Last $10.90 USD
Change Today 0.00 / 0.00%
Volume 0.0
CRLN On Other Exchanges
Symbol
Exchange
OTC US
As of 8:10 PM 03/3/15 All times are local (Market data is delayed by at least 15 minutes).

carolina alliance bank (CRLN) Snapshot

Open
$10.80
Previous Close
$10.90
Day High
$10.90
Day Low
$10.80
52 Week High
11/20/14 - $11.50
52 Week Low
07/28/14 - $7.30
Market Cap
30.0M
Average Volume 10 Days
2.4K
EPS TTM
--
Shares Outstanding
2.8M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for CAROLINA ALLIANCE BANK (CRLN)

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carolina alliance bank (CRLN) Details

Carolina Alliance Bank provides personal and business banking products and services. The company offers checking and savings accounts, money market accounts, certificates of deposit, CDARS, and individual retirement accounts; and business merchant services and online banking services. It also provides personal loans, such as mortgages, home equity lines of credit, home equity loans, auto loans, personal unsecured loans, CD secured loans, and overdraft protection; and business loans, including working capital lines of credit, equipment loans, acquisition loans, real estate term loans, real estate construction loans, land development loans, and commercial real estate loans. The company was founded in 2007 and is based in Spartanburg, South Carolina.

carolina alliance bank (CRLN) Top Compensated Officers

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Executives, Board Directors

carolina alliance bank (CRLN) Key Developments

Carolina Alliance Bank Reports Earnings Results for the Nine Months Ended September 30, 2014

Carolina Alliance Bank reported earnings results for the nine months ended September 30, 2014. Net income available to common shareholders of $5.6 million, or $1.43 per diluted common share, was reported for the nine months ended September 30, 2014, compared to net income available to common shareholders of $0.7 million, or $0.26 per diluted common share, for the nine months ended September 30, 2013. This $4.9 million increase in earnings was largely attributable to the impact of merger-related accounting, particularly the non-operating net bargain purchase gain of $4.3 million related to mark-to-market adjustments to the Forest Commercial Bank balance sheet as of the merger date of April 5, 2014. Partially offsetting this gain were expenses of approximately $0.6 million, which include merger costs and start-up costs associated with the bank's recently opened branches in Seneca and Anderson, South Carolina. Book value per common share was $10.22 as of September 30, 2014.

Carolina Alliance Bank Reports Earnings Results for the Six Months Ended June 30, 2014

Carolina Alliance Bank reported earnings results for the six months ended June 30, 2014. The company reported net income available to common shareholders of $4.8 million, or $1.33 per diluted common share, was reported for the six months ended June 30, 2014, compared to net income available to common shareholders of $0.6 million, or $0.20 per diluted common share for the six months ended June 30, 2013.

Carolina Alliance Opens New Anderson Office; Announces Executive Appointments

Carolina Alliance Bank announced the expansion into Anderson. The bank recently opened an office at 115 Broadbent Way, Unit 8 in Anderson. The company veteran banker Jack Buice, who is an Executive Vice President, Commercial Banking Officer at Carolina Alliance, is the Local Executive. Buice has more than three decades of banking experience in the Anderson market. Joining Buice are two experienced Anderson bankers ­ Pruitt Martin and Jan Hinchman. Martin joins Carolina Alliance as a Senior Vice President, Commercial Banking Officer and has more than 35 years of experience in the Anderson area. Hinchman is Branch Supervisor and has more than 25 years of experience in the Anderson market.

 

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