Bank of North Carolina

831 Julian Avenue
Thomasville, NC 27360

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 33527
Date Established 1991
Assets $7.57 billion
Loans $5.60 billion
Deposits $6.33 billion
Capital $1.01 billion

Bank of North Carolina is an FDIC insured institution located in Thomasville, NC. It was founded in 1991 and has approximately $7.57 billion in assets. Customers can open an account at one of its 76 branches.

For a more detailed analysis of Bank of North Carolina's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in Bank of North Carolina’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Construction and Development Loans.

Compared to other banks in North Carolina, Bank of North Carolina has a significantly higher percent of Commercial Real Estate on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 24.16
Multifamily
Mortgages
3.99
Credit Card Loans 0.00
Consumer Auto Loans 0.08
Small Business Loans 11.43
Construction and Development Loans 13.57
Commercial Real Estate 48.83
Commercial and Industrial Loans 8.15
Farm Loans 0.00

Savings Rates

Your Current Location: Virginia, VA 20146

There are currently no rates available for Bank Of North Carolina, but see these great savings and CD rates:


Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank of North Carolina

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2017

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Poli Mortgage Group Inc
NMLS ID: 1979
License#: MC-5501
3.875% 3.875% 0.00 $0 $1,176 Learn More
Cornerstone Home Lending
NMLS ID: 119622
License#: MC-4673
4.000% 4.000% 0.00 $0 $1,194 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2017

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.240% $217.33 Learn More

Note to Bank of North Carolina
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Branches

Bank of North Carolina branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Bank Of North Carolina Locations

Financial Details

Bank of North Carolina Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of North Carolina. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Bank of North Carolina U.S. Bank Average
4.19% 8.45

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of June 30, 2017, Bank of North Carolina had $18,779,000 in non-current loans and $24,984,000 in owned real estate. To cover these potential losses it had $1,005,619,000 in equity and $39,365,000 in loans loss reserves. That gives it a Texas Ratio of 4.19%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity
Bank of North Carolina U.S. Bank Average
7.26% 8.58

Bank of North Carolina has a Return on Equity of 7.26% versus the BestCashCow average of 8.58. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Bank of North Carolina U.S. Bank Average
13.29% 12.11

Bank of North Carolina has a Capitalization of 13.29% versus the BestCashCow average of 12.11. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Bank of North Carolina Balance Sheet Analysis

As of March 31, 2017, Bank of North Carolina had assets of $7,568,715,000, loans of $5,604,955,000, and deposits of $6,334,276,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Frequently Asked Questions About Bank of North Carolina

Branches and Savings

Is Bank of North Carolina FDIC insured?

Yes. It is covered under FDIC Certificate #33527.

Why does Bank of North Carolina pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Bank of North Carolina CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Bank of North Carolina a commercial bank?

Yes

Where are Bank of North Carolina locations?

See branch locations nearby.

Is Bank of North Carolina open on Saturdays?

Is Bank of North Carolina open on Sundays?

What time does Bank of North Carolina open?

What time does Bank of North Carolina close?

Are Bank of North Carolina ATMs Open 24/7?

Do Bank of North Carolina ATMs accept cash deposits?

Can Bank of North Carolina customers use other ATMs?

Do Bank of North Carolina branches have notaries?

Will Bank of North Carolina notarize my document?

What address for Bank of North Carolina should I put for incoming ACH transfers?

Will the Bank of North Carolina branch print checks?

Do Bank of North Carolina checks expire?

Does Bank of North Carolina require US citizenship to open account?

Can Bank of North Carolina close my account?

Does Bank of North Carolina Report to credit bureaus?

Does Bank of North Carolina Use Equifax?

What is Bank of North Carolina's ACH Routing Number?

What is Bank of North Carolina's SWIFT code?

Products

Does Bank of North Carolina offer mortgages?

Compare mortgage rates here.

Does Bank of North Carolina offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bank of North Carolina offer personal loans?

Compare personal loan rates here.

Does Bank of North Carolina offer student loans?

Will Bank of North Carolina cash a check?

Will Bank of North Carolina redeem a savings bond?

Does Bank of North Carolina cash savings bonds?

Will Bank of North Carolina cash money orders?

Can Bank of North Carolina issue a money order?

Does Bank of North Carolina do currency exchange?

Background on The Bank

Who owns Bank of North Carolina?

How long has Bank of North Carolina been around?

Can Bank of North Carolina transfer to other banks?

Does Bank of North Carolina have quick pay?

Does Bank of North Carolina accept rolled coins?

Will Bank of North Carolina accept loose change?

Where is Bank of North Carolina headquarters?

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