Communityone Bank, National Association in Asheboro, North Carolina (NC)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Communityone Bank, National Association in Asheboro, North Carolina (NC)
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Communityone Bank, National Association - Overview

  • General
  • FDIC Certificate #: 4879
    Status: Active
    Federal Reserve ID: 591825
    Bank Holding Company (Regulatory Top Holder): Fnb United Corp. (RSSDID: 1133473, Location: Asheboro, NC)
    Date Established: January 01, 1907
    WWW: http://www.myyesbank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 46 (Domestic: 46, Interstate: No)
    OTS Docket #: 14400
    FDIC's unique #: 3248
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization > 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: October 04, 2007
    Last Structure Change Process Date: December 11, 2007
    Last Data Update: December 11, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 101 Sunset Avenue, Asheboro, NC 27203
    County: Randolph
    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): Greensboro-High Point, NC (#24660)
    CBSA Metro Statistical Area: Greensboro-High Point, NC (#24660)
  • Financial Summary
  • Total assets: $1,666.0 mil
    Equity capital: $136.3 mil
    Deposits held in domestic offices: $1,443.4 mil
    Return on assets (ROA): -7.02% (-$117.0 mil)
    Quarterly return on assets: -4.87% (-$81.1 mil)
    Return on Equity (ROE): -3,527.41% (-$4,797.3 mil)
    Quarterly return on equity: -250.67% (-$340.9 mil)
    Net income: -$122.9 mil
    Quarterly Net income: -$20.1 mil
    Pretax return on assets: -7.04% (-$117,285.0 mil)
    Quarterly Pretax return on assets: -4.90% (-$81,633.0 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
  • 445Total employees (full-time equivalent)
  • $1,665,980Total assets
  • $409,526Cash and due from depository institutions
  • $386,441Interest-bearing balances
  • $242,379Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $813,474Net loans & leases
  • $34,946Loan loss allowance
  • $0Trading account assets
  • $43,795Bank premises and fixed assets
  • $100,776Other real estate owned
  • $3,379Goodwill and other intangibles
  • $1,665,980Life insurance assets
  • $52,651All other assets
  • $1,529,671Total liabilities and capital
  • $1,443,415Total liabilities
  • $1,290,153Total deposits
  • $1,443,415Interest-bearing deposits
  • $85Deposits held in domestic offices
  • 8838.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $58,370Trading liabilities
  • $0Other borrowed funds
  • $19,048Subordinated debt
  • $136,309All other liabilities
  • $136,309Total equity capital
  • $136,309Total bank equity capital
  • $0Perpetual preferred stock
  • $1,500Common stock
  • $410,393Surplus
  • $-275,584Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $4,762Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $106,243Income earned, not collected on loans
  • $653Earning assets
  • $3,272Long-term assets (5+ years)
  • $1,442,294Average Assets, year-to-date
  • $340,200Average Assets, quarterly
  • $1,749,526Volatile liabilities
  • $1,652,436Insider loans
  • $954,408FHLB advances
  • $1,685,648Loans and leases held for sale
  • $33,055Unused loan commitments
  • $31,669Tier 1 (core) risk-based capital
  • $136,939Tier 2 risk-based capital
  • $1,386Total risk weighted assets
  • $0Total unused commitments
  • $209,186Restructured Loans and leases
  • $858Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $56,188Total interest income
  • $21,831Total interest expense
  • $34,357Net interest income
  • $62,962Provision for loan and lease losses
  • -$21,945Total noninterest income
  • $790Fiduciary activities
  • $5,574Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$28,309Additional noninterest income
  • $79,955Total noninterest expense
  • $27,337Salaries and employee benefits
  • $7,371Premises and equipment expense
  • $45,247Additional noninterest expense
  • -$130,505Pre-tax net operating income
  • $7,308Securities gains (losses)
  • -$309Applicable income taxes
  • -$122,888Income before extraordinary items
  • $0Extraordinary gains - net
  • -$122,888Net income attributable to bank
  • $0Net charge-offs
  • -$122,888Cash dividends
  • $121,703Sale, conversion, retirement of capital stock, net
  • $756Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.67%Yield on earning assets
  • 1.43%Cost of funding earning assets
  • 2.24%Net interest margin
  • -1.43%Noninterest income to earning assets
  • 5.22%Noninterest expense to earning assets
  • -7.44%Net operating income to assets
  • -7.02%Return on assets (ROA)
  • -7.04%Pretax return on assets
  • -3527.41%Return on equity (ROE)
  • -3549.11%Retained earnings to average equity (YTD only)
  • 11.40%Net charge-offs to loans
  • 51.73%Credit loss provision to net charge-offs
  • -0.55%Efficiency ratio
  • 636,223Assets per employee
  • 3.74%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -0.62%Loss allowance to loans
  • 4.12%Loss allowance to noncurrent loans
  • 32.89%Noncurrent assets plus other real estate owned to assets
  • 12.43%Noncurrent loans to loans
  • 12.52%Net loans and leases to deposits
  • 56.36%Net loans and leases to core deposits
  • 63.03%Equity capital to assets
  • 8.18%Core capital (leverage) ratio
  • 8.12%Tier 1 risk-based capital ratio
  • 14.35%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $1,749,526Average earning assets
  • $3,484Average equity
  • $1,531,282Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $72,061Managed Assets
  • 1Number of Accounts
  • $52,717Personal trust and agency accounts
  • $4,180Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $12,439Other retirement accounts
  • $14,271Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $21,827Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 186Number of Accounts
  • $0Personal trust and agency accounts
  • $12,761Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $19,344Other retirement accounts
  • $0Corporate trust and agency accounts
  • $19,294Other fiduciary accounts
  • $50Fiduciary accounts held in foreign offices

