BANK OF OAK RIDGE is headquartered in Oak Ridge and is the 18th largest bank in the state of North Carolina. It is also the 1,478th largest bank in the nation. It was established in 2000 and as of June of 2022, it had grown to 76 employees at 5 locations. BANK OF OAK RIDGE has an A+ health rating.
| Overall | |
|---|---|
| FDIC Certificate # | 35365 |
| Year Established | 2000 |
| Employees | 76 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.23% |
| Return on Equity - YTD | 12.21% |
| Annual Interest Income | $11.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $608.3MM$565.2MM |
| Loans | Q2 2022vs Q2 2021 | $427.6MM$442.8MM |
| Deposits | Q2 2022vs Q2 2021 | $540.4MM$500.2MM |
| Equity Capital | Q2 2022vs Q2 2021 | $60.4MM$57.8MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $4.8MM$4.5MM |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $884.00K$3.2MM |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |
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| BANK OF OAK RIDGE Locations | ||
|---|---|---|
| New Garden Branch | 1597 New Garden Road | Greensboro, NC 27410 |
| Bank Of Oak Ridge | 2211 Oak Ridge Rd | Oak Ridge, NC 27310 |
| Lake Jeanette Branch | 400 Pisgah Church Road | Greensboro, NC 27455 |
| Summerfield Branch | 4423 Highway 220 North | Summerfield, NC 27358 |
| Eastchester Drive - High Point Offic | 2513 Eastchester Dr | High Point, NC 27265 |