NewBridge Bancorp is a bank holding company located in Greensboro, North Carolina. NewBridge operates banks in North Carolina and Virginia. In late November NewBridge announced that it would participate in the Treasury Department’s Capital Purchase Program, and would receive $52 million under the program. According to its corporate profile, NewBridge Bank is among North Carolina’s 10 largest banks.
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Bailout Bank Bio: NewBridge Bancorp
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Federal Equity Investment |
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Total Revenue |
$112.6 million (2007) |
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Net Income |
-$5.7 million (2007) |
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Number of Employees |
594 |
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Corporate Headquarters |
Greensboro, North Carolina |
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Business Sector |
Financial, Banking |
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Officers and Directors |
Pressley Ridgill, President and CEO |
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Corporate Website |
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Executive Compensation |
6-30-2008 NewBridge Bancorp 10-Q
3-31-2008 NewBridge Bancorp 10-Q
2007 NewBridge Bancorp Annual Report 10-K
No federal contracts located.
No political contributions located.
November 26, 2008 NewBridge OK'd for $52M in fed funds (The Business Journal)
November 11, 2008 NewBridge reports Q3 loss (The Business Journal)
September 18, 2008 NewBridge Bancorp has no Investments in Freddie Mac or Fannie Mae Stock (press release)
Last Updated January 13, 2009
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