This institution is no longer active

Operations ceased on October 14, 2011. CRA examination history below reflects the period it was active.

BLUE RIDGE SAVINGS BANK, INC.

ASHEVILLE, NC · Supervised by FDIC

Est. 1978FDIC #32,347RSSD: FDIC-32347

Satisfactory

Current rating · Exam: May 2011

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At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Needs Attention

ROA -2.40%

Institution Profile

FDIC BankFind

Address

20 South Pack Square, ASHEVILLE, NC

County

Buncombe County

Established

March 1, 1978

Total Assets

$161M(latest call report)

Community Reinvestment Rating

CRA / FFIEC

Federal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.

Overall Rating

Satisfactory

Meets federal requirements for community lending

Exam Date

May 1, 2011

Exam Type

Small Bank

Regulator

FDIC

What is a CRA rating? →

⚠️This exam is 15 years old — CRA data may not reflect current lending practices. Regulators typically re-examine banks every 2–4 years.

Estimated next exam:Overdue(based on asset size)

Financial Snapshot

As of Q3 2011Call Report / FDIC

Total Assets

$161M

Total Deposits

$160M

Net Loans

$86M

Net Income

$-2,944K

ROA

-2.40%

ROE

-130.40%

Risk-Based Capital

2.31%

Regulatory minimum: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

This is the only examination on record for this bank.

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