Website: N/A
Stock Symbol: NASDAQ: BKOR
Market Value: N/A (in millions)
Oak Ridge Financial Services, Inc. (referred to as the “Company” or by the use
of “we,” “our” or “us”) was incorporated under the laws of the State of North
Carolina on April 20, 2007, at the direction of the Board of Directors of Bank
of Oak Ridge (the “Bank”), for the purpose of serving as the bank holding
company for the Bank and became the holding company for the Bank on April 20,
2007. To become the Bank’s holding company, Registrant received approval of the
Federal Reserve Board as well as the Bank’s shareholders. Upon receiving such
approval, each share of $5.00 par value common stock of the Bank was exchanged
on a one-for-one basis for the no par value common stock of the Registrant.
The Bank was incorporated on April 6, 2000 as a North Carolina-chartered
commercial bank and opened for business on April 10, 2000. Including its main
office, the Bank operates five (5) full service branch offices in Oak Ridge,
Summerfield, and Greensboro, North Carolina.