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101 Sunset Avenue
Asheboro, NC 27203

CommunityOne Bank is headquartered in Asheboro and is the 12st largest bank in the state of North Carolina. It is also the 367th largest bank in the nation. It was established in 1907 and as of June of 2014, it had grown to 559 employees at 51 locations. CommunityOne Bank has a C+ health rating.

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Reviews (1)

Sell Mortgage To Unscrupulous Parties

I had no problem with re-financing a mortgage with Community One.  However - they do not care who they sell that mortage to!    I am no longer with Community One through no fault of my own.  They sold my mortage to a nightmare.


Data for Q2 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of June 30, 2014 CommunityOne Bank had $75.62 million in non-current loans and owned real-estate with $179.08 million in equity and loan loss allowances on hand to cover it. This gives CommunityOne Bank a Texas Ratio of 42.23% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for CommunityOne Bank decreased dramatically from 77.05% as of June 30, 2013 to 42.23% as of June 30, 2014, resulting in a positive change of 45.19%.This indicates that the balance sheet and financial strength for CommunityOne Bank has improved dramatically in recent periods.

Deposit Growth


In the past year, CommunityOne Bank has decreased its total deposits by -$48.55 million, resulting in -2.68% 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 CommunityOne Bank has shown is below average.



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. CommunityOne Bank has $2.01 billion in assets with $179.08 million in equity, resulting in a capitalization level of 8.90%, which is average.

Institution Statistics

FDIC Certificate #4879
Year Established1907
Primary RegulatorOCC
Assets and Liabilities
Assets$2.01 billion
Loans$1.25 billion
Deposits$1.76 billion
Equity Capital$155.10 million
Loan Loss Allowance$23.98 million
Unbacked Noncurrent Loans$53.88 million
Real Estate Owned$21.74 million
Historic Data - June 2013
Assets$2.03 billion
Equity Capital$137.21 million
Loan Loss Allowance$25.09 million
Unbacked Noncurrent Loans$53.88 million
Real Estate Owned$35.76 million
Profit Margin - Quarterly
Return on Assets0.54%
Return on Equity7.33%
Interest Income$36.19 million

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CommunityOne Bank has 53 locations. Click to view all CommunityOne Bank locations.