The Bank of Asheville
| Status: | Inactive as of 01/21/2011 |
| Absorption - Assisted | |
| Successor Bank: | First Bank |
| Headquarters: | The Bank of Asheville 79 Woodfin Place Asheville, NC 28801 |
| Established: | 12/01/1997 |
| FDIC Insurance: | 12/01/1997 |
| FDIC Cert: | #34516 |
| Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
| Total Assets: | $204,925,000 |
| Total Deposits: | $199,394,000 |
History
| 1997-12-01 | Institution established: Original name:The Bank of Asheville | |
| 2011-01-21 | Failed. Acquired with government financial assistance and subsequently operated as part of First Bank (15019) | |
| 2013-09-04 | Moved bank headquarters from ASHEVILLE, NC to SOUTHERN PINES, NC | |
| 2015-04-22 | Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS | |
| 2015-04-22 | Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD | |
| 2017-03-04 | Acquired Carolina Bank (34348) in GREENSBORO, NC | |
| 2017-10-01 | Acquired Asheville Savings Bank, S.S.B. (29663) in ASHEVILLE, NC |