401k Plan data: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN plan

CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 401k Plan overview

Plan Name	CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN
Plan identification number	001

CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) 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.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
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 & TRUST COMPANY has sponsored the creation of one or more 401k plans.

Company Name: CAROLINA BANK & TRUST COMPANY

Employer identification number (EIN): 570294574

NAIC Classification: 522110
NAIC Description: Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01
001 2017-01-01 JOHN A. STARR
001 2016-01-01
001 2015-01-01
001 2014-01-01
001 2013-01-01 R.W. DEMAURICE
001 2012-01-01 R.W. DEMAURICE
001 2011-01-01 RW DEMAURICE
001 2009-01-01 RW DEMAURICE

Plan Statistics for CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN

401k plan membership statisitcs for CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN

Measure Date Value
2022: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 109
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 100
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 17
Total of all active and inactive participants 2022-01-01 117
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 117
Number of participants with account balances 2022-01-01 83
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 3
2021: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 109
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 96
Number of retired or separated participants receiving benefits 2021-01-01 1
Number of other retired or separated participants entitled to future benefits 2021-01-01 12
Total of all active and inactive participants 2021-01-01 109
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 109
Number of participants with account balances 2021-01-01 84
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 2
2020: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 109
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 92
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 15
Total of all active and inactive participants 2020-01-01 107
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 107
Number of participants with account balances 2020-01-01 84
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 109
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 93
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 15
Total of all active and inactive participants 2019-01-01 108
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 108
Number of participants with account balances 2019-01-01 88
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 1
2018: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 120
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 93
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 18
Total of all active and inactive participants 2018-01-01 111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 111
Number of participants with account balances 2018-01-01 91
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 2
2017: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 120
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 95
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 22
Total of all active and inactive participants 2017-01-01 117
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 2
Total participants 2017-01-01 119
Number of participants with account balances 2017-01-01 96
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 99
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 79
Number of other retired or separated participants entitled to future benefits 2016-01-01 21
Total of all active and inactive participants 2016-01-01 100
Total participants 2016-01-01 100
2015: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 99
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 79
Number of other retired or separated participants entitled to future benefits 2015-01-01 16
Total of all active and inactive participants 2015-01-01 95
Total participants 2015-01-01 95
2014: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 103
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 83
Number of other retired or separated participants entitled to future benefits 2014-01-01 16
Total of all active and inactive participants 2014-01-01 99
Total participants 2014-01-01 99
2013: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 103
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 82
Number of other retired or separated participants entitled to future benefits 2013-01-01 18
Total of all active and inactive participants 2013-01-01 100
Total participants 2013-01-01 100
Number of participants with account balances 2013-01-01 100
2012: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 108
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 84
Number of other retired or separated participants entitled to future benefits 2012-01-01 19
Total of all active and inactive participants 2012-01-01 103
Total participants 2012-01-01 103
Number of participants with account balances 2012-01-01 103
2011: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 113
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 93
Number of other retired or separated participants entitled to future benefits 2011-01-01 15
Total of all active and inactive participants 2011-01-01 108
Total participants 2011-01-01 108
Number of participants with account balances 2011-01-01 108
2009: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 128
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 101
Number of other retired or separated participants entitled to future benefits 2009-01-01 14
Total of all active and inactive participants 2009-01-01 115
Total participants 2009-01-01 115
Number of participants with account balances 2009-01-01 115

