401k Plan data: CAROLINA BANK 401K RETIREMENT PLAN plan

CAROLINA BANK 401K RETIREMENT PLAN 401k Plan overview

Plan Name	CAROLINA BANK 401K RETIREMENT PLAN
Plan identification number	001

CAROLINA BANK 401K RETIREMENT PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

CAROLINA BANK has sponsored the creation of one or more 401k plans.

Company Name: CAROLINA BANK

Employer identification number (EIN): 561969480

NAIC Classification: 522110
NAIC Description: Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CAROLINA BANK 401K RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2017-01-01 SUE SPRINGER SUE SPRINGER 2018-10-02
001 2016-01-01 SUE SPRINGER SUE SPRINGER 2017-10-13
001 2015-01-01 SUE SPRINGER SUE SPRINGER 2016-09-12
001 2014-01-01 SUE SPRINGER SUE SPRINGER 2015-07-24
001 2013-01-01 ALLEN LILES ALLEN LILES 2014-08-13
001 2012-01-01 ALLEN LILES ALLEN LILES 2013-07-17
001 2011-01-01 ALLEN LILES ALLEN LILES 2012-09-19
001 2009-01-01 ALLEN LILES

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
001	2017-01-01	SUE SPRINGER	SUE SPRINGER	2018-10-02
001	2016-01-01	SUE SPRINGER	SUE SPRINGER	2017-10-13
001	2015-01-01	SUE SPRINGER	SUE SPRINGER	2016-09-12
001	2014-01-01	SUE SPRINGER	SUE SPRINGER	2015-07-24
001	2013-01-01	ALLEN LILES	ALLEN LILES	2014-08-13
001	2012-01-01	ALLEN LILES	ALLEN LILES	2013-07-17
001	2011-01-01	ALLEN LILES	ALLEN LILES	2012-09-19
001	2009-01-01	ALLEN LILES

Plan Statistics for CAROLINA BANK 401K RETIREMENT PLAN

401k plan membership statisitcs for CAROLINA BANK 401K RETIREMENT PLAN

Measure Date Value
2017: CAROLINA BANK 401K RETIREMENT PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 201
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 0
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 0
Total of all active and inactive participants 2017-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 0
Number of participants with account balances 2017-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: CAROLINA BANK 401K RETIREMENT PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 215
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 158
Number of retired or separated participants receiving benefits 2016-01-01 10
Number of other retired or separated participants entitled to future benefits 2016-01-01 31
Total of all active and inactive participants 2016-01-01 199
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 199
Number of participants with account balances 2016-01-01 180
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0
2015: CAROLINA BANK 401K RETIREMENT PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 211
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 183
Number of retired or separated participants receiving benefits 2015-01-01 5
Number of other retired or separated participants entitled to future benefits 2015-01-01 25
Total of all active and inactive participants 2015-01-01 213
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 213
Number of participants with account balances 2015-01-01 191
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0
2014: CAROLINA BANK 401K RETIREMENT PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 215
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 188
Number of retired or separated participants receiving benefits 2014-01-01 6
Number of other retired or separated participants entitled to future benefits 2014-01-01 17
Total of all active and inactive participants 2014-01-01 211
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 211
Number of participants with account balances 2014-01-01 191
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0
2013: CAROLINA BANK 401K RETIREMENT PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 214
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 188
Number of retired or separated participants receiving benefits 2013-01-01 3
Number of other retired or separated participants entitled to future benefits 2013-01-01 22
Total of all active and inactive participants 2013-01-01 213
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 213
Number of participants with account balances 2013-01-01 188
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: CAROLINA BANK 401K RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 178
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 189
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 12
Total of all active and inactive participants 2012-01-01 201
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 201
Number of participants with account balances 2012-01-01 168
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: CAROLINA BANK 401K RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 178
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 175
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 6
Total of all active and inactive participants 2011-01-01 181
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 181
Number of participants with account balances 2011-01-01 150
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2009: CAROLINA BANK 401K RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 116
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 125
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 8
Total of all active and inactive participants 2009-01-01 133
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 133
Number of participants with account balances 2009-01-01 108
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2017: CAROLINA BANK 401K RETIREMENT PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	201
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	0
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	0
Total of all active and inactive participants	2017-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	0
Number of participants with account balances	2017-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: CAROLINA BANK 401K RETIREMENT PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	215
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	158
Number of retired or separated participants receiving benefits	2016-01-01	10
Number of other retired or separated participants entitled to future benefits	2016-01-01	31
Total of all active and inactive participants	2016-01-01	199
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	199
Number of participants with account balances	2016-01-01	180
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0
2015: CAROLINA BANK 401K RETIREMENT PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	211
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	183
Number of retired or separated participants receiving benefits	2015-01-01	5
Number of other retired or separated participants entitled to future benefits	2015-01-01	25
Total of all active and inactive participants	2015-01-01	213
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	213
Number of participants with account balances	2015-01-01	191
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0
2014: CAROLINA BANK 401K RETIREMENT PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	215
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	188
Number of retired or separated participants receiving benefits	2014-01-01	6
Number of other retired or separated participants entitled to future benefits	2014-01-01	17
Total of all active and inactive participants	2014-01-01	211
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	211
Number of participants with account balances	2014-01-01	191
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0
2013: CAROLINA BANK 401K RETIREMENT PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	214
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	188
Number of retired or separated participants receiving benefits	2013-01-01	3
Number of other retired or separated participants entitled to future benefits	2013-01-01	22
Total of all active and inactive participants	2013-01-01	213
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	213
Number of participants with account balances	2013-01-01	188
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: CAROLINA BANK 401K RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	178
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	189
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	12
Total of all active and inactive participants	2012-01-01	201
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	201
Number of participants with account balances	2012-01-01	168
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: CAROLINA BANK 401K RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	178
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	175
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	6
Total of all active and inactive participants	2011-01-01	181
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	181
Number of participants with account balances	2011-01-01	150
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2009: CAROLINA BANK 401K RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	116
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	125
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	8
Total of all active and inactive participants	2009-01-01	133
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	133
Number of participants with account balances	2009-01-01	108
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on CAROLINA BANK 401K RETIREMENT PLAN