Bank Assets Sold and Securitized (December 31, 2011)

  • Dollar figures in thousands
  • Principal balance with servicing or other recourse retained
  • $1261-4 family residential loans
  • $0Home equity lines
  • $0Credit cards receivables
  • $0Auto loans
  • $0Other consumer loans
  • $1,338Commercial and industrial loans
  • $578All other loans and all leases

List of branches

  • 46 North Carolina Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    03248Communityone Bank, National Association101 Sunset Avenue, Asheboro, NC 27203January 01, 1907Full Service Brick and Mortar
    2204734North Asheboro Branch1433 North Fayetteville Street, Asheboro, NC 27203October 27, 1960Full Service Brick and Mortar
    4204736Seagrove Branch204 East Main Street, Seagrove, NC 27341March 27, 1968Full Service Brick and Mortar
    5204737Randleman Branch685 West Academy Street, Randleman, NC 27317March 25, 1970Full Service Brick and Mortar
    6204738Ramseur Branch6792 Jordan Road, Ramseur, NC 27316November 19, 1975Full Service Brick and Mortar
    7204739South Asheboro Branch106 East Taft Street, Asheboro, NC 27203May 21, 1979Full Service Brick and Mortar
    9204741Archdale Branch10108 South Main Street, Archdale, NC 27263December 31, 1986Full Service Brick and Mortar
    10204742Biscoe Branch111 West Main Street, Biscoe, NC 27209January 04, 1988Full Service Brick and Mortar
    11204743Siler City Branch1711 East Eleventh Street, Siler City, NC 27344July 23, 1990Full Service Brick and Mortar
    14204744Trinity Branch5978 Nc Highway 62, Trinity, NC 27370August 06, 1999Full Service Brick and Mortar
    1540868Rockingham Downtown Branch115 South Lawrence Street, Rockingham, NC 28379January 01, 1906Full Service Brick and Mortar
    16264566Rockingham Road Branch1222 Rockingham Road, Rockingham, NC 28379January 01, 1906Full Service Brick and Mortar
    17264567Ellerbe Branch115 West Sunset Avenue, Ellerbe, NC 28338January 01, 1906Full Service Brick and Mortar
    18264568Southern Pines Branch495 Pinehurst Avenue, Southern Pines, NC 28387June 30, 1987Full Service Brick and Mortar
    19264569Laurinburg Branch380 Plaza Road, Laurinburg, NC 28352September 28, 1998Full Service Brick and Mortar
    20365530Pinehurst Branch15 Dawn Road, Pinehurst, NC 28374October 15, 2002Full Service Brick and Mortar
    21432004Friendly Center Branch616 Green Valley Road, Greensboro, NC 27408Febuary 02, 2004Full Service Brick and Mortar
    2245189China Grove Branch200 North Main Street, China Grove, NC 28023May 17, 1905Full Service Brick and Mortar
    23287841Faith Road Branch225 Faith Road, Salisbury, NC 28146March 01, 1999Full Service Brick and Mortar
    24287842Kannapolis Branch100 South Enochville Avenue, Enochville, NC 28023December 20, 1999Full Service Brick and Mortar
    2561128Alamance Bank Branch1128 South Main Street, Graham, NC 27253September 14, 1998Full Service Brick and Mortar
    26361222Hillsborough National Branch102 Millstone Drive, Hillsborough, NC 27278June 18, 2001Full Service Brick and Mortar
