Dogwood State Bank
Raleigh, NC
IDRSSD: 3047659
Total Assets
$2.36B
Latest filing
Total Deposits
$1.96B
Latest filing
Net Interest Margin
4.15%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Dogwood State Bank
5401 Six Forks Rd
Raleigh, NC 27609
Full Service - Brick and Mortar
Updated 11/14/2025Established 09/04/2001FDIC Certificate 357477
Branches (19)
Page 1 of 3| Name | Address | City / State |
|---|---|---|
| Dogwood State Bank (Main) | 5401 Six Forks Rd | Raleigh, NC |
| SENECA BRANCH | 1600 Sandifer Blvd | Seneca, SC |
| ANDERSON BRANCH | 4002 Clemson Blvd | Anderson, SC |
| WILLIAMSTON BRANCH | 208 E Main St | Williamston, SC |
| MESSENGER SERVICE | 5039 Executive Dr | Morehead City, NC |
| SECURITY FEDERAL BANK BRANCH | 632 Elk Ave | Elizabethton, TN |
| MESSENGER SERVICE | 3685 Blue Ridge Blvd | Walhalla, SC |
| NORTH SENECA BRANCH | 449 Highway 123 | Seneca, 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
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 09/04/2001 |
| Community Bank | No |
| Ownership Type | Not Mutual |
| ZIP | 27609 |
| State and County Number | 37183 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 05 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Atlanta |
| Core Based Statistical Area Name | Raleigh-Cary, NC |
Operational Info
| Number of Employees | 246 |
| Domestic Offices | 20 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/01/2024 |
| Date of Deposit Insurance | 09/04/2001 |
| Primary Insurance Agency | DIF |
| Website | www.dogwoodstatebank.com |
| Data Updated | 11/14/2025 |
| CERT | 57095 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $2.36B |
| Total Deposits | $1.96B |
| Total Liabilities | $2.10B |
| Total Equity Capital | $254.48M |
| Net Income | $6.67M |
| Net Loans and Leases | $1.92B |
| Assets Per Employee ($Millions) | $9.75M |
| Bank Premises and Fixed Assets | $35.94M |
| Cash and Balances due from Depository Institutions | $102.92M |
| Deposits Held in Domestic Offices | $1.96B |
Key Performance Ratios
| Return on Assets (ROA) | 1.13% |
| Return on Equity (ROE) | 10.65% |
| Net Interest Margin | 4.15% |
| Efficiency Ratio | 60.79% |
| Tier 1 Risk-Based Capital Ratio | 11.311% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.23% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 10.787% |
| Earning Assets to total Assets | 93.64% |
Income and Expense
| Total Interest Income | $35.77M |
| Total Noninterest Income | $3.93M |
| Total Interest Expense | $12.81M |
| Total Noninterest Expense | $16.90M |
| Net Interest Income | $22.96M |
| Pre-tax Net Operating Income | $8.61M |
| Provision for Credit Losses | $1.38M |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $104.00k |
| Other borrowed funds | $111.56M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $21.84M |
| Total Liabilities and Capital | $2.36B |
Securities
| Securities | $197.99M |
| Available-for-sale debt securities | $129.55M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $68.33M |
| Subordinated Debt | $9.95M |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Dogwood State Bank?
$2.36B 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?
4.15%.
How many domestic offices does it operate?
20.
When was it established?
09/04/2001.
What is the Return on Assets (ROA)?
1.13%.
How much are total loans and leases?
$1.92B (latest filing).
What is the total interest income (latest filing)?
$35.77M.