Bank of North Carolina in Thomasville, North Carolina (NC), SC
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Bank of North Carolina in Thomasville, North Carolina (NC), SC
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Bank of North Carolina routing number info

Bank of North Carolina - Overview

  • General
  • FDIC Certificate #: 33527
    Status: Active
    Federal Reserve ID: 1908082
    Bank Holding Company (Regulatory Top Holder): Bnc Bancorp (RSSDID: 3141650, Location: Thomasville, NC)
    Date Established: December 03, 1991
    WWW: http://www.bankofnc.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 37 (Domestic: 36, Interstate: Yes)
    OTS Docket #: 11718
    FDIC's unique #: 47377
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: December 03, 1991
    Last Structure Change Effective Date: December 31, 2011
    Last Structure Change Process Date: January 09, 2012
    Last Data Update: January 09, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 831 Julian Avenue, Thomasville, NC 27360
    County: Davidson
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Charlotte
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Greensboro--Winston-Salem--High Point, NC (#3120)
    Combined Statistical Area (CSA): Greensboro-Winston-Salem-High Point, NC (#268)
    Core Based Statistical Area (CBSA): Thomasville-Lexington, NC (#45640)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $2,453.6 mil
    Equity capital: $192.3 mil
    Deposits held in domestic offices: $2,119.0 mil
    Return on assets (ROA): 0.34% ($8.3 mil)
    Quarterly return on assets: 0.22% ($5.4 mil)
    Return on Equity (ROE): 4.05% ($7.8 mil)
    Quarterly return on equity: 2.67% ($5.1 mil)
    Net income: $7.5 mil
    Quarterly Net income: $1.3 mil
    Pretax return on assets: 0.28% ($6,870.0 mil)
    Quarterly Pretax return on assets: 0.15% ($3,680.4 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 442Total employees (full-time equivalent)
  • $2,453,584Total assets
  • $49,003Cash and due from depository institutions
  • $34,159Interest-bearing balances
  • $379,256Securities
  • $6,826Federal funds sold & reverse repurchase agreements
  • $1,688,072Net loans & leases
  • $31,008Loan loss allowance
  • $0Trading account assets
  • $42,901Bank premises and fixed assets
  • $68,503Other real estate owned
  • $29,115Goodwill and other intangibles
  • $2,453,584Life insurance assets
  • $189,908All other assets
  • $2,261,325Total liabilities and capital
  • $2,118,999Total liabilities
  • $1,972,011Total deposits
  • $2,118,999Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 8931.00%% insured (estimated)
  • $628Federal funds purchased & repurchase agreements
  • $117,000Trading liabilities
  • $8,000Other borrowed funds
  • $7,767Subordinated debt
  • $192,259All other liabilities
  • $192,259Total equity capital
  • $192,259Total bank equity capital
  • $0Perpetual preferred stock
  • $8,094Common stock
  • $134,460Surplus
  • $49,705Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $9,596Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $92,721Income earned, not collected on loans
  • $0Earning assets
  • $10,174Long-term assets (5+ years)
  • $2,108,313Average Assets, year-to-date
  • $524,647Average Assets, quarterly
  • $2,219,975Volatile liabilities
  • $2,324,997Insider loans
  • $1,626,118FHLB advances
  • $2,200,616Loans and leases held for sale
  • $46,889Unused loan commitments
  • $25,889Tier 1 (core) risk-based capital
  • $162,404Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $21,000Total unused commitments
  • $205,257Restructured Loans and leases
  • $21,850Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $103,343Total interest income
  • $31,952Total interest expense
  • $71,391Net interest income
  • $18,214Provision for loan and lease losses
  • $9,907Total noninterest income
  • $0Fiduciary activities
  • $3,190Service charges on deposit accounts
  • $0Trading account gains & fees
  • $6,717Additional noninterest income
  • $58,166Total noninterest expense
  • $31,810Salaries and employee benefits
  • $6,602Premises and equipment expense
  • $19,754Additional noninterest expense
  • $4,918Pre-tax net operating income
  • $1,202Securities gains (losses)
  • -$1,408Applicable income taxes
  • $7,528Income before extraordinary items
  • $0Extraordinary gains - net
  • $7,528Net income attributable to bank
  • $0Net charge-offs
  • $7,528Cash dividends
  • $20,728Sale, conversion, retirement of capital stock, net
  • $2,100Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.36%Yield on earning assets
  • 1.66%Cost of funding earning assets
  • 3.70%Net interest margin
  • 0.51%Noninterest income to earning assets
  • 3.02%Noninterest expense to earning assets
  • 0.28%Net operating income to assets
  • 0.34%Return on assets (ROA)
  • 0.28%Pretax return on assets
  • 4.05%Return on equity (ROE)
  • 2.92%Retained earnings to average equity (YTD only)
  • 1.32%Net charge-offs to loans
  • 87.87%Credit loss provision to net charge-offs
  • 1.12%Efficiency ratio
  • 71,035Assets per employee
  • 5.55%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 27.90%Loss allowance to loans
  • 1.80%Loss allowance to noncurrent loans
  • 33.44%Noncurrent assets plus other real estate owned to assets
  • 6.57%Noncurrent loans to loans
  • 5.39%Net loans and leases to deposits
  • 79.66%Net loans and leases to core deposits
  • 203.53%Equity capital to assets
  • 7.84%Core capital (leverage) ratio
  • 7.38%Tier 1 risk-based capital ratio
  • 9.99%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $2,219,975Average earning assets
  • $186,011Average equity
  • $1,928,450Average loans

