Sterlingsouth Bank & Trust Company Financial Statements & Health Reports

Acquired Jul 2006

Vitals

ROAA

.832

ROAE

Efficiency Ratio

Net Interest Margin

Balance Sheet Highlights

Financial Highlights	Sterlingsouth Bank & Trust Company	All Insured Commercial Banks in North Carolina
Balance Sheet $(000)
Total Assets	168,931	993,353
Total Net Loans	136,080	672,148
Total Deposits	138,751	739,420
Total Equity	13,997	115,517
Profitability
Net Income	668	181,948
Return on Average Assets	.832	1.046
Return on Average Equity	9.965	10.762
Net Interest Margin	4.003	4.353
Efficiency Ratio	66.048	74.294
Noninterest Income/Revenue	2.625	40.689
Balance Sheet Ratios
Loan-to-Deposit	98.075	91.617
Securities/Assets	.109	5.536
Total Equity/Total Assets	.083	.116
Tangible Equity/Tangible Assets	.083	-2.405
Capital Adequacy
Tier 1 Common Capital	—	—
Tier 1 Capital	14,483	88,002
Tier 2 Capital	1,818	11,525
Total Capital	16,301	99,506
Total Risk Weighted Assets	147,439	756,923
Leverage Ratio	8.81	12.107
Common Equity Tier 1 Capital Ratio	—	—
Tier 1 Capital Ratio	9.82	14.364
Total Capital Ratio	11.06	15.702

Sterlingsouth Bank & Trust Company was acquired by Bank Of North Carolina 17 years

View Profile Jul 21 2006

Sterlingsouth Bank & Trust Company was established 23 years ago and is currently headquartered in Greensboro, NC.

Oct 16 2000

Acquisitions & Mergers	Role	Assets	Acct Method	Type	Transaction Date
Bank Of North Carolina	Buyer	6,799,366	Acquisition	Discontinued	7/21/2006

Relationships	Role	Relationship Start	Relationship End

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