CommunityOne Bank
{{Infobox company
| name = CommunityOne Bancorp
| type = Public
| traded_as = {{NASDAQ was|COB}}
| industry = Banking
| fate = Acquired by Capital Bank Financial
| foundation = {{start date and age|1908|01|14}}
| defunct = {{end date and age|2016|10|26}}
| location = Charlotte, North Carolina
| key_people = {{nowrap| Robert L. Reid (CEO & president)
David L. Nielsen (CFO)}}
| assets = {{increase}} $2.397 billion (2015)
| equity = {{decrease}} $0.273 billion (2015)
| num_employees = 544 (2015)
| footnotes = {{cite web | url=https://www.sec.gov/Archives/edgar/data/764811/000076481116000093/cob-20151231x10k.htm | title=CommunityOne Bancorp 2015 Form 10-K Annual Report | publisher=U.S. Securities and Exchange Commission}}
}}
CommunityOne Bancorp was a bank headquartered in Charlotte, North Carolina. In 2016, it was acquired by Capital Bank Financial.
History
The First National Bank of Asheboro began operations January 14, 1908.
In 1976, the bank changed its name to First National Bank of Randolph County.
In 1985, FNB Corporation was formed as a bank holding company.{{cite web | url=https://www.ffiec.gov/nicpubweb/nicweb/InstitutionHistory.aspx?parID_RSSD=1133473&parDT_END=20161025 | title=Institution History for COMMUNITYONE BANCORP (1133473) | publisher=Federal Financial Institutions Examination Council}}
In 1990, the company changed its name to First National Bank and Trust Company.
In 2000, the company acquired Richmond Savings Bank of Richmond County, North Carolina. It was First National Bank's first foray outside of the Randolph County area.{{cite web | url=https://www.ffiec.gov/nicpubweb/nicweb/InstitutionHistory.aspx?parID_RSSD=796974&parDT_END=99991231 | title=Institution History for DOWNTON ROCKINGHAM BRANCH (796974) | publisher=Federal Financial Institutions Examination Council}}
In 2003, the company acquired Dover Mortgage Company.
In 2004, the company acquired Rowan Savings Bank of Rowan County, North Carolina.{{cite news | url=https://www.bizjournals.com/triangle/stories/2002/07/29/daily59.html | title=FNB Corp., Rowan Bancorp complete mergern | work=American City Business Journals | date=August 2, 2002}}{{cite web | url=https://www.ffiec.gov/nicpubweb/nicweb/InstitutionHistory.aspx?parID_RSSD=396879&parDT_END=99991231 | title=Institution History for CHINA GROVE BRANCH (396879) | publisher=Federal Financial Institutions Examination Council}}
In 2005, the company acquired Alamance Bank of Alamance County, North Carolina.{{cite press release | url=http://www.businesswire.com/news/home/20051104005517/en/FNB-Corp.-United-Financial-Complete-Merger | title=FNB Corp. and United Financial Complete Merger | publisher=Business Wire | date=November 4, 2005}}{{cite web | url=https://www.ffiec.gov/nicpubweb/nicweb/InstitutionHistory.aspx?parID_RSSD=2730356&parDT_END=99991231 | title=Institution History for SOUTH GRAHAM BRANCH (2730356) | publisher=Federal Financial Institutions Examination Council}}
In 2006, the company acquired First Gaston Bank of Gaston County, North Carolina.{{cite web | url=https://www.ffiec.gov/nicpubweb/nicweb/InstitutionHistory.aspx?parID_RSSD=2317645&parDT_END=99991231 | title=Institution History for GASTONIA BRANCH (2317645) | publisher=Federal Financial Institutions Examination Council}}
In 2006, the bank holding company changed its name to FNB United Corp.
In 2007, the bank changed its name to CommunityOne.{{cite press release | url=http://www.businesswire.com/news/home/20070518005548/en/National-Catawba-Valley-Gaston-Northwestern-Banks-New | title=First National, Catawba Valley, First Gaston and Northwestern Banks to Have a New Name, CommunityONE | publisher=Business Wire | date=May 18, 2007}}
On April 27, 2011, the company agreed to pay $400,000 in restitution to victims of a ponzi scheme by a depositor at the bank.{{cite press release | url=https://www.justice.gov/opa/pr/north-carolina-bank-agrees-pay-400000-restitution-victims-investment-fraud-scheme-it-failed | title=North Carolina Bank Agrees to Pay $400,000 in Restitution to Victims of Investment Fraud Scheme It Failed to Detect and Report | publisher=United States Department of Justice | date=April 27, 2011}}
In 2011, the bank acquired Bank of Granite. In conjunction with the transaction, the bank raised $310 million of capital, including $79 million from each of The Carlyle Group and Oak Hill Capital Partners.{{cite press release | url=https://globenewswire.com/news-release/2011/10/24/459261/235705/en/Photo-Release-FNB-United-Corp-Completes-Acquisition-of-Bank-of-Granite-Corporation.html | title=FNB United Corp. Completes Acquisition of Bank of Granite Corporation | publisher=GlobeNewswire | date=October 24, 2011}}
In 2013, the bank holding company changed its name to CommunityOne Bancorp.{{cite press release | url=https://globenewswire.com/news-release/2013/06/28/557168/10038064/en/FNB-United-Announces-Name-Change-and-New-Stock-Symbol.html | title=FNB United Announces Name Change and New Stock Symbol | publisher=GlobeNewswire | date=June 28, 2013}}
In 2016, the bank was acquired by Capital Bank Financial.{{cite news | url=https://www.bizjournals.com/charlotte/news/2016/10/26/capital-bank-closes-acquisition-of-communityone.html | title=Capital Bank closes acquisition of CommunityOne | first=Hilary | last=Burns | work=American City Business Journals | date=October 26, 2016}}