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1043 E. Morehead Street, Suite 100
Charlotte, NC 28204

Park Sterling Bank is headquartered in Charlotte and is the 11st largest bank in the state of North Carolina. It is also the 363rd largest bank in the nation. It was established in 2006 and as of March of 2014, it had grown to 470 employees at 47 locations. Park Sterling Bank has a A+ health rating.

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Reviews (2)

Park Sterling Cyber Security Not Up To Par

Park Sterling Bank recently sent an unauthorized wire to Moscow, Russia in excess of $300,000 from a lawfirm's account in Charlotte, NC. Anyone banking with them should get their money out immediately!!!

Park Sterling Bank

Park Sterling appears to be strong and moving in a positive direction.  Great to see a Cash Mgmt. department.


Data for Q1 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 March 31, 2014 Park Sterling Bank had $14.46 million in non-current loans and owned real-estate with $267.28 million in equity and loan loss allowances on hand to cover it. This gives Park Sterling Bank a Texas Ratio of 5.41% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Park Sterling Bank decreased dramatically from 8.27% as of March 31, 2013 to 5.41% as of March 31, 2014, resulting in a positive change of 34.60%.This indicates that the balance sheet and financial strength for Park Sterling Bank has improved dramatically in recent periods.

Deposit Growth


In the past year, Park Sterling Bank has increased its total deposits by $50.92 million, resulting in 3.18% 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 Park Sterling Bank has shown is excellent.



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. Park Sterling Bank has $2 billion in assets with $267.28 million in equity, resulting in a capitalization level of 13.37%, which is excellent.

Institution Statistics

FDIC Certificate #58408
Year Established2006
Primary RegulatorFDIC
Assets and Liabilities
Assets$2.00 billion
Loans$1.30 billion
Deposits$1.65 billion
Equity Capital$258.21 million
Loan Loss Allowance$9.08 million
Unbacked Noncurrent Loans$5.59 million
Real Estate Owned$8.87 million
Historic Data - March 2013
Assets$1.97 billion
Equity Capital$269.45 million
Loan Loss Allowance$10.75 million
Unbacked Noncurrent Loans$5.59 million
Real Estate Owned$13.60 million
Profit Margin - Quarterly
Net Interest Margin4.01%
Return on Assets0.71%
Return on Equity5.44%
Interest Income$18.98 million

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Park Sterling Bank has 44 locations. Click to view all Park Sterling Bank locations.