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704-752-9292
13024 Ballantyne Corporate Place
Charlotte, NC 28277

Carolina Premier Bank is headquartered in Charlotte and is the 44th largest bank in the state of North Carolina. It is also the 2,556th largest bank in the nation. It was established in 2007 and as of December of 2013, it had grown to 59 employees at 7 locations. Carolina Premier Bank has a B+ health rating.

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Reviews (4)

Questions!

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)

Bauer Now Rates Carolina Premier Bank As **** On Their 5 Star System

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.

Good Bank With A Solid Service Ethic

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.

A Bank Built To Only Make Money For The Founders

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.



Health

Data for Q4 2013

Institution Health

B+

Texas Ratio

GRADE:
A+

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 December 31, 2013 Carolina Premier Bank had $1.07 million in non-current loans and owned real-estate with $24.01 million in equity and loan loss allowances on hand to cover it. This gives Carolina Premier Bank a Texas Ratio of 4.47% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for Carolina Premier Bank decreased dramatically from 16.30% as of December 31, 2012 to 4.47% as of December 31, 2013, resulting in a positive change of 72.59%.This indicates that the balance sheet and financial strength for Carolina Premier Bank has improved dramatically in recent periods.

Deposit Growth

GRADE:
D

In the past year, Carolina Premier Bank has decreased its total deposits by -$12.8 million, resulting in -5.6% 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 below average.

Capitalization

GRADE:
B

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 $249.32 million in assets with $24.01 million in equity, resulting in a capitalization level of 9.63%, which is above average.

Institution Statistics

Overall
FDIC Certificate #58516
Year Established2007
Employees59
Primary RegulatorFDIC
Assets and Liabilities
Assets$249.32 million
Loans$167.19 million
Deposits$215.97 million
Equity Capital$21.69 million
Loan Loss Allowance$2.32 million
Unbacked Noncurrent Loans$1.02 million
Real Estate Owned$54,000
Historic Data - December 2012
Assets$266.14 million
Equity Capital$21.95 million
Loan Loss Allowance$2.13 million
Unbacked Noncurrent Loans$1.02 million
Real Estate Owned$538,000
Profit Margin - Quarterly
Net Interest Margin3.55%
Return on Assets0.3%
Return on Equity3.31%
Interest Income$9.59 million
Rates
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Carolina Premier Bank Checking Account Rates

DetailsAPYMINMAXPRODUCT
1.25%-$15kPremier Rewards Checking
0.05%--Premier Rewards Checking
Locations


Carolina Premier Bank Locations
Ballantyne Corporate Center13024 Ballantyne Corporate Place Suite 100Charlotte, NC 28277
Oakland Branch201 Oakland DriveRock Hill, SC 29730
Cherokee Branch203 West Cherokee StreetBlacksburg, SC 29702
Blakeney Branch6225 Blakeney Park DriveCharlotte, NC 28277
Bank Of The Ubrban Leauge Of The Central Carolinas740 W. 5th StreetCharlotte, NC 28202