BNC Bancorp (NASDAQ:BNCN) is the holding company that owns the Bank of North Carolina. The bank has 39 branches throughout North Carolina and South Carolina that has been growing at a steady pace as the bank has been acquiring branches and whole banks. The bank has $3.23 billion in assets making it one of the larger community banks, but still smaller than regional banks. BNC is ranked 8th in North Carolina market share and 34th in South Carolina. The main customer focus is on banking relationships with professionals as well as small and medium sized businesses.
Community banks generally have higher quality of service than their regional or national competitors, but there...