Measure	Date	Value
2022: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	109
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	100
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	17
Total of all active and inactive participants	2022-01-01	117
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	117
Number of participants with account balances	2022-01-01	83
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	3
2021: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	109
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	96
Number of retired or separated participants receiving benefits	2021-01-01	1
Number of other retired or separated participants entitled to future benefits	2021-01-01	12
Total of all active and inactive participants	2021-01-01	109
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	109
Number of participants with account balances	2021-01-01	84
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	2
2020: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	109
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	92
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	15
Total of all active and inactive participants	2020-01-01	107
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	107
Number of participants with account balances	2020-01-01	84
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	109
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	93
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	15
Total of all active and inactive participants	2019-01-01	108
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	108
Number of participants with account balances	2019-01-01	88
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	1
2018: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	120
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	93
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	18
Total of all active and inactive participants	2018-01-01	111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	111
Number of participants with account balances	2018-01-01	91
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	2
2017: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	120
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	95
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	22
Total of all active and inactive participants	2017-01-01	117
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	2
Total participants	2017-01-01	119
Number of participants with account balances	2017-01-01	96
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	99
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	79
Number of other retired or separated participants entitled to future benefits	2016-01-01	21
Total of all active and inactive participants	2016-01-01	100
Total participants	2016-01-01	100
2015: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	99
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	79
Number of other retired or separated participants entitled to future benefits	2015-01-01	16
Total of all active and inactive participants	2015-01-01	95
Total participants	2015-01-01	95
2014: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	103
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	83
Number of other retired or separated participants entitled to future benefits	2014-01-01	16
Total of all active and inactive participants	2014-01-01	99
Total participants	2014-01-01	99
2013: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	103
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	82
Number of other retired or separated participants entitled to future benefits	2013-01-01	18
Total of all active and inactive participants	2013-01-01	100
Total participants	2013-01-01	100
Number of participants with account balances	2013-01-01	100
2012: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	108
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	84
Number of other retired or separated participants entitled to future benefits	2012-01-01	19
Total of all active and inactive participants	2012-01-01	103
Total participants	2012-01-01	103
Number of participants with account balances	2012-01-01	103
2011: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	113
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	93
Number of other retired or separated participants entitled to future benefits	2011-01-01	15
Total of all active and inactive participants	2011-01-01	108
Total participants	2011-01-01	108
Number of participants with account balances	2011-01-01	108
2009: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	128
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	101
Number of other retired or separated participants entitled to future benefits	2009-01-01	14
Total of all active and inactive participants	2009-01-01	115
Total participants	2009-01-01	115
Number of participants with account balances	2009-01-01	115

