This institution is no longer active

Operations ceased on April 4, 2014. CRA examination history below reflects the period it was active.

FOREST COMMERCIAL BANK

ASHEVILLE, NC · Supervised by FDIC

Est. 2008FDIC #58,693RSSD: FDIC-58693

Satisfactory

Current rating · Exam: August 2010

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At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Needs Attention

ROA -0.42%

Institution Profile

FDIC BankFind

Address

1127 Hendersonville Road, ASHEVILLE, NC

County

Buncombe County

Established

March 5, 2008

Total Assets

$157M(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

August 2, 2010

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 Q1 2014Call Report / FDIC

Total Assets

$157M

Total Deposits

$130M

Net Loans

$122M

Net Income

$-174K

ROA

-0.42%

ROE

-3.65%

Risk-Based Capital

14.66%

Regulatory minimum: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

This is the only examination on record for this bank.

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