Fact Sheets

Bailout Bank Bio: TriStone Community Bank

TCS RSS Feed RSS
August 04, 2009
Programs: Budget & Tax

TriStone Community Bank offers general commercial and retail banking services in Winston-Salem area of North Carolina. The bank was incorporated in 2004. In December 2008, TriStone Community announced its agreement with the Treasury Department to exchange bank preferred stock for $3.49 million in capital through the Capital Purchase Program.


Federal Equity Investment $3.5 million
Total Revenue

$3.6 million (2008)

Net Income

($100,000) (2008)

Number of Employees 32
Corporate Headquarters Winston-Salem, NC
Business Sector Banking
Officers and Director

 Simpson O. Brown Jr., CEO, President

Rest of List

Corporate Website www.tristonebank.com
Executive Compensation unknown

  

►Financial Documents

2008-12-17 TriStone Community Bank TARP Announcement

2008-09-30 TriStone Community Bank 10Q

2007 TriStone Community Bank Annual Report
 

 

Federal contracts

No federal contracts located.
 

 

 

Lobbying reports

No lobbying reports located.
 

 

 

Political Contributions

No political contributions located. 
 

 

Related Articles

No related articles located.

 

 
 
Last updated 8/5/09

 

Filed under:

Discussion
Weekly Wastebasket

Our weekly reality-check for federal spending. View All

February 15, 2013

Engineering Boondoggles

While Washington is wringing its hands about the automatic across-the-board budget cuts known as... Read More