Keysource Commercial Bank
Durham, NC — Non-member Bank
Acquired Sep 2012
Vitals
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Total Assets182.9M -15.7 %
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Total Deposits152.9M -13.8 %
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Total Net Loans138.4M -14.2 %
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Net Income-664000.0000 -473.0 %
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Book Value21.9M 0.8 %
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Book Value x243.9M 0.8 %
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Book Value x365.8M 0.8 %
Balance Sheet Highlights
| Financial Highlights | Keysource Commercial Bank | All Insured Commercial Banks in North Carolina |
| Balance Sheet $(000) | ||
| Total Assets | 182,866 | 626,383 |
| Total Net Loans | 138,380 | 397,941 |
| Total Deposits | 152,859 | 529,351 |
| Total Equity | 21,946 | 63,402 |
| Profitability | ||
| Net Income | -664 | 1,523 |
| Return on Average Assets | -.675 | .37 |
| Return on Average Equity | -5.931 | 2.424 |
| Net Interest Margin | 3.242 | 3.648 |
| Efficiency Ratio | 78.143 | 79.66 |
| Noninterest Income/Revenue | 16.806 | 16.532 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 90.528 | 77.167 |
| Securities/Assets | .087 | .18 |
| Total Equity/Total Assets | .12 | .101 |
| Tangible Equity/Tangible Assets | .12 | .095 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 21,708 | 57,388 |
| Tier 2 Capital | 5,466 | 6,234 |
| Total Capital | 27,174 | 63,602 |
| Total Risk Weighted Assets | 151,731 | 427,357 |
| Leverage Ratio | 11.11 | 9.469 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 14.31 | 13.377 |
| Total Capital Ratio | 17.91 | 14.833 |
Timeline for Keysource Commercial Bank
Bank Of North Carolina
Keysource Commercial Bank was acquired by Bank Of North Carolina 11 years
View Profile Sep 15 2012
Keysource Financial, Inc.
Keysource Financial, Inc. became a new parent organization for Keysource Commercial Bank.
View Profile Jan 01 2010
Keysource Commercial Bank
Keysource Commercial Bank was established 17 years ago and is currently headquartered in Durham, NC.
Mar 19 2007| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Bank Of North Carolina | Buyer | 6,799,366 | Acquisition | Discontinued | 9/15/2012 |
| Relationships | Role | Relationship Start | Relationship End |
| Keysource Financial, Inc. | Parent | 1/1/2010 | 9/14/2012 |
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