Financial Data on CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN

Measure	Date	Value
2022 : CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total income from all sources (including contributions)	2022-12-31	$-598,806
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$602,646
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$554,651
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$441,754
Value of total assets at end of year	2022-12-31	$8,422,244
Value of total assets at beginning of year	2022-12-31	$9,623,696
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$47,995
Total interest from all sources	2022-12-31	$4,003
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$500,000
If this is an individual account plan, was there a blackout period	2022-12-31	Yes
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$318,937
Participant contributions at end of year	2022-12-31	$77,280
Participant contributions at beginning of year	2022-12-31	$80,658
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-1,201,452
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$8,422,244
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$9,623,696
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$5,129,446
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$6,204,375
Interest on participant loans	2022-12-31	$4,003
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2022-12-31	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2022-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2022-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2022-12-31	$3,215,518
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2022-12-31	$3,338,663
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-1,044,563
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	No
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Contributions received in cash from employer	2022-12-31	$122,817
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$554,651
Contract administrator fees	2022-12-31	$47,995
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	2022-12-31	Yes
Did the plan have assets held for investment	2022-12-31	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	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Disclaimer
Accountancy firm name	2022-12-31	SCOTT AND COMPANY, LLC
Accountancy firm EIN	2022-12-31	571021392
2021 : CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total income from all sources (including contributions)	2021-12-31	$1,455,622
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$142,783
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$107,894
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$567,551
Value of total assets at end of year	2021-12-31	$9,623,696
Value of total assets at beginning of year	2021-12-31	$8,310,857
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$34,889
Total interest from all sources	2021-12-31	$5,073
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$500,000
If this is an individual account plan, was there a blackout period	2021-12-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$300,003
Participant contributions at end of year	2021-12-31	$80,658
Participant contributions at beginning of year	2021-12-31	$142,333
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$146,184
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$1,312,839
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$9,623,696
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$8,310,857
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$6,204,375
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$4,734,125
Interest on participant loans	2021-12-31	$5,073
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2021-12-31	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2021-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2021-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2021-12-31	$3,338,663
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2021-12-31	$3,434,399
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$882,998
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$121,364
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$107,894
Contract administrator fees	2021-12-31	$34,889
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	2021-12-31	Yes
Did the plan have assets held for investment	2021-12-31	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	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Disclaimer
Accountancy firm name	2021-12-31	J. W. HUNT AND COMPANY
Accountancy firm EIN	2021-12-31	570138290
2020 : CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total income from all sources (including contributions)	2020-12-31	$1,108,176
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$845,604
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$796,534
Value of total corrective distributions	2020-12-31	$6,854
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$407,962
Value of total assets at end of year	2020-12-31	$8,310,857
Value of total assets at beginning of year	2020-12-31	$8,048,285
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$42,216
Total interest from all sources	2020-12-31	$6,571
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$191,721
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$191,721
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$500,000
If this is an individual account plan, was there a blackout period	2020-12-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$297,314
Participant contributions at end of year	2020-12-31	$142,333
Participant contributions at beginning of year	2020-12-31	$121,987
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$262,572
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$8,310,857
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$8,048,285
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Investment advisory and management fees	2020-12-31	$39,631
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$4,734,125
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$4,250,823
Interest on participant loans	2020-12-31	$6,571
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2020-12-31	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2020-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2020-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2020-12-31	$3,434,399
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2020-12-31	$3,675,475
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$501,922
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$110,648
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$796,534
Contract administrator fees	2020-12-31	$2,585
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	2020-12-31	Yes
Did the plan have assets held for investment	2020-12-31	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	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	J. W. HUNT AND COMPANY
Accountancy firm EIN	2020-12-31	570138290
2019 : CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total income from all sources (including contributions)	2019-12-31	$1,415,258
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$362,562
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$316,570
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$414,669
Value of total assets at end of year	2019-12-31	$8,048,285
Value of total assets at beginning of year	2019-12-31	$6,995,589
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$45,992
Total interest from all sources	2019-12-31	$8,570
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$228,195
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$228,195
Administrative expenses professional fees incurred	2019-12-31	$4,315
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$500,000
If this is an individual account plan, was there a blackout period	2019-12-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$304,562
Participant contributions at end of year	2019-12-31	$121,987
Participant contributions at beginning of year	2019-12-31	$199,261
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$1,052,696
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$8,048,285
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$6,995,589
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Investment advisory and management fees	2019-12-31	$38,421
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$4,250,823
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$3,836,663
Interest on participant loans	2019-12-31	$8,570
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2019-12-31	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2019-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2019-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2019-12-31	$3,675,475
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2019-12-31	$2,959,665
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$763,824
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$110,107
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$316,570
Contract administrator fees	2019-12-31	$3,256
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	2019-12-31	Yes
Did the plan have assets held for investment	2019-12-31	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	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	J. W. HUNT AND COMPANY
Accountancy firm EIN	2019-12-31	570138290
2018 : CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets	2018-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total income from all sources (including contributions)	2018-12-31	$262,263
Total loss/gain on sale of assets	2018-12-31	$0
Total of all expenses incurred	2018-12-31	$723,068
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$680,079
Expenses. Certain deemed distributions of participant loans	2018-12-31	$3,610
