HIGH POINT BANK & TRUST has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan HIGH POINT BANK AND TRUST COMPANY EMPLOYEE SAVINGS AND RETIREMENT PLAN
| Measure | Date | Value |
|---|
| 2015 : HIGH POINT BANK AND TRUST COMPANY EMPLOYEE SAVINGS AND RETIREMENT PLAN 2015 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2015-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
| Total income from all sources (including contributions) | 2015-12-31 | $1,487,197 |
| Total loss/gain on sale of assets | 2015-12-31 | $0 |
| Total of all expenses incurred | 2015-12-31 | $184,395 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $145,213 |
| Expenses. Certain deemed distributions of participant loans | 2015-12-31 | $10,014 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $1,541,095 |
| Value of total assets at end of year | 2015-12-31 | $12,782,322 |
| Value of total assets at beginning of year | 2015-12-31 | $11,479,520 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $29,168 |
| Total interest from all sources | 2015-12-31 | $13,703 |
| Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $106,334 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2015-12-31 | $106,334 |
| Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
| Value of fidelity bond cover | 2015-12-31 | $6,000,000 |
| If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
| Contributions received from participants | 2015-12-31 | $882,245 |
| Participant contributions at end of year | 2015-12-31 | $371,688 |
| Participant contributions at beginning of year | 2015-12-31 | $360,888 |
| Participant contributions at end of year | 2015-12-31 | $72,124 |
| Participant contributions at beginning of year | 2015-12-31 | $67,995 |
| Assets. Other investments not covered elsewhere at end of year | 2015-12-31 | $452,366 |
| Assets. Other investments not covered elsewhere at beginning of year | 2015-12-31 | $363,220 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $260,673 |
| Other income not declared elsewhere | 2015-12-31 | $-3,084 |
| Administrative expenses (other) incurred | 2015-12-31 | $29,168 |
| Total non interest bearing cash at end of year | 2015-12-31 | $717 |
| Total non interest bearing cash at beginning of year | 2015-12-31 | $1,255 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Value of net income/loss | 2015-12-31 | $1,302,802 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $12,782,322 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $11,479,520 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $10,191,273 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $8,711,670 |
| Interest on participant loans | 2015-12-31 | $13,703 |
| Value of interest in common/collective trusts at end of year | 2015-12-31 | $1,580,891 |
| Value of interest in common/collective trusts at beginning of year | 2015-12-31 | $1,866,598 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-215,284 |
| Net investment gain or loss from common/collective trusts | 2015-12-31 | $44,433 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
| Contributions received in cash from employer | 2015-12-31 | $398,177 |
| Employer contributions (assets) at end of year | 2015-12-31 | $113,263 |
| Employer contributions (assets) at beginning of year | 2015-12-31 | $107,894 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $145,213 |
| Did the plan have assets held for investment | 2015-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
| Accountancy firm name | 2015-12-31 | DIXON HUGHES GOODMAN, LLP |
| Accountancy firm EIN | 2015-12-31 | 560747981 |
| 2014 : HIGH POINT BANK AND TRUST COMPANY EMPLOYEE SAVINGS AND RETIREMENT PLAN 2014 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2014-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
| Total income from all sources (including contributions) | 2014-12-31 | $2,076,643 |
| Total loss/gain on sale of assets | 2014-12-31 | $0 |
| Total of all expenses incurred | 2014-12-31 | $522,776 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $483,645 |
| Expenses. Certain deemed distributions of participant loans | 2014-12-31 | $12,261 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $1,601,872 |
| Value of total assets at end of year | 2014-12-31 | $11,479,520 |
| Value of total assets at beginning of year | 2014-12-31 | $9,925,653 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $26,870 |
| Total interest from all sources | 2014-12-31 | $13,204 |
| Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $65,539 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2014-12-31 | $65,539 |
| Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
| Value of fidelity bond cover | 2014-12-31 | $6,000,000 |
| If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
| Contributions received from participants | 2014-12-31 | $776,886 |
| Participant contributions at end of year | 2014-12-31 | $360,888 |
| Participant contributions at beginning of year | 2014-12-31 | $355,757 |
