Dogwood State Bank

Raleigh, NC
IDRSSD: 3047659
Total Assets
$2.37B
Latest filing
Total Deposits
$1.96B
Latest filing
Net Interest Margin
4.32%
Profitability

Routing numbers

Primary routing transit numbers associated with this institution.

053112466RALEIGH, NC

Key People

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Locations

Main office and branches. Select to view on the map.

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Main Office
Dogwood State Bank
5401 Six Forks Rd
Raleigh, NC 27609
Full Service - Brick and Mortar
Updated 01/30/2026Established 09/04/2001FDIC Certificate 357477

Branches (19)

Page 1 of 3
NameAddressCity / State
Dogwood State Bank (Main)5401 Six Forks RdRaleigh, NC
SENECA BRANCH1600 Sandifer BlvdSeneca, SC
ANDERSON BRANCH4002 Clemson BlvdAnderson, SC
WILLIAMSTON BRANCH208 E Main StWilliamston, SC
MESSENGER SERVICE5039 Executive DrMorehead City, NC
SECURITY FEDERAL BANK BRANCH632 Elk AveElizabethton, TN
MESSENGER SERVICE3685 Blue Ridge BlvdWalhalla, SC
NORTH SENECA BRANCH449 Highway 123Seneca, SC
Showing 7 of 19

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date09/04/2001
Community BankNo
Ownership TypeNot Mutual
ZIP27609
State and County Number37183
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number05
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictAtlanta
Core Based Statistical Area NameRaleigh-Cary, NC

Operational Info

Number of Employees242
Domestic Offices20
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/01/2024
Date of Deposit Insurance09/04/2001
Primary Insurance AgencyDIF
Websitewww.dogwoodstatebank.com
Data Updated01/30/2026
CERT57095
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$2.37B
Total Deposits$1.96B
Total Liabilities$2.11B
Total Equity Capital$255.54M
Net Income$19.00k
Net Loans and Leases$1.97B
Assets Per Employee ($Millions)$9.63M
Bank Premises and Fixed Assets$36.05M
Cash and Balances due from Depository Institutions$60.44M
Deposits Held in Domestic Offices$1.96B

Key Performance Ratios

Return on Assets (ROA)0%
Return on Equity (ROE)0.03%
Net Interest Margin4.32%
Efficiency Ratio85.73%
Tier 1 Risk-Based Capital Ratio11.113%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.69%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets10.788%
Earning Assets to total Assets93.3%

Income and Expense

Total Interest Income$35.65M
Total Noninterest Income$2.40M
Total Interest Expense$11.79M
Total Noninterest Expense$23.04M
Net Interest Income$23.85M
Pre-tax Net Operating Income$-885,000
Provision for Credit Losses$4.09M
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$104.00k
Other borrowed funds$136.32M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$16.18M
Total Liabilities and Capital$2.37B

Securities

Securities$188.18M
Available-for-sale debt securities$120.61M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$67.46M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Dogwood State Bank?
$2.37B as of the latest filing.
How much are Dogwood State Bank's total deposits?
$1.96B in total deposits.
Where is Dogwood State Bank located?
Raleigh, NC.
What is the Net Interest Margin?
4.32%.
How many domestic offices does it operate?
20.
When was it established?
09/04/2001.
What is the Return on Assets (ROA)?
Not available.
How much are total loans and leases?
$1.97B (latest filing).
What is the total interest income (latest filing)?
$35.65M.