Crown National Bank
Charlotte, NC · Owner: Crown National Bcorp Inc
$26.3M
total assets, March 31, 1993
$26.3M
total assets, March 31, 1993
Crown National Bank was a national bank in Charlotte, NC, owned by Crown National Bcorp Inc. It failed on May 20, 1993, and Lincoln Bank Of NC took over its deposits. At its last report it held $26.3 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1993
This bank failed
- Failed on
- May 20, 1993
- Assets
- $26.3M
- Deposits
- $24.8M
- Estimated cost
- $1.7M
- Deposits went to
- Lincoln Bank Of NC, Lincolnton, NC
Total assets
$26.3M
+11.7% in a year · +4.9% in a quarter
Deposits
$24.8M
+16.8% in a year · +7.0% in a quarter
Loans
$15.4M
-11.4% in a year · +18.1% in a quarter
Profit so far
-$628K
Jan 1 to Mar 31, 1993
Capital ratio
5.11%
-2.79 pts in a year
Return on assets
-9.77%
-5.26 pts in a year
Facts
- Type
- National bank
- Head office
- 4500 Cameron Valley Parkway, Charlotte, NC, 28211
- County
- Mecklenburg
- Holding company
- Crown National Bcorp Inc
- Established
- Dec 14, 1989
- Failed
- May 7, 1993
- Employees
- 17
- Id
- b32731
Quarter by quarter
December 31, 1989 to March 31, 1993
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Crown National Bank?
$26.3 million in total assets and $24.8 million in deposits as of March 31, 1993, with assets up 11.7% from a year before. Its loans were $15.4 million.
Is Crown National Bank profitable?
No: it lost $628,000 from January 1 to March 31, 1993. Its return on assets was -9.77% a year; about 1% is typical.
Who owns Crown National Bank?
Crown National Bank is owned by Crown National Bcorp Inc, its holding company.
When did Crown National Bank fail?
May 20, 1993. Lincoln Bank Of NC of Lincolnton, NC took over its deposits. The estimated cost of the failure was $1.66 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.