3 star ratingAverage User Rating:
3 star rating based on 4 reviews.

Carolina Premier Bank

Carolina Premier Bank Locations
13024 Ballantyne Corporate Place
Charlotte, NC 28277
704-752-9292
www.carolinapremierbank.com

FDIC


Carolina Premier Bank is headquartered in Charlotte and is the 51st largest bank in the state of North Carolina. It is also the 2,714st largest bank in the nation. It was established in 2007 and as of March of 2013, it had grown to 57 employees at 5 locations. Carolina Premier Bank has a 5-star health rating.

Carolina Premier Bank Routing Number: 053012760

Related Posts

Carolina Premier Bank RCA (2.50, $25K) To (2.0,$25K) (Forum) - 11/11/2012

Less than a year ago the Premier Rewards checking account was paying 3.02%.  In February the rate decreased to 2.5% and now there has been another 50 basis points drop. 

Reminder: 5% Reward Checking and 2.10% Savings Account at Carolina Premier Bank in Charlotte - Local Only (Forum) - 2/5/2010

A reader just provided a detailed review of his experience with opening the reward checking and savings account at Carolina Premier Bank in Charlotte, North Carolina. Refer to the Carolina Premier Bank hub to read his review and for more info on this 5% r

5.00% Reward Checking Account at Carolina Premier Bank in NC - Local Only - 11/10/2009

Carolina Premier Bank is offering a reward checking account with the following rates and features if certain requirements are met:5.00% APY on balances up to $25,0000.50% on portion of balance over $25,0000.50% base rate if requirements are not metATM...

5.35% 6-Month CD at a North Carolina Bank (Carolina Premier). - 12/23/2007

Carolina Premier Bank is offering a special 5.35% APY 6-month certificate of deposit. The minimum deposit is $5,000, and the maximum is $37,500. The 5.35% yield requires opening a new checking account. Without the checking the yield is 5.15% APY.This...




Carolina Premier Bank Checking Account Rates

ApyMinMaxProduct
2.00%-$25kPremier Rewards Checking

Rates updated: 6/18/2013

Data for Q1 2013


Institution Statistics


Carolina Premier Bank
FDIC Certificate #58516
BankRate ReportView
Year Established2007
Employees57
Primary RegulatorFDIC

Assets and Liabilities

Assets$235.79 million
Loans$163.23 million
Deposits$202.27 million
Equity Capital$22.07 million
Loan Loss Allowance$2.17 million
Unbacked Noncurrent Loans$2.08 million

Historic Data - March 2012

Assets$197.76 million
Equity Capital$21.27 million
Loan Loss Allowance$2.14 million
Unbacked Noncurrent Loans$1.99 million
Real Estate Owned$516,000

Profit Margin - Quarterly

Net Interest Margin3.3%
Return on Assets0.32%
Return on Equity3.67%
Interest Income$2.31 million

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio4
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2013 Carolina Premier Bank had $2.08 million in non-current loans and owned real-estate with $24.25 million in equity and loan loss allowances on hand to cover it. This gives Carolina Premier Bank a Texas Ratio of 8.60% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend4
The Texas Ratio for Carolina Premier Bank decreased slightly from 10.72% as of March 31, 2012 to 8.60% as of March 31, 2013, resulting in a positive change of 19.84%.This indicates that the balance sheet and financial strength for Carolina Premier Bank has improved slightly in recent periods.
Deposit Growth5
In the past year, Carolina Premier Bank has increased its total deposits by $44.69 million, resulting in 28.36% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Carolina Premier Bank has shown is excellent.
Capitalization4
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Carolina Premier Bank has $235.78 million in assets with $24.25 million in equity, resulting in a capitalization level of 10.28%, which is above average.
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Questions!
1 stars - boatman - Tuesday, November 1, 2011 - 11:10 AM

How come both locations have the same  telephone  and fax numbers?  How is it some of the employees don't know the name of the president? How come or why do some employees give out busniness cards with other last names on them..... And is it normal for employees to  try to set up the first meetingat a location other than the bank? If one makes an appointment at the bank then shows up at the bank at the correct time there is "another person", you knew you needed to meet with, is in a meeting with someone else and he will call and set up a meeting outside the bank?

Is this weird or is there somehting fishy going on? That is a question, I honestly don't know. They seem nice but something is a little bit strange. By the way I checked they are not members of the BBB or at least weren't when I checked. The state attroney's general office had no complaints but had not heard of them.

 

THis bank might be a really good bank but not having dealt with them before trying to check, if anybody knows anything I would like to know( if you don't currently work for that bank)

8

Bauer Now Rates Carolina Premier Bank As **** On Their 5 Star System
5 stars - Anonymous - Thursday, February 4, 2010 - 6:33 PM

Bauer now rates Carolina Premier Bank as **** on their 5 star system. It was previously rated as a start-up. On 2/2/10 I opened reward checking (5% to $25K) and passbook savings (2.1%) accounts. These replaced similar accounts I had elsewhere that had declined to 3% and 1%. The two ladies I dealt with were congenial and informative. The presentation, discussion and application process took about an hour including both accounts. The initial at-home online log-in required set-up and was without hiccup. The bank has offices in the Charlotte, NC southern suburbs of Ballantyne and Blakeley, each south of I485. The Blakeley office is in the vicinity of the Rea Rd./Audrey Kell Rd. intersection. The reward checking statement cycles on the 15th of the month requiring transactions completion by the 14th. Only 4 checks are issued initially with a charge for subsequent checks. The passbook savings account posts interest monthly and statements are quarterly. As I am a new customer my star rating is based on my favorable initial impression. It's not megabank in attitude. I know those.

5

Good Bank With A Solid Service Ethic
4 stars - Anonymous - Monday, January 9, 2012 - 9:22 AM

I use them for our personal banking, and really like them. I've never been asked to meet outside of their offices, but given their personal nature it wouldn't surprise me if they offered to come to you. I love that there are no fees for personal banking. My only complaint is that their on-line banking has a bit of a learners curve, and is not as simple as our last bank, and that there was no after-hours support available when we had a problem. All in all these have been minor digs.

If you want all the bells and whistles of a large bank, including a branch on every corner, this bank is not for you. But if you want a bank where you feel welcome, no fees and a local feel, this is the place.

1

A Bank Built To Only Make Money For The Founders
1 stars - Anonymous - Tuesday, September 28, 2010 - 11:30 AM

Don't fall for their bull. This bank was just built as a way for the people at the top to get more money. Some of the board members are very bad and, in my opinion, immoral leaders. Don't give them your money.

1