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$385,814
Value of total assets at end of year	2018-12-31	$6,995,589
Value of total assets at beginning of year	2018-12-31	$7,456,394
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$39,379
Total interest from all sources	2018-12-31	$10,330
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2018-12-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$269,492
Participant contributions at end of year	2018-12-31	$199,261
Participant contributions at beginning of year	2018-12-31	$163,564
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$-460,805
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$6,995,589
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$7,456,394
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Investment advisory and management fees	2018-12-31	$36,136
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$3,836,663
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$4,248,340
Interest on participant loans	2018-12-31	$10,330
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2018-12-31	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2018-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2018-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2018-12-31	$2,959,665
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2018-12-31	$3,044,490
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-133,881
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	No
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$116,322
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$680,079
Contract administrator fees	2018-12-31	$3,243
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	2018-12-31	Yes
Did the plan have assets held for investment	2018-12-31	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	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	J. W. HUNT AND COMPANY
Accountancy firm EIN	2018-12-31	570138290
2017 : CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets	2017-12-31	$0
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	$1,006,026
Total loss/gain on sale of assets	2017-12-31	$0
Total of all expenses incurred	2017-12-31	$363,789
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$357,519
Value of total corrective distributions	2017-12-31	$6,270
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$385,715
Value of total assets at end of year	2017-12-31	$7,456,394
Value of total assets at beginning of year	2017-12-31	$6,814,157
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$0
Total interest from all sources	2017-12-31	$6,664
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$63,982
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2017-12-31	$63,982
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$1,000,000
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	$233,484
Participant contributions at end of year	2017-12-31	$163,564
Participant contributions at beginning of year	2017-12-31	$187,180
Income. Received or receivable in cash from other sources (including rollovers)	2017-12-31	$62,632
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	$642,237
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$7,456,394
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$6,814,157
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
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$4,248,340
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$3,674,564
Interest on participant loans	2017-12-31	$6,664
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	$2,952,413
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2017-12-31	$2,952,413
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2017-12-31	$3,044,490
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2017-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$549,665
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
Contributions received in cash from employer	2017-12-31	$89,599
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$357,519
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	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	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	No
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	J. W. HUNT AND COMPANY
Accountancy firm EIN	2017-12-31	570138290
2016 : CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2016 401k financial data
Total income from all sources (including contributions)	2016-12-31	$666,296
Total of all expenses incurred	2016-12-31	$122,867
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$121,598
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$299,766
Value of total assets at end of year	2016-12-31	$6,814,157
Value of total assets at beginning of year	2016-12-31	$6,270,728
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$1,269
Total interest from all sources	2016-12-31	$7,770
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$131,711
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	$131,711
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$3,000,000
If this is an individual account plan, was there a blackout period	2016-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2016-12-31	No
Contributions received from participants	2016-12-31	$217,236
Participant contributions at end of year	2016-12-31	$187,180
Participant contributions at beginning of year	2016-12-31	$197,528
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	$543,429
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$6,814,157
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$6,270,728
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
Investment advisory and management fees	2016-12-31	$1,269
Value of interest in registered invesment companies (eg mutual funds) at end of year	2016-12-31	$3,674,564
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2016-12-31	$3,851,223
Interest on participant loans	2016-12-31	$7,770
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2016-12-31	$2,952,413
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2016-12-31	$2,221,977
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2016-12-31	$2,221,977
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-12-31	$227,049
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
Contributions received in cash from employer	2016-12-31	$82,530
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$121,598
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	2016-12-31	No
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	J. W. HUNT AND COMPANY, LLP.
Accountancy firm EIN	2016-12-31	570138290
2015 : CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2015 401k financial data
Total income from all sources (including contributions)	2015-12-31	$243,852
Total of all expenses incurred	2015-12-31	$186,562
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-12-31	$185,427
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-12-31	$309,262
Value of total assets at end of year	2015-12-31	$6,270,728
Value of total assets at beginning of year	2015-12-31	$6,213,438
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-12-31	$1,135
Total interest from all sources	2015-12-31	$5,781
Total dividends received (eg from common stock, registered investment company shares)	2015-12-31	$174,178
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	$174,178
Was this plan covered by a fidelity bond	2015-12-31	Yes
Value of fidelity bond cover	2015-12-31	$3,000,000
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	$225,409
Participant contributions at end of year	2015-12-31	$197,528
Participant contributions at beginning of year	2015-12-31	$106,740
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	$57,290
Value of net assets at end of year (total assets less liabilities)	2015-12-31	$6,270,728
Value of net assets at beginning of year (total assets less liabilities)	2015-12-31	$6,213,438
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
Investment advisory and management fees	2015-12-31	$1,135
Value of interest in registered invesment companies (eg mutual funds) at end of year	2015-12-31	$3,851,223
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2015-12-31	$4,355,630
Interest on participant loans	2015-12-31	$5,781
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2015-12-31	$2,221,977
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2015-12-31	$1,751,068
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2015-12-31	$1,751,068
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2015-12-31	$-245,369
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	$83,853
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-12-31	$185,427
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	2015-12-31	No
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	J.W. HUNT AND COMPANY, LLP.
Accountancy firm EIN	2015-12-31	570138290
2014 : CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2014 401k financial data
Total income from all sources (including contributions)	2014-12-31	$575,743
Total of all expenses incurred	2014-12-31	$65,473
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$61,951
Expenses. Certain deemed distributions of participant loans	2014-12-31	$1,323
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$300,637
Value of total assets at end of year	2014-12-31	$6,213,438
Value of total assets at beginning of year	2014-12-31	$5,703,168
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$2,199
Total interest from all sources	2014-12-31	$4,989
Total dividends received (eg from common stock, registered investment company shares)	2014-12-31	$209,389
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	$209,389
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$3,000,000
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	$218,520
Participant contributions at end of year	2014-12-31	$106,740