List of branches

  • 29 North Carolina Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    047377Bank Of North Carolina831 Julian Avenue, Thomasville, NC 27360December 03, 1991Full Service Brick and Mortar
    1289721Archdale Branch113 Trindale Road, Archdale, NC 27263December 08, 1995Full Service Brick and Mortar
    2289722Lexington Branch115 E Center St, Lexington, NC 27292June 09, 1997Full Service Brick and Mortar
    3289723National Highway Branch1317 National Highway, Thomasville, NC 27360July 15, 1999Full Service Brick and Mortar
    457788Kernersville Branch211 Broad Street, Kernersville, NC 27285November 05, 1997Full Service Brick and Mortar
    5363972Oak Ridge Branch8000 Linville Road, Oak Ridge, NC 27310June 18, 2002Full Service Brick and Mortar
    6442455High Point Branch801 N. Elm Street, High Point, NC 27265Febuary 01, 2005Full Service Brick and Mortar
    9448965Harrisburg Office4351 Main Street, Suite 105, Harrisburg, NC 28075March 01, 2006Full Service Brick and Mortar
    10448966Salisbury Office415 Jake Alexander Boulevard, Salisbury, NC 28147Febuary 01, 2006Full Service Brick and Mortar
    11453832Northern Davidson Cnty Branch6355 Old Us Hwy 52, Lexington, NC 27295June 12, 2006Full Service Retail
    13419007Friendly Center Branch3202 Northline Avenue, Greensboro, NC 27408September 05, 2002Full Service Brick and Mortar
    15477437Mooresville Branch125 Commerce Park Drive, Mooresville, NC 28117May 21, 2008Full Service Brick and Mortar
    16479331Winston Salem Office Branch1810 North Peace Haven Road, Winston Salem, NC 27104September 01, 2007Full Service Retail
    17483140Highway 68 Branch2630 Eastchester Drive, High Point, NC 27265August 18, 2008Full Service Brick and Mortar
    18495652Concord Office271 Copperfield Blvd, Concord, NC 28025September 14, 2009Full Service Brick and Mortar
    26518772Raleigh Office4525 Falls Of Neuse Road, Raleigh, NC 27609April 21, 2011Full Service Brick and Mortar
    27521471Southpark Office Branch5970 Fairview Road, Charlotte, NC 28210Febuary 15, 2011Full Service Retail
    2845181Blue Ridge Savings Bank, Inc. Branch20 South Pack Square, Asheville, NC 28816March 01, 1978Full Service Brick and Mortar
    29287810West Asheville Branch290 Smoky Park Highway, Asheville, NC 28806June 30, 1986Full Service Brick and Mortar
    30287811Brevard Branch210 South Broad Street, Brevard, NC 28712June 30, 1988Full Service Brick and Mortar
    31287812Hendersonville Branch806 Old Spartanburg Hwy., Hendersonville, NC 28739July 10, 1989Full Service Brick and Mortar
    32432385Boone Branch2663 Highway 105 South, Boone, NC 28607March 16, 2004Full Service Brick and Mortar
    33432386Fletcher Branch4020 Hendersonville Road, Fletcher, NC 28732April 26, 2004Full Service Brick and Mortar
    34447202Stanley Branch357 North Main Street, Stanley, NC 28164November 28, 2005Full Service Brick and Mortar
    35472046Maggie Valley Branch2160 Soco Road, Maggie Valley, NC 28751July 06, 2001Full Service Brick and Mortar
    36472047Charlotte Branch6035 The Plaza, Charlotte, NC 28215November 19, 2007Full Service Brick and Mortar
    38477433Mooresville Branch736 Brawley School Road, Suite 100, Mooresville, NC 28117June 18, 2008Full Service Brick and Mortar
    40527716Carmel Road Officef6342 Carmel Road, Charlotte, NC 28226January 09, 2012Full Service Brick and Mortar
    41528022Greensboro Elm Street Branch2201 North Elm Street, Greensboro, NC 27408October 06, 2011Full Service Brick and Mortar
  • 8 South Carolina Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    1957001Beach First National Bank Branch3751 Robert M. Grissom Parkway Suite 100, Myrtle Beach, SC 29577September 23, 1996Full Service Brick and Mortar
    20360615Surfside Branch3064 Dick Pond Road, Myrtle Beach, SC 29588June 06, 2001Full Service Brick and Mortar
    21366291Hilton Head Island Branch430 William Hilton Parkway, Ste. 501, Hilton Head Island, SC 29926Febuary 10, 2003Full Service Brick and Mortar
    22419024North Myrtle Beach Branch710 Highway 17 North, North Myrtle Beach, SC 29582November 12, 2002Full Service Brick and Mortar
    23441935Litchfield\pawleys Island Branch Off115 Willbrook Blvd, Pawleys Island, SC 29585July 05, 2004Full Service Brick and Mortar
    24441936Wexford Branch Office Branch1000 William Hilton Parkway, Hilton Head Island, SC 29928January 03, 2005Full Service Brick and Mortar
    37472054Greer Branch330 East Frontage Road, Greer, SC 29651September 11, 2002Full Service Brick and Mortar
    39473492Greenville Regent Branch550 E Mcbee Avenue, Greenville, SC 29601April 14, 2009Full Service Brick and Mortar

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