Measure	Date	Value
2017 : CAROLINA BANK 401K RETIREMENT PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets	2017-12-31	$0
Total transfer of assets from this plan	2017-12-31	$10,530,015
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total income from all sources (including contributions)	2017-12-31	$1,678,205
Total loss/gain on sale of assets	2017-12-31	$0
Total of all expenses incurred	2017-12-31	$5,317,328
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$5,291,084
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$646,279
Value of total assets at end of year	2017-12-31	$0
Value of total assets at beginning of year	2017-12-31	$14,169,138
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$26,244
Total interest from all sources	2017-12-31	$10,494
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$74,965
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2017-12-31	$0
Total dividends received from registered investment company shares (eg mutual funds)	2017-12-31	$74,965
Administrative expenses professional fees incurred	2017-12-31	$6,296
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2017-12-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$371,243
Participant contributions at end of year	2017-12-31	$0
Participant contributions at beginning of year	2017-12-31	$486,660
Income. Received or receivable in cash from other sources (including rollovers)	2017-12-31	$6,180
Other income not declared elsewhere	2017-12-31	$3,227
Administrative expenses (other) incurred	2017-12-31	$680
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$-3,639,123
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$0
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$14,169,138
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Investment advisory and management fees	2017-12-31	$19,268
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$8,113,495
Interest on participant loans	2017-12-31	$10,577
Value of interest in common/collective trusts at end of year	2017-12-31	$0
Value of interest in common/collective trusts at beginning of year	2017-12-31	$1,297,749
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2017-12-31	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2017-12-31	$600,972
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2017-12-31	$600,972
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2017-12-31	$-83
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$927,294
Net investment gain or loss from common/collective trusts	2017-12-31	$15,946
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	No
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Assets. Invements in employer securities at end of year	2017-12-31	$0
Assets. Invements in employer securities at beginning of year	2017-12-31	$3,670,262
Contributions received in cash from employer	2017-12-31	$268,856
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$5,291,084
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	2017-12-31	Yes
Did the plan have assets held for investment	2017-12-31	No
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	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	SMITH LEONARD PLLC
Accountancy firm EIN	2017-12-31	205907591
2016 : CAROLINA BANK 401K RETIREMENT PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets	2016-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$1,692
Total income from all sources (including contributions)	2016-12-31	$3,209,259
Total loss/gain on sale of assets	2016-12-31	$0
Total of all expenses incurred	2016-12-31	$2,126,890
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$2,089,744
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$1,478,957
Value of total assets at end of year	2016-12-31	$14,169,138
Value of total assets at beginning of year	2016-12-31	$13,088,461
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$37,146
Total interest from all sources	2016-12-31	$22,454
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$267,733
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2016-12-31	$267,733
Administrative expenses professional fees incurred	2016-12-31	$31,832
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2016-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2016-12-31	No
Contributions received from participants	2016-12-31	$831,944
Participant contributions at end of year	2016-12-31	$486,660
Participant contributions at beginning of year	2016-12-31	$615,676
Income. Received or receivable in cash from other sources (including rollovers)	2016-12-31	$14,277
Other income not declared elsewhere	2016-12-31	$37,008
Administrative expenses (other) incurred	2016-12-31	$5,314
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Value of net income/loss	2016-12-31	$1,082,369
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$14,169,138
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$13,086,769
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-12-31	No
Were any leases to which the plan was party in default or uncollectible	2016-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2016-12-31	$8,113,495
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2016-12-31	$7,775,031
Interest on participant loans	2016-12-31	$22,454
Value of interest in common/collective trusts at end of year	2016-12-31	$1,297,749
Value of interest in common/collective trusts at beginning of year	2016-12-31	$1,216,402
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2016-12-31	$600,972
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2016-12-31	$63,185
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2016-12-31	$63,185
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-12-31	$1,379,366
Net investment gain or loss from common/collective trusts	2016-12-31	$23,741
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-12-31	No
Was there a failure to transmit to the plan any participant contributions	2016-12-31	No
Has the plan failed to provide any benefit when due under the plan	2016-12-31	No
Assets. Invements in employer securities at end of year	2016-12-31	$3,670,262
Assets. Invements in employer securities at beginning of year	2016-12-31	$3,418,167