Participant contributions at beginning of year	2014-12-31	$130,470
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	$510,270
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$6,213,438
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$5,703,168
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
Investment advisory and management fees	2014-12-31	$2,199
Value of interest in registered invesment companies (eg mutual funds) at end of year	2014-12-31	$4,355,630
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2014-12-31	$3,399,874
Interest on participant loans	2014-12-31	$4,989
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2014-12-31	$1,751,068
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2014-12-31	$2,172,824
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2014-12-31	$2,172,824
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2014-12-31	$60,728
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	$82,117
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$61,951
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	2014-12-31	No
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	J.W. HUNT AND COMPANY, LLP
Accountancy firm EIN	2014-12-31	570138290
2013 : CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2013 401k financial data
Total income from all sources (including contributions)	2013-12-31	$822,838
Total of all expenses incurred	2013-12-31	$736,466
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$725,540
Expenses. Certain deemed distributions of participant loans	2013-12-31	$9,189
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$294,104
Value of total assets at end of year	2013-12-31	$5,703,169
Value of total assets at beginning of year	2013-12-31	$5,616,797
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$1,737
Total interest from all sources	2013-12-31	$5,195
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$115,879
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	$115,879
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$3,000,000
If this is an individual account plan, was there a blackout period	2013-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Contributions received from participants	2013-12-31	$216,366
Participant contributions at end of year	2013-12-31	$130,470
Participant contributions at beginning of year	2013-12-31	$129,688
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	$86,372
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$5,703,169
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$5,616,797
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	$1,737
Value of interest in registered invesment companies (eg mutual funds) at end of year	2013-12-31	$3,399,875
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2013-12-31	$4,480,831
Interest on participant loans	2013-12-31	$5,195
Value of interest in common/collective trusts at end of year	2013-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2013-12-31	$2,172,824
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2013-12-31	$1,006,278
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2013-12-31	$1,006,278
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2013-12-31	$407,660
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	$77,738
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$725,540
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	No
Opinion of an independent qualified public accountant for this plan	2013-12-31	Disclaimer
Accountancy firm name	2013-12-31	J.W. HUNT AND COMPANY, LLP.
Accountancy firm EIN	2013-12-31	570138290
2012 : CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2012 401k financial data
Total income from all sources (including contributions)	2012-12-31	$798,470
Total of all expenses incurred	2012-12-31	$568,013
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$553,177
Expenses. Certain deemed distributions of participant loans	2012-12-31	$12,592
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$291,048
Value of total assets at end of year	2012-12-31	$5,616,797
Value of total assets at beginning of year	2012-12-31	$5,386,340
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$2,244
Total interest from all sources	2012-12-31	$4,782
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$152,206
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	$152,206
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$3,000,000
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Contributions received from participants	2012-12-31	$212,026
Participant contributions at end of year	2012-12-31	$129,688
Participant contributions at beginning of year	2012-12-31	$117,609
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	$230,457
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$5,616,797
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$5,386,340
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	$2,244
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-12-31	$4,480,831
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-31	$3,974,423
Interest on participant loans	2012-12-31	$4,782
Value of interest in common/collective trusts at end of year	2012-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2012-12-31	$1,006,278
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2012-12-31	$1,294,308
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2012-12-31	$1,294,308
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2012-12-31	$350,434
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	$79,022
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$553,177
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	J.W. HUNT AND COMPANY, LLP.
Accountancy firm EIN	2012-12-31	570138290
2011 : CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2011 401k financial data
Total income from all sources (including contributions)	2011-12-31	$306,666
Total of all expenses incurred	2011-12-31	$85,921
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$65,592
Expenses. Certain deemed distributions of participant loans	2011-12-31	$19,699
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$316,508
Value of total assets at end of year	2011-12-31	$5,386,340
Value of total assets at beginning of year	2011-12-31	$5,165,595
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$630
Total interest from all sources	2011-12-31	$5,599
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$103,440
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	$103,440
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$3,000,000
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Contributions received from participants	2011-12-31	$234,779
Participant contributions at end of year	2011-12-31	$117,609
Participant contributions at beginning of year	2011-12-31	$145,211
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	$220,745
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$5,386,340
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$5,165,595
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
Investment advisory and management fees	2011-12-31	$630
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$3,974,423
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$4,080,961
Interest on participant loans	2011-12-31	$5,599
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2011-12-31	$1,294,308
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2011-12-31	$939,423
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2011-12-31	$939,423
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-118,881
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	$81,729
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$65,592
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	J.W. HUNT AND COMPANY, LLP.
Accountancy firm EIN	2011-12-31	570138290
2010 : CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2010 401k financial data
Total income from all sources (including contributions)	2010-12-31	$703,181
Total of all expenses incurred	2010-12-31	$225,700
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$215,025
Expenses. Certain deemed distributions of participant loans	2010-12-31	$7,203
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$311,468
Value of total assets at end of year	2010-12-31	$5,165,595
Value of total assets at beginning of year	2010-12-31	$4,688,114
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$3,472
Total interest from all sources	2010-12-31	$5,474
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$159,900
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	$159,900
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$3,000,000
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Contributions received from participants	2010-12-31	$234,038
Participant contributions at end of year	2010-12-31	$145,211
Participant contributions at beginning of year	2010-12-31	$119,160
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	$477,481
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$5,165,595
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$4,688,114
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	$3,472
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$4,080,961
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$3,444,833
Interest on participant loans	2010-12-31	$5,474
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2010-12-31	$939,423
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2010-12-31	$1,124,121
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2010-12-31	$1,124,121
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$226,339
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	$77,430
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$215,025
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	J.W. HUNT AND COMPANY, LLP.
Accountancy firm EIN	2010-12-31	570138290

