NewBridge Bancorp

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NewBridge Bancorp

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(NASDAQ:NBBC)
Contact Information
NewBridge Bancorp
1501 Highwoods Blvd., Ste. 400
Greensboro, NC 27410
NC Tel. 336-369-0900
Toll Free 800-991-4243
Fax 336-242-6208

Type: Public
On the web: http://www.newbridgebank.com
Employees: 442
Employee growth: (11.1%)

Even though North Carolinians love their sweet potatoes (the state is the veggie's top US producer), NewBridge Bancorp shows a marked preference for "lettuce." The holding company owns NewBridge Bank, which operates about 30 branches plus a handful of loan production offices located primarily in the states Piedmont Triad Region. The bank offers personal and business banking products and services, including checking and savings accounts and loans. It also offers wealth management services including investment and asset management and estate planning. NewBridge Bancorp, which was previously also active in Virginia, sold the last of its branches there in 2011.

Key numbers for fiscal year ending December, 2011:
Sales: $92.6M
One year growth: (15.4%)
Net income: $4.7M
Income growth: 38.4%

Officers:
Chairman, NewBridge Bancorp and NewBridge Bank: Michael S. Albert
President, CEO, and Director, NewBridge Bancorp and NewBridge Bank: Pressley A. Ridgill
EVP and CFO: Ramsey K. Hamadi

Competitors:
Bank of America
BB&T
Southern Community Financial

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