High-Point-based BNC Bancorp.
Position | Triad |
High-Point-based BNC Bancorp has agreed to buy four banks since March 31, 2010, greatly expanding its market by acquiring smaller regional banks.
* BNC Bancorp pre-existing and organic-growth markets
* Beach First National Bank
Headquarters: Myrtle Beach, S.C Acquired: April 9, 2010 Assets: $585 million
* Blue Ridge Savings Bank
Headquarters: Asheville Acquired: Oct. 14, 2011 Assets: $161 million
* KeySource Commercial Bank
Headquarters: Durham Announced: Dec. 21, 2011 Assets: $206 million
* Regent Bank
Headquarters: Davie, Fla. Acquired: Jan. 4, 2012 Assets: $50 million
62.5%
Increase in BNC Bancorp's assets since March 31, 2010, from $1.6 billion to $2.6 billion
[ILLUSTRATION OMITTED]
-1.1%
Winston-Salem-based BB&T Corp.'s stock return in 2011, fifth on American Banker magazine's list of the nation's best performing bank stocks last year...
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