Form 5500 Responses for CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN

2022: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Insurance	Yes
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement – Insurance	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Insurance	Yes
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement – Insurance	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Insurance	Yes
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement – Insurance	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Insurance	Yes
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement – Insurance	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Insurance	Yes
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement – Insurance	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) 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	No
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 – Insurance	Yes
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement – Insurance	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: CAROLINA BANK & TRUST COMPANY PROFIT SHARING AND 401(K) PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )

Policy contract number

781148-01

Policy instance

Insurance contract or identification number	781148-01
Number of Individuals Covered	42
Insurance policy start date	2022-01-01
Insurance policy end date	2022-12-31
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )

Policy contract number

MR 62711-1

Policy instance

Insurance contract or identification number	MR 62711-1
Number of Individuals Covered	111
Insurance policy start date	2021-01-01
Insurance policy end date	2021-12-31
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )

Policy contract number

MR 62711-1

Policy instance

Insurance contract or identification number	MR 62711-1
Number of Individuals Covered	111
Insurance policy start date	2020-01-01
Insurance policy end date	2020-12-31
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )

Policy contract number

MR 62711-1

Policy instance

Insurance contract or identification number	MR 62711-1
Number of Individuals Covered	88
Insurance policy start date	2019-01-01
Insurance policy end date	2019-12-31
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )

Policy contract number

MR 62711-1

Policy instance

Insurance contract or identification number	MR 62711-1
Number of Individuals Covered	91
Insurance policy start date	2018-01-01
Insurance policy end date	2018-12-31
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )

Policy contract number

MR 62711-1

Policy instance

Insurance contract or identification number	MR 62711-1
Number of Individuals Covered	96
Insurance policy start date	2017-01-01
Insurance policy end date	2017-12-31
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

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Company Name:	CAROLINA BANK & TRUST COMPANY
Employer identification number (EIN):	570294574
NAIC Classification:	522110
NAIC Description:	Commercial Banking