Vitals
  • Total Assets
    2.1B 6.4 %
  • Total Deposits
    1.7B 1.5 %
  • Total Net Loans
    1.4B 2.5 %
  • Net Income
    6.9M 122.1 %
  • Book Value
    279.5M 19.0 %
  • Book Value x2
    559.0M 19.0 %
  • Book Value x3
    838.4M 19.0 %
ROAA

.652

ROAE

5.006

Efficiency Ratio

73.21

Net Interest Margin

4.282

Balance Sheet Highlights
Financial Highlights Vantagesouth Bank All Insured Commercial Banks in North Carolina
Balance Sheet $(000)
Total Assets 2,137,905 1,309,905
Total Net Loans 1,371,775 838,515
Total Deposits 1,680,306 1,107,653
Total Equity 279,481 133,703
Profitability
Net Income 6,892 4,197
Return on Average Assets .652 .64
Return on Average Equity 5.006 5.971
Net Interest Margin 4.282 3.705
Efficiency Ratio 73.21 77.432
Noninterest Income/Revenue 17.888 20.283
Balance Sheet Ratios
Loan-to-Deposit 81.638 80.244
Securities/Assets .186 .206
Total Equity/Total Assets .131 .102
Tangible Equity/Tangible Assets .115 .095
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 212,090 122,251
Tier 2 Capital 14,875 11,054
Total Capital 226,965 133,266
Total Risk Weighted Assets 1,729,832 914,851
Leverage Ratio 10.31 9.651
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 12.26 13.133
Total Capital Ratio 13.12 14.387

Timeline for Vantagesouth Bank

Yadkin Bank

Vantagesouth Bank was acquired by Yadkin Bank 9 years

View Profile Jul 04 2014

The East Carolina Bank

Acquisition: Vantagesouth Bank acquired a new subsidiary, The East Carolina Bank, 11 years

View Profile Apr 01 2013

Vantagesouth Bank

Acquisition: Vantagesouth Bank acquired a new subsidiary, Vantagesouth Bank, 11 years

View Profile Dec 01 2012

High House Road Trustee, Llc

High House Road Trustee, Llc became a new subsidiary organization for Vantagesouth Bank.

View Profile Feb 13 2012

Port City Capital Bank

Acquisition: Vantagesouth Bank acquired a new subsidiary, Port City Capital Bank, 16 years

View Profile Jun 16 2007

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Complete timeline for Vantagesouth Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Yadkin Bank Buyer 7,348,163 Acquisition Discontinued 7/4/2014
The East Carolina Bank Seller 865,991 Acquisition Discontinued 4/1/2013
Vantagesouth Bank Seller 260,671 Pooling of Interests Discontinued 12/1/2012
Port City Capital Bank Seller 210,763 Pooling of Interests Discontinued 6/16/2007
Centennial Bank Seller 64,005 Acquisition Discontinued 8/30/2003
Relationships Role Relationship Start Relationship End
Vantagesouth Bancshares Inc. Parent 6/30/2001 7/3/2014
High House Road Trustee, Llc Subsidary 2/13/2012 7/3/2014
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