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 1,491st largest bank in the nation. It was established in 2000 and as of June of 2020, it had grown to 64 employees at 4 locations. BANK OF OAK RIDGE has an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #35365
Year Established2000
Employees64
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.66%
Return on Equity - YTD6.46%
Annual Interest Income$10.9MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$544.1MM$465.0MM
LoansQ2 2020vs Q2 2019$447.8MM$380.2MM
DepositsQ2 2020vs Q2 2019$473.5MM$394.1MM
Equity CapitalQ2 2020vs Q2 2019$52.6MM$48.5MM
Loan Loss AllowanceQ2 2020vs Q2 2019$4.5MM$3.1MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$6.00K$1.7MM
Real Estate OwnedQ2 2020vs Q2 2019$0$686.00K
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

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