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 17th largest bank in the state of North Carolina. It is also the 1,476th largest bank in the nation. It was established in 2000 and as of June of 2023, it had grown to 76 employees at 5 locations. BANK OF OAK RIDGE has a B+ health rating.

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Health
B+

Health Grade Components

Overall
FDIC Certificate #35365
Year Established2000
Employees76
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.07%
Return on Equity - YTD10%
Annual Interest Income$14.4MM
Assets and Liabilities
AssetsQ2 2023vs Q2 2022$608.9MM$607.7MM
LoansQ2 2023vs Q2 2022$438.6MM$428.9MM
DepositsQ2 2023vs Q2 2022$481.7MM$540.4MM
Equity CapitalQ2 2023vs Q2 2022$64.4MM$60.4MM
Loan Loss AllowanceQ2 2023vs Q2 2022$4.7MM$4.8MM
Unbacked Noncurrent LoansQ2 2023vs Q2 2022$297.00K$884.00K
Real Estate OwnedQ2 2023vs Q2 2022$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 RdOak Ridge, NC 27310
Lake Jeanette Branch400 Pisgah Church RoadGreensboro, NC 27455
Summerfield Branch4423 Highway 220 NorthSummerfield, NC 27358
Eastchester Drive - High Point Offic2513 Eastchester DrHigh Point, NC 27265

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