| Business Summary | | Crescent
Financial
Corp.,
a
bank
holding
company
for
Crescent
State
Bank,
is
engaged
in
general
commercial
and
retail
banking
in
Wake
County,
North
Carolina.
The
Bank
offers
products
and
services
in
the
following
categories:
Personal
Checking,
Savings,
Business
Checking,
and
Lending. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CRFN,
a
bank
holding
co.,
is
engaged
in
general
commercial
and
retail
banking
in
Wake
County,
North
Carolina.
For
the
three
months
ended
3/31/01,
interest
income
totalled
$1.6
million,
up
from
$712
thousand.
Net
interest
income
after
loan
loss
provision
rose
90%
to
$675
thousand.
Net
loss
decreased
54%
to
$39
thousand.
Net
interest
income
reflects
higher
earning
assets,
partially
offset
by
a
higher
cost
of
funds.
Lower
losses
were
partially
offset
by
increased
salaries
and
benefits. | More
from
Market Guide: Significant
Developments |
| Officers | | Michael
G. Carlton,
Pres./CEO Thomas
E. Holder
Jr.,
Sr. VP Bruce
W. Elder,
Sr. VP/Contr. Larry
G. Holt,
VP Deborah
L. McLamb,
VP. | More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|