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Oak Ridge Financial Services, Inc. (BKOR)On Dec 29: 4.50   0.00 (0.00%)  
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Oak Ridge Financial Services, Inc.
2211 Oak Ridge Road
Highway 150
Oak Ridge, NC 27310
United States - Map
Phone: 336-644-9944
Web Site: http://www.bankofoakridge.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Regional - Mid-Atlantic Banks
Full Time Employees:73

BUSINESS SUMMARY 
Oak Ridge Financial Services, Inc. operates as the bank holding company for the Bank of Oak Ridge that provides commercial banking services to individuals and small-to medium-sized businesses primarily in Oak Ridge, Summerfield, and Greensboro communities. The company offers various deposit products, including checking accounts, demand accounts, savings accounts, money market accounts, time deposits, and certificates of deposit. Its also provides various loan products comprising commercial mortgage loans; construction loans; commercial loans, including secured loans for working capital, expansion, and other business purposes; consumer loans, such as automobile loans, boat and recreational vehicle financing, home improvement loans, and other secured and unsecured personal loans; home equity lines of credit; and residential real estate loans, as well as credit cards. In addition, the company offers financial planning services; and sells investment products, including mutual funds, equities, and fixed and variable annuities, as well as provides courier services. As of June 30, 2009, it operated five branch offices in Oak Ridge, Summerfield, and Greensboro, North Carolina. The company was founded in 2000 and is headquartered in Oak Ridge, North Carolina.
Key Statistics

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    CORPORATE GOVERNANCE 
    Oak Ridge Financial Services, Inc.'s Corporate Governance Quotient (CGQ®) as of 1-Dec-09 is better than 66.9% of CGQ Universe companies and 52.5% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Ronald O. Black , 60
    Chief Exec. Officer, Pres, Director, Member of Stock Option Plan Committee, Chief Exec. Officer of Oak Ridge Bank, Pres of Oak Ridge Bank of Oak Ridge Bank
    $ 227.00KN/A
    Mr. Thomas W. Wayne , 46
    Chief Financial Officer, Sr. VP, Sec., Chief Financial Officer of Oak Ridge Bank and Sr. VP of Oak Ridge Bank
    $ 140.00KN/A
    Mr. L. William Vasaly III, 56
    Chief Credit Officer, Sr. VP, Chief Credit Officer of Oak Ridge Bank and Sr. VP of Oak Ridge Bank
    $ 152.00KN/A
    Dollar amounts are as of 31-Dec-08 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.
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