Pisgah Community Bank
Asheville, NC · Owner: Capitol Bcorp LTD
$21.9M
total assets, March 31, 2013
$21.9M
total assets, March 31, 2013
Pisgah Community Bank was a state nonmember bank in Asheville, NC, owned by Capitol Bcorp LTD. It failed on May 10, 2013, and Capital Bank, National Association took over its deposits. At its last report it held $21.9 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 2013
This bank failed
- Failed on
- May 10, 2013
- Assets
- $21.9M
- Deposits
- $21.2M
- Estimated cost
- $7.9M
- Deposits went to
- Capital Bank, National Association, Rockville, MD
Total assets
$21.9M
-19.4% in a year · -11.9% in a quarter
Deposits
$21.2M
-19.7% in a year · -12.2% in a quarter
Loans
$13.5M
-24.0% in a year · -6.6% in a quarter
Profit so far
-$1K
Jan 1 to Mar 31, 2013
Capital ratio
2.48%
+0.28 pts in a year
Return on assets
-0.02%
+8.19 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 890 Hendersonville Road, Asheville, NC, 28803
- County
- Buncombe
- Holding company
- Capitol Bcorp LTD
- Established
- May 15, 2008
- Failed
- May 10, 2013
- Employees
- 5
- Branches
- 1
- Id
- b58701
Quarter by quarter
June 30, 2008 to March 31, 2013
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 Pisgah Community Bank?
$21.9 million in total assets and $21.2 million in deposits as of March 31, 2013, with assets down 19.4% from a year before. Its loans were $13.5 million.
How many branches does Pisgah Community Bank have?
1 branch in North Carolina as of June 30, 2026.
Is Pisgah Community Bank profitable?
No: it lost $1,000 from January 1 to March 31, 2013. Its return on assets was -0.02% a year; about 1% is typical.
Who owns Pisgah Community Bank?
Pisgah Community Bank is owned by Capitol Bcorp LTD, its holding company.
When did Pisgah Community Bank fail?
May 10, 2013. Capital Bank, National Association of Rockville, MD took over its deposits. The estimated cost of the failure was $7.94 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.