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Oak Ridge Financial Services, Inc. (BKOR)

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Oak Ridge Financial Services, Inc.
2211 Oak Ridge Road
Post Office Box 2
Oak Ridge, NC 27310
United States - Map
Phone: 336-644-9944

Index Membership:N/A
Industry:Regional - Mid-Atlantic Banks
Full Time Employees:89

Business Summary 

Oak Ridge Financial Services, Inc. operates as a bank holding company for Bank of Oak Ridge that provides various banking products and services primarily to individuals, and small and medium size businesses in North Carolina. The company accepts various deposit products, such as non-interest bearing checking accounts, interest bearing checking and savings accounts, money market accounts, and certificates of deposit, as well as time deposits. It originates commercial loans, including secured and unsecured loans for working capital, expansion, and other business purposes; consumer loans, such as automobile loans, boat and recreational vehicle financing, home equity and home improvement loans, and miscellaneous secured and unsecured personal loans; construction and development loans consisting of one-to-four family residential construction loans for the construction of custom homes, as well as financing to builders and consumers for the construction of homes; commercial mortgage loans; and small business administration guaranteed loans. The company also offers financial planning services; sells investment products, such as mutual funds, equities, and fixed and variable annuities; and provides on-line and mobile banking services, as well as credit cards. It operates through a network of five branch offices in Oak Ridge, Summerfield, and Greensboro, North Carolina. The company was founded in 2000 and is based in Oak Ridge, North Carolina.

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Key Executives 
Mr. Ronald O. Black , 65
Chief Exec. Officer, Pres, Director, Member of Stock Option Plan Committee, Member of Proxy Committee, Chief Exec. Officer of Oak Ridge Bank, Pres of Oak Ridge Bank and Director of Oak Ridge Bank
Mr. Thomas W. Wayne , 51
Chief Financial Officer, Exec. VP, Sec., Chief Financial Officer of Oak Ridge Bank and Exec. VP of Bank
Mr. L. William Vasaly III, 61
Chief Credit Officer, Exec. VP, Chief Credit Officer of Oak Ridge Bank and Exec. VP of the Oak Ridge Bank
Amounts are as of Dec 31, 2012 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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