| Participant contributions at end of year | 2014-12-31 | $67,995 |
| Participant contributions at beginning of year | 2014-12-31 | $66,073 |
| Assets. Other investments not covered elsewhere at end of year | 2014-12-31 | $363,220 |
| Assets. Other investments not covered elsewhere at beginning of year | 2014-12-31 | $390,712 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $472,618 |
| Other income not declared elsewhere | 2014-12-31 | $37,986 |
| Administrative expenses (other) incurred | 2014-12-31 | $26,870 |
| Total non interest bearing cash at end of year | 2014-12-31 | $1,255 |
| Total non interest bearing cash at beginning of year | 2014-12-31 | $336 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Value of net income/loss | 2014-12-31 | $1,553,867 |
| Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $11,479,520 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $9,925,653 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $8,711,670 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $7,469,300 |
| Interest on participant loans | 2014-12-31 | $13,204 |
| Value of interest in common/collective trusts at end of year | 2014-12-31 | $1,866,598 |
| Value of interest in common/collective trusts at beginning of year | 2014-12-31 | $1,535,892 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $320,765 |
| Net investment gain or loss from common/collective trusts | 2014-12-31 | $37,277 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
| Contributions received in cash from employer | 2014-12-31 | $352,368 |
| Employer contributions (assets) at end of year | 2014-12-31 | $107,894 |
| Employer contributions (assets) at beginning of year | 2014-12-31 | $107,583 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $483,645 |
| Did the plan have assets held for investment | 2014-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
| Accountancy firm name | 2014-12-31 | DIXON HUGHES GOODMAN LLP |
| Accountancy firm EIN | 2014-12-31 | 560747981 |
| 2013 : HIGH POINT BANK AND TRUST COMPANY EMPLOYEE SAVINGS AND RETIREMENT PLAN 2013 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2013-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
| Total income from all sources (including contributions) | 2013-12-31 | $2,336,568 |
| Total loss/gain on sale of assets | 2013-12-31 | $0 |
| Total of all expenses incurred | 2013-12-31 | $1,893,392 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $1,860,567 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $1,313,734 |
| Value of total assets at end of year | 2013-12-31 | $9,925,653 |
| Value of total assets at beginning of year | 2013-12-31 | $9,482,477 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $32,825 |
| Total interest from all sources | 2013-12-31 | $11,357 |
| Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $133,952 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2013-12-31 | $133,952 |
| Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
| Value of fidelity bond cover | 2013-12-31 | $6,000,000 |
| If this is an individual account plan, was there a blackout period | 2013-12-31 | Yes |
| Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
| Contributions received from participants | 2013-12-31 | $760,545 |
| Participant contributions at end of year | 2013-12-31 | $355,757 |
| Participant contributions at beginning of year | 2013-12-31 | $295,761 |
| Participant contributions at end of year | 2013-12-31 | $66,073 |
| Participant contributions at beginning of year | 2013-12-31 | $59,839 |
| Assets. Other investments not covered elsewhere at end of year | 2013-12-31 | $390,712 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $207,077 |
| Other income not declared elsewhere | 2013-12-31 | $-987 |
| Administrative expenses (other) incurred | 2013-12-31 | $32,825 |
| Total non interest bearing cash at end of year | 2013-12-31 | $336 |
| Total non interest bearing cash at beginning of year | 2013-12-31 | $5 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Value of net income/loss | 2013-12-31 | $443,176 |
| Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $9,925,653 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $9,482,477 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $7,469,300 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $7,203,205 |
| Interest on participant loans | 2013-12-31 | $11,357 |
| Value of interest in common/collective trusts at end of year | 2013-12-31 | $1,535,892 |
| Value of interest in common/collective trusts at beginning of year | 2013-12-31 | $1,812,384 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $842,587 |
| Net investment gain or loss from common/collective trusts | 2013-12-31 | $35,925 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
| Contributions received in cash from employer | 2013-12-31 | $346,112 |
| Employer contributions (assets) at end of year | 2013-12-31 | $107,583 |
