Cabarrus Bank & Trust Company
Concord, NC — Domestic Branch of a Domestic Bank
Acquired Sep 2013
Vitals
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Total Assets126.3M 0.1 %
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Total Deposits113.9M 1.8 %
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Total Net Loans69.5M -8.1 %
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Net Income233000.0000 147.9 %
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Book Value11.7M -2.2 %
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Book Value x223.4M -2.2 %
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Book Value x335.1M -2.2 %
Balance Sheet Highlights
| Financial Highlights | Cabarrus Bank & Trust Company | All Insured Commercial Banks in North Carolina |
| Balance Sheet $(000) | ||
| Total Assets | 126,323 | 1,086,003 |
| Total Net Loans | 69,508 | 687,303 |
| Total Deposits | 113,926 | 925,383 |
| Total Equity | 11,706 | 105,476 |
| Profitability | ||
| Net Income | 233 | 3,993 |
| Return on Average Assets | .361 | .497 |
| Return on Average Equity | 3.879 | 4.088 |
| Net Interest Margin | 3.273 | 3.593 |
| Efficiency Ratio | 89.933 | 82.122 |
| Noninterest Income/Revenue | 24.79 | 20.793 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 61.012 | 77.419 |
| Securities/Assets | .289 | .202 |
| Total Equity/Total Assets | .093 | .097 |
| Tangible Equity/Tangible Assets | .069 | .091 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 11,968 | 99,969 |
| Tier 2 Capital | 1,013 | 10,309 |
| Total Capital | 12,981 | 110,258 |
| Total Risk Weighted Assets | 80,894 | 735,974 |
| Leverage Ratio | 9.42 | 9.545 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 14.79 | 13.454 |
| Total Capital Ratio | 16.05 | 14.859 |
Timeline for Cabarrus Bank & Trust Company
Uwharrie Bank
Cabarrus Bank & Trust Company was acquired by Uwharrie Bank 10 years
View Profile Sep 01 2013
Uwharrie Bank
Acquisition: Cabarrus Bank & Trust Company acquired a new subsidiary, Uwharrie Bank, 21 years
View Profile Apr 11 2003
Uwharrie Capital Corp
Uwharrie Capital Corp became a new parent organization for Cabarrus Bank & Trust Company.
View Profile Apr 11 2003
Cabarrus Bank & Trust Company
Cabarrus Bank & Trust Company was established 21 years ago and is currently headquartered in Concord, NC.
Apr 10 2003| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Uwharrie Bank | Buyer | 550,374 | Pooling of Interests | Discontinued | 9/1/2013 |
| Uwharrie Bank | Seller | 550,374 | Split | 4/11/2003 |
| Relationships | Role | Relationship Start | Relationship End |
| Uwharrie Capital Corp | Parent | 4/11/2003 | 8/31/2013 |
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