Blue Ridge Savings Bank, Inc.
Asheville, NC — State Savings Bank
Acquired Oct 2011
Vitals
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Total Assets161.4M -11.7 %
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Total Deposits159.6M -7.9 %
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Total Net Loans85.7M -25.7 %
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Net Income-2944000.0000 7.7 %
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Book Value1.4M -84.3 %
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Book Value x22.9M -84.3 %
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Book Value x34.3M -84.3 %
Balance Sheet Highlights
| Financial Highlights | Blue Ridge Savings Bank, Inc. | All Insured Savings Banks in North Carolina |
| Balance Sheet $(000) | ||
| Total Assets | 161,430 | 242,963 |
| Total Net Loans | 85,748 | 152,658 |
| Total Deposits | 159,628 | 200,205 |
| Total Equity | 1,433 | 20,713 |
| Profitability | ||
| Net Income | -2,944 | -1,130 |
| Return on Average Assets | -2.405 | -.099 |
| Return on Average Equity | -130.396 | -9.726 |
| Net Interest Margin | 3.58 | 3.248 |
| Efficiency Ratio | 187.985 | 86.282 |
| Noninterest Income/Revenue | -16.704 | 5.853 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 53.717 | 77.762 |
| Securities/Assets | .018 | .201 |
| Total Equity/Total Assets | .009 | .085 |
| Tangible Equity/Tangible Assets | .009 | .083 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 1,433 | 20,238 |
| Tier 2 Capital | 1,433 | 1,852 |
| Total Capital | 2,866 | 22,090 |
| Total Risk Weighted Assets | 124,106 | 152,667 |
| Leverage Ratio | .88 | 10.837 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 1.15 | 19.853 |
| Total Capital Ratio | 2.31 | 20.799 |
Timeline for Blue Ridge Savings Bank, Inc.
Bank Of North Carolina
Blue Ridge Savings Bank, Inc. was acquired by Bank Of North Carolina 12 years
View Profile Oct 15 2011
Blue Ridge Savings Bank, Inc.
Blue Ridge Savings Bank, Inc. was established 46 years ago and is currently headquartered in Asheville, NC.
Mar 01 1978| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Bank Of North Carolina | Buyer | 6,799,366 | Failure | 10/15/2011 |
| Relationships | Role | Relationship Start | Relationship End |
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