Contributions received in cash from employer	2016-12-31	$632,736
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$2,089,744
Liabilities. Value of benefit claims payable at beginning of year	2016-12-31	$1,692
Did the plan have assets held for investment	2016-12-31	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	2016-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2016-12-31	Disclaimer
Accountancy firm name	2016-12-31	SMITH LEONARD PLLC
Accountancy firm EIN	2016-12-31	205907591
2015 : CAROLINA BANK 401K 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	$1,692
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	$3,261,334
Total loss/gain on sale of assets	2015-12-31	$0
Total of all expenses incurred	2015-12-31	$824,976
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-12-31	$787,187
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-12-31	$1,466,359
Value of total assets at end of year	2015-12-31	$13,088,461
Value of total assets at beginning of year	2015-12-31	$10,650,411
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-12-31	$37,789
Total interest from all sources	2015-12-31	$26,454
Total dividends received (eg from common stock, registered investment company shares)	2015-12-31	$393,196
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	$393,196
Administrative expenses professional fees incurred	2015-12-31	$34,787
Was this plan covered by a fidelity bond	2015-12-31	Yes
Value of fidelity bond cover	2015-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2015-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2015-12-31	No
Contributions received from participants	2015-12-31	$811,186
Participant contributions at end of year	2015-12-31	$615,676
Participant contributions at beginning of year	2015-12-31	$628,471
Income. Received or receivable in cash from other sources (including rollovers)	2015-12-31	$22,410
Other income not declared elsewhere	2015-12-31	$37,759
Administrative expenses (other) incurred	2015-12-31	$3,002
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	$2,436,358
Value of net assets at end of year (total assets less liabilities)	2015-12-31	$13,086,769
Value of net assets at beginning of year (total assets less liabilities)	2015-12-31	$10,650,411
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	$7,775,031
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2015-12-31	$6,975,951
Interest on participant loans	2015-12-31	$26,454
Value of interest in common/collective trusts at end of year	2015-12-31	$1,216,402
Value of interest in common/collective trusts at beginning of year	2015-12-31	$1,211,772
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2015-12-31	$63,185
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2015-12-31	$19,934
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2015-12-31	$19,934
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2015-12-31	$1,314,359
Net investment gain or loss from common/collective trusts	2015-12-31	$23,207
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
Assets. Invements in employer securities at end of year	2015-12-31	$3,418,167
Assets. Invements in employer securities at beginning of year	2015-12-31	$1,814,283
Contributions received in cash from employer	2015-12-31	$632,763
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-12-31	$787,187
Liabilities. Value of benefit claims payable at end of year	2015-12-31	$1,692
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	SMITH LEONARD PLLC
Accountancy firm EIN	2015-12-31	205907591
2014 : CAROLINA BANK 401K RETIREMENT PLAN 2014 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2014-12-31	$-93,647
Total unrealized appreciation/depreciation of assets	2014-12-31	$-93,647
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	$44,590
Total income from all sources (including contributions)	2014-12-31	$1,688,740
Total loss/gain on sale of assets	2014-12-31	$0
Total of all expenses incurred	2014-12-31	$514,688
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$479,109
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$1,326,694
Value of total assets at end of year	2014-12-31	$10,650,411
Value of total assets at beginning of year	2014-12-31	$9,520,949
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$35,579
Total interest from all sources	2014-12-31	$25,972
Total dividends received (eg from common stock, registered investment company shares)	2014-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-12-31	No
Administrative expenses professional fees incurred	2014-12-31	$35,579
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2014-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2014-12-31	No
Contributions received from participants	2014-12-31	$742,278
Participant contributions at end of year	2014-12-31	$628,471
Participant contributions at beginning of year	2014-12-31	$542,104
Income. Received or receivable in cash from other sources (including rollovers)	2014-12-31	$25,794
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2014-12-31	$44,590
Other income not declared elsewhere	2014-12-31	$27,379
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	$1,174,052
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$10,650,411
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$9,476,359
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	$6,975,951
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2014-12-31	$5,976,914
Interest on participant loans	2014-12-31	$25,972
Value of interest in common/collective trusts at end of year	2014-12-31	$1,211,772
Value of interest in common/collective trusts at beginning of year	2014-12-31	$1,129,007
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2014-12-31	$19,934
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2014-12-31	$55,524
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2014-12-31	$55,524
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2014-12-31	$354,170
Net investment gain or loss from common/collective trusts	2014-12-31	$48,172
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
