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Lorain National Bank is the major subsidiary of LNB Bancorp, Inc., a $1.2 billion bank holding company. The Lorain National Bank is a full-service commercial bank, specializing in commercial, personal banking services, residential mortgage lending and wealth management and trust services. The Lorain National Bank and Morgan Bank serve customers through 20 retail-banking locations and 28 ATMs in Lorain, eastern Erie, western Cuyahoga and Summit counties. North Coast Community Development Corporation is a wholly owned subsidiary of The Lorain National Bank. For more information about LNB Bancorp, Inc., and its related products and services or to view its filings with the Securities and Exchange Commission
The Company had $6.32 billion in consolidated assets as of December 31, 2018 and is the parent company of the Bank. The Bank was founded in 1864, is headquartered in Brooklyn, New York, and currently has twenty-nine branches located throughout Brooklyn, Queens, the Bronx, and Nassau County and Suffolk Counties, New York.
Pine Bluff National Bank is a Pine Bluff, AR-based company in the Financial Services sector.
Atlas Mortgage Group is a Vienna, WV-based company in the Financial Services sector.
The Bank of Four Oaks was chartered in June of 1912, in Four Oaks, North Carolina, with a capital investment of $10,000. B. I. Tart was the Bank’s first Cashier (executive officer) until 1927. Bert Lassiter became Cashier in 1927 and served in that role until 1970. The Bank weathered the Depression of the early 1930’s and was the 134th bank in the state allowed to open after the “Bank Holiday” in 1933. Edward Bert Lassiter became Cashier in 1970 and served until 1980. Presently, Ayden R. Lee, Jr., who joined the Bank of Four Oaks in 1980, serves as Chairman, President and Chief Executive Officer. As the Bank began to open branch offices outside of Four Oaks, and with further plans for expansion, in 1989 the Bank of Four Oaks became Four Oaks Bank and Trust. In 1997, Four Oaks Fincorp, Inc., the holding company for Four Oaks Bank, was formed. The Bank’s Financial Services was created in 1999, and in 2002, Four Oaks Mortgage was formed. Today, Four Oaks Bank operates fourteen offices located in Benson, Clayton, Dunn, Four Oaks, Fuquay-Varina, Garner, Harrells, Holly Springs, Smithfield, Wallace and Zebulon.