blueharbor bank Named Among The Top 100 Best-Performing Community Banks In The United States
blueharbor bank of Mooresville was named among the top 100 best-performing community banks in the U.S. by S&P Global Market Intelligence.
blueharbor ranked 28th of banks with less than $3 billion in assets. A total of 3,465 banks and thrifts qualified for consideration by a survey based on eight measures, including profitability, operating efficiency, revenue and deposit growth, asset quality, loan performance and capital strength.
Founded in 2008 amid the recession, blueharbor operated from a modular building for a decade before opening its headquarters in 2018. Kelly Earnhardt Miller, daughter of the famous NASCAR driver Dale Earnhardt, is a key stockholder and board chair. CEO Jim Marshall is this year’s chair of the N.C. Bankers Association.
With branches in Mooresville, Mount Airy and Statesville, plus loan offices in Belmont and Hickory, blueharbor reported a $10.98 million profit last year with assets of about $607 million. Its shares have more than doubled over the past five years.
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