Assets. Invements in employer securities at end of year	2014-12-31	$1,814,283
Assets. Invements in employer securities at beginning of year	2014-12-31	$1,817,400
Contributions received in cash from employer	2014-12-31	$558,622
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$479,109
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	SMITH LEONARD PLLC
Accountancy firm EIN	2014-12-31	205907591
2013 : CAROLINA BANK 401K RETIREMENT PLAN 2013 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2013-12-31	$529,468
Total unrealized appreciation/depreciation of assets	2013-12-31	$529,468
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$44,590
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	$3,164,285
Total loss/gain on sale of assets	2013-12-31	$0
Total of all expenses incurred	2013-12-31	$475,500
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$440,404
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$1,614,599
Value of total assets at end of year	2013-12-31	$9,520,949
Value of total assets at beginning of year	2013-12-31	$6,787,574
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$35,096
Total interest from all sources	2013-12-31	$16,170
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2013-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Contributions received from participants	2013-12-31	$847,751
Participant contributions at end of year	2013-12-31	$542,104
Participant contributions at beginning of year	2013-12-31	$314,061
Income. Received or receivable in cash from other sources (including rollovers)	2013-12-31	$125,016
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2013-12-31	$44,590
Other income not declared elsewhere	2013-12-31	$22,346
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	$2,688,785
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$9,476,359
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$6,787,574
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
Investment advisory and management fees	2013-12-31	$35,096
Value of interest in registered invesment companies (eg mutual funds) at end of year	2013-12-31	$5,976,914
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2013-12-31	$4,451,693
Interest on participant loans	2013-12-31	$16,170
Value of interest in common/collective trusts at end of year	2013-12-31	$1,129,007
Value of interest in common/collective trusts at beginning of year	2013-12-31	$733,718
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2013-12-31	$55,524
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2013-12-31	$6,519
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2013-12-31	$6,519
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2013-12-31	$991,510
Net investment gain or loss from common/collective trusts	2013-12-31	$-9,808
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
Assets. Invements in employer securities at end of year	2013-12-31	$1,817,400
Assets. Invements in employer securities at beginning of year	2013-12-31	$1,281,583
Contributions received in cash from employer	2013-12-31	$641,832
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$440,404
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	No
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	SMITH LEONARD PLLC
Accountancy firm EIN	2013-12-31	205907591
2012 : CAROLINA BANK 401K RETIREMENT PLAN 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2012-12-31	$753,999
Total unrealized appreciation/depreciation of assets	2012-12-31	$753,999
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	$2,557,525
Total loss/gain on sale of assets	2012-12-31	$0
Total of all expenses incurred	2012-12-31	$127,479
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$109,751
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$1,267,819
Value of total assets at end of year	2012-12-31	$6,787,574
Value of total assets at beginning of year	2012-12-31	$4,357,528
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$17,728
Total interest from all sources	2012-12-31	$12,035
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Administrative expenses professional fees incurred	2012-12-31	$9,211
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2012-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Contributions received from participants	2012-12-31	$712,383
Participant contributions at end of year	2012-12-31	$314,061
Participant contributions at beginning of year	2012-12-31	$250,607
Income. Received or receivable in cash from other sources (including rollovers)	2012-12-31	$13,834
Other income not declared elsewhere	2012-12-31	$11,590
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	$2,430,046
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$6,787,574
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$4,357,528
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	$8,517
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-12-31	$4,451,693
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-31	$3,329,676
Interest on participant loans	2012-12-31	$12,035
Value of interest in common/collective trusts at end of year	2012-12-31	$733,718
Value of interest in common/collective trusts at beginning of year	2012-12-31	$433,434
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2012-12-31	$6,519
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2012-12-31	$4,839
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2012-12-31	$4,839
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2012-12-31	$460,076
Net investment gain or loss from common/collective trusts	2012-12-31	$52,006
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
Assets. Invements in employer securities at end of year	2012-12-31	$1,281,583
Assets. Invements in employer securities at beginning of year	2012-12-31	$338,972
Contributions received in cash from employer	2012-12-31	$541,602
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$109,751
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	No
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	SMITH LEONARD PLLC
Accountancy firm EIN	2012-12-31	205907591
2011 : CAROLINA BANK 401K 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	$934,897
