BANK OF OAK RIDGE

BANK OF OAK RIDGE


Overview / Commentary
336-662-4900
2211 Oak Ridge Road
Oak Ridge, NC 27310

BANK OF OAK RIDGE is headquartered in Oak Ridge and is the 20th largest bank in the state of North Carolina. It is also the 1,533rd largest bank in the nation. It was established in 2000 and as of March of 2021, it had grown to 71 employees at 4 locations. BANK OF OAK RIDGE has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #35365
Year Established2000
Employees71
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.64%
Return on Equity - YTD16.45%
Annual Interest Income$6.3MM
Assets and Liabilities
AssetsQ1 2021vs Q1 2020$572.7MM$488.7MM
LoansQ1 2021vs Q1 2020$457.7MM$399.2MM
DepositsQ1 2021vs Q1 2020$503.5MM$413.8MM
Equity CapitalQ1 2021vs Q1 2020$56.1MM$50.8MM
Loan Loss AllowanceQ1 2021vs Q1 2020$5.3MM$4.0MM
Unbacked Noncurrent LoansQ1 2021vs Q1 2020$3.6MM$3.8MM
Real Estate OwnedQ1 2021vs Q1 2020$0$0
Rates

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Locations


BANK OF OAK RIDGE Locations
New Garden Branch1597 New Garden RoadGreensboro, NC 27410
Bank Of Oak Ridge2211 Oak Ridge RoadOak Ridge, NC 27310
Lake Jeanette Branch400 Pisgah Church RoadGreensboro, NC 27455
Summerfield Branch4423 Highway 220 NorthSummerfield, NC 27358
Eastchester Drive - High Point Offic2513 Eastchester DriveHigh Point, NC 27265

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