    27431967Burlington Office Branch3158 South Church Street, Burlington, NC 27215August 16, 2004Full Service Brick and Mortar
    28450630New Garden Branch1655 New Garden Road, Greensboro, NC 27410January 09, 2006Full Service Brick and Mortar
    2956019First Gaston Bank Of North Carolina804 South New Hope Road, Gastonia, NC 28054July 11, 1995Full Service Brick and Mortar
    30290317Belmont Branch6440 Wilkinson Boulevard, Belmont, NC 28012September 05, 1995Full Service Brick and Mortar
    31290318Mount Holly Branch701 South Main Street, Mount Holly, NC 28120March 04, 1996Full Service Brick and Mortar
    32260708Dallas Branch120 West Wilkins Street, Dallas, NC 28034May 31, 1994Full Service Brick and Mortar
    33365820Stanley Branch206 South Highway 27, Stanley, NC 28164July 15, 2002Full Service Brick and Mortar
    3456220Catawba Valley Bank Branch1039 Second Street, N.E., Hickory, NC 28601November 01, 1995Full Service Brick and Mortar
    35290370Second Street Branch1445 Second Avenue, N.W., Hickory, NC 28601September 25, 1996Full Service Brick and Mortar
    36290371Newton Branch2625 Northwest Boulevard, Newton, NC 28658March 15, 1999Full Service Brick and Mortar
    37360354Spring Road Branch3244 Springs Road N.E., Hickory, NC 28601March 15, 2001Full Service Brick and Mortar
    3847426Wilkesboro Branch1600 Curtis Bridge Road, Wilkesboro, NC 28697January 17, 1992Full Service Brick and Mortar
    39289743North Wilkesboro Branch5 Sparta Road, North Wilkesboro, NC 28659June 01, 1994Full Service Brick and Mortar
    40289744Millers Creek Branch2924 N Nc Hwy 16, Millers Creek, NC 28651Febuary 12, 1996Full Service Brick and Mortar
    41289745Taylorsville Branch151 West Main Ave, Taylorsville, NC 28681August 15, 1997Full Service Brick and Mortar
    42363681Northwestern Bk., A Div. Of Cattawa Valley Bk. Branch325 Leola Street, Boone, NC 28607January 02, 2002Full Service Brick and Mortar
    43363682West Jefferson Branch1055 Mount Jefferson Road, West Jefferson, NC 28694January 02, 2002Full Service Brick and Mortar
    44423203Statesville Branch1829 East Broad Street, Statesville, NC 28625October 30, 2003Full Service Brick and Mortar
    45423204Mooresville Branch141 Williamson Road, Mooresville, NC 28117October 15, 2003Full Service Brick and Mortar
    46440758Messenger Service1039 Second Street, N.E., Hickory, NC 28601June 03, 2005Limited Service Messenger
    47459413First National Center Office Branch1938 Jake Alexander Boulevard West, Salisbury, NC 28147September 11, 2006Full Service Brick and Mortar
    48488116Cornelius Office Branch8231 Magnolia Estates Dr, Cornelius, NC 28031November 03, 2008Full Service Brick and Mortar
    49493098Hilltop Branch5605 Hilltop Rd, Jamestown, NC 27282August 13, 2008Full Service Brick and Mortar
    50493099Seven Lakes Branch115 Grant St, West End, NC 27376December 22, 2008Full Service Brick and Mortar

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