Total loss/gain on sale of assets	2011-12-31	$0
Total of all expenses incurred	2011-12-31	$439,565
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$436,890
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$1,085,448
Value of total assets at end of year	2011-12-31	$4,357,528
Value of total assets at beginning of year	2011-12-31	$3,862,196
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$2,675
Total interest from all sources	2011-12-31	$10,577
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Administrative expenses professional fees incurred	2011-12-31	$2,675
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$5,000,000
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	$546,561
Participant contributions at end of year	2011-12-31	$250,607
Participant contributions at beginning of year	2011-12-31	$201,541
Income. Received or receivable in cash from other sources (including rollovers)	2011-12-31	$113,244
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	$495,332
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$4,357,528
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$3,862,196
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 end of year	2011-12-31	$3,329,676
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$3,042,634
Interest on participant loans	2011-12-31	$10,577
Value of interest in common/collective trusts at end of year	2011-12-31	$433,434
Value of interest in common/collective trusts at beginning of year	2011-12-31	$294,574
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2011-12-31	$4,839
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2011-12-31	$4,541
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2011-12-31	$4,541
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-169,713
Net investment gain or loss from common/collective trusts	2011-12-31	$8,585
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
Assets. Invements in employer securities at end of year	2011-12-31	$338,972
Assets. Invements in employer securities at beginning of year	2011-12-31	$318,906
Contributions received in cash from employer	2011-12-31	$425,643
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$436,890
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	2011-12-31	No
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	SMITH LEONARD PLLC
Accountancy firm EIN	2011-12-31	205907591
2010 : CAROLINA BANK 401K 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	$415
Total income from all sources (including contributions)	2010-12-31	$1,172,733
Total loss/gain on sale of assets	2010-12-31	$0
Total of all expenses incurred	2010-12-31	$223,894
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$221,444
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$865,663
Value of total assets at end of year	2010-12-31	$3,862,196
Value of total assets at beginning of year	2010-12-31	$2,913,772
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$2,450
Total interest from all sources	2010-12-31	$9,171
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$5,000,000
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	$486,527
Participant contributions at end of year	2010-12-31	$201,541
Participant contributions at beginning of year	2010-12-31	$141,265
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2010-12-31	$415
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	$948,839
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$3,862,196
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$2,913,357
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
Investment advisory and management fees	2010-12-31	$2,450
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$3,042,634
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$2,360,781
Interest on participant loans	2010-12-31	$9,170
Value of interest in common/collective trusts at end of year	2010-12-31	$294,574
Value of interest in common/collective trusts at beginning of year	2010-12-31	$203,738
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2010-12-31	$4,541
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2010-12-31	$5,051
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2010-12-31	$5,051
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2010-12-31	$1
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$295,754
Net investment gain or loss from common/collective trusts	2010-12-31	$2,145
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
Assets. Invements in employer securities at end of year	2010-12-31	$318,906
Assets. Invements in employer securities at beginning of year	2010-12-31	$202,937
Contributions received in cash from employer	2010-12-31	$379,136
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$221,444
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	2010-12-31	No
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	SMITH LEONARD PLLC
Accountancy firm EIN	2010-12-31	205907591
2009 : CAROLINA BANK 401K 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

Form 5500 Responses for CAROLINA BANK 401K RETIREMENT PLAN

2017: CAROLINA BANK 401K RETIREMENT PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	Yes
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: CAROLINA BANK 401K RETIREMENT PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: CAROLINA BANK 401K RETIREMENT PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: CAROLINA BANK 401K RETIREMENT PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: CAROLINA BANK 401K RETIREMENT PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: CAROLINA BANK 401K RETIREMENT PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: CAROLINA BANK 401K RETIREMENT PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: CAROLINA BANK 401K RETIREMENT PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Potentially related plans

CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN [EIN = 570294574]

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Company Name:	CAROLINA BANK
Employer identification number (EIN):	561969480
NAIC Classification:	522110
NAIC Description:	Commercial Banking