| Employer contributions (assets) at beginning of year | 2013-12-31 | $111,283 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $1,860,567 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2013-12-31 | Yes |
| Did the plan have assets held for investment | 2013-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
| Accountancy firm name | 2013-12-31 | DIXON HUGHES GOODMAN LLP |
| Accountancy firm EIN | 2013-12-31 | 560747981 |
| 2012 : HIGH POINT BANK AND TRUST COMPANY EMPLOYEE SAVINGS AND RETIREMENT PLAN 2012 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2012-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
| Total income from all sources (including contributions) | 2012-12-31 | $2,229,059 |
| Total loss/gain on sale of assets | 2012-12-31 | $0 |
| Total of all expenses incurred | 2012-12-31 | $1,555,077 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $1,526,572 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $1,324,436 |
| Value of total assets at end of year | 2012-12-31 | $9,482,477 |
| Value of total assets at beginning of year | 2012-12-31 | $8,808,495 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $28,505 |
| Total interest from all sources | 2012-12-31 | $30,375 |
| Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $138,582 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2012-12-31 | $138,582 |
| Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
| Value of fidelity bond cover | 2012-12-31 | $6,000,000 |
| If this is an individual account plan, was there a blackout period | 2012-12-31 | Yes |
| Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
| Contributions received from participants | 2012-12-31 | $703,911 |
| Participant contributions at end of year | 2012-12-31 | $295,761 |
| Participant contributions at beginning of year | 2012-12-31 | $245,269 |
| Participant contributions at end of year | 2012-12-31 | $59,839 |
| Participant contributions at beginning of year | 2012-12-31 | $59,020 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $290,676 |
| Other income not declared elsewhere | 2012-12-31 | $-20,901 |
| Administrative expenses (other) incurred | 2012-12-31 | $16,304 |
| Total non interest bearing cash at end of year | 2012-12-31 | $5 |
| Total non interest bearing cash at beginning of year | 2012-12-31 | $400 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
| Value of net income/loss | 2012-12-31 | $673,982 |
| Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $9,482,477 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $8,808,495 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
| Investment advisory and management fees | 2012-12-31 | $12,201 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $7,203,205 |
| Value of interest in pooled separate accounts at end of year | 2012-12-31 | $0 |
| Value of interest in pooled separate accounts at beginning of year | 2012-12-31 | $6,326,937 |
| Interest on participant loans | 2012-12-31 | $10,886 |
| Interest earned on other investments | 2012-12-31 | $19,489 |
| Value of interest in common/collective trusts at end of year | 2012-12-31 | $1,812,384 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2012-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2012-12-31 | $2,067,032 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $394,848 |
| Net investment gain/loss from pooled separate accounts | 2012-12-31 | $333,589 |
| Net investment gain or loss from common/collective trusts | 2012-12-31 | $28,130 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
| Contributions received in cash from employer | 2012-12-31 | $329,849 |
| Employer contributions (assets) at end of year | 2012-12-31 | $111,283 |
| Employer contributions (assets) at beginning of year | 2012-12-31 | $109,837 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $1,526,572 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2012-12-31 | Yes |
| Did the plan have assets held for investment | 2012-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
| Accountancy firm name | 2012-12-31 | DIXON HUGHES GOODMAN LLP |
| Accountancy firm EIN | 2012-12-31 | 560747981 |
| 2011 : HIGH POINT BANK AND TRUST COMPANY EMPLOYEE SAVINGS AND RETIREMENT PLAN 2011 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2011-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
| Total income from all sources (including contributions) | 2011-12-31 | $821,949 |
| Total loss/gain on sale of assets | 2011-12-31 | $0 |
| Total of all expenses incurred | 2011-12-31 | $421,335 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $389,079 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $1,060,052 |
| Value of total assets at end of year | 2011-12-31 | $8,808,495 |
| Value of total assets at beginning of year | 2011-12-31 | $8,407,881 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $32,256 |
| Total interest from all sources | 2011-12-31 | $56,256 |
| Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $8,277 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2011-12-31 | $8,277 |
| Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
| Value of fidelity bond cover | 2011-12-31 | $6,000,000 |
| If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
| Contributions received from participants | 2011-12-31 | $699,883 |
| Participant contributions at end of year | 2011-12-31 | $245,269 |
| Participant contributions at beginning of year | 2011-12-31 | $142,636 |
| Participant contributions at end of year | 2011-12-31 | $59,020 |
| Participant contributions at beginning of year | 2011-12-31 | $57,911 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $18,815 |
| Administrative expenses (other) incurred | 2011-12-31 | $32,256 |
| Total non interest bearing cash at end of year | 2011-12-31 | $400 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Value of net income/loss | 2011-12-31 | $400,614 |
| Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $8,808,495 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $8,407,881 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $6,344,922 |
| Value of interest in pooled separate accounts at end of year | 2011-12-31 | $6,326,937 |
| Interest on participant loans | 2011-12-31 | $7,873 |
| Interest earned on other investments | 2011-12-31 | $48,383 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2011-12-31 | $2,067,032 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2011-12-31 | $1,744,854 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-302,636 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
| Contributions received in cash from employer | 2011-12-31 | $341,354 |
| Employer contributions (assets) at end of year | 2011-12-31 | $109,837 |
| Employer contributions (assets) at beginning of year | 2011-12-31 | $117,558 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $389,079 |
| Did the plan have assets held for investment | 2011-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
| Accountancy firm name | 2011-12-31 | DIXON HUGHES GOODMAN, LLP |
| Accountancy firm EIN | 2011-12-31 | 560747981 |
| 2010 : HIGH POINT BANK AND TRUST COMPANY EMPLOYEE SAVINGS AND RETIREMENT PLAN 2010 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2010-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
| Total income from all sources (including contributions) | 2010-12-31 | $1,841,481 |
| Total loss/gain on sale of assets | 2010-12-31 | $0 |
| Total of all expenses incurred | 2010-12-31 | $603,821 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $577,695 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $1,066,633 |
| Value of total assets at end of year | 2010-12-31 | $8,407,881 |
| Value of total assets at beginning of year | 2010-12-31 | $7,170,221 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $26,126 |
| Total interest from all sources | 2010-12-31 | $7,582 |
| Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $2,921 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2010-12-31 | $2,921 |
| Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
| Value of fidelity bond cover | 2010-12-31 | $6,000,000 |
| If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
| Contributions received from participants | 2010-12-31 | $697,068 |
| Participant contributions at end of year | 2010-12-31 | $142,636 |
| Participant contributions at beginning of year | 2010-12-31 | $157,336 |
| Participant contributions at end of year | 2010-12-31 | $57,911 |
| Participant contributions at beginning of year | 2010-12-31 | $53,443 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $37,772 |
| Administrative expenses (other) incurred | 2010-12-31 | $26,126 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Value of net income/loss | 2010-12-31 | $1,237,660 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $8,407,881 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $7,170,221 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $6,344,922 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $5,272,648 |
| Interest on participant loans | 2010-12-31 | $7,582 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2010-12-31 | $1,744,854 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2010-12-31 | $1,662,478 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $764,345 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
| Contributions received in cash from employer | 2010-12-31 | $331,793 |
| Employer contributions (assets) at end of year | 2010-12-31 | $117,558 |
| Employer contributions (assets) at beginning of year | 2010-12-31 | $24,316 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $577,695 |
| Did the plan have assets held for investment | 2010-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
| Accountancy firm name | 2010-12-31 | DIXON HUGHES GOODMAN, LLP |
| Accountancy firm EIN | 2010-12-31 | 560747981 |
| 2009 : HIGH POINT BANK AND TRUST COMPANY EMPLOYEE SAVINGS AND RETIREMENT PLAN 2009 401k financial data |
|---|
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |