How it started
History
The bank opened in Thomasville, North Carolina on December 3, 1991 (as Bank of North Carolina) in a temporary location in a trailer, moving to its permanent home in Fall 1992.
On December 29, 2001, the Bank of North Carolina and Kernersville-based Independence Bank announced their merger. Bank of North Carolina had $211 million in assets and $171 million in deposits, and Independence Bank had assets of $59 million and deposits of $52 million.
On August 1, 2003, BNC Bancorp began trading on NASDAQ. At the time it had added branches in Archdale, Lexington and Oak Ridge.
After fifteen years of operation, BNC had expanded to 14 branches and $1 billion in assets, doubling its size in 30 months. It was the ninth community bank in the Piedmont Triad to reach that milestone. A 15,000-square foot administrative office was planned in High Point. Only one of the Harrisburg branches had opened. The move to High Point happened in 2007.
In May 2011, the U.S. Patent and Trademark Office approved a trademark for BNC Bank, after having used a BNC mark since 1995.
From Wikipedia’s article on BNC Bank, shared under CC BY-SA 4.0.2