Bank of Oak Ridge Appoints Darryl Jones to Board of Directors Oak Ridge, NC, Sept. 16, 2025 (GLOBE NEWSWIRE) -- Oak Ridge Financial Services, Inc. (“Oak Ridge”; the “Company”) (OTCPink: BKOR), the parent company of Bank of Oak Ridge (the “Bank”), is pleased to announce the appointment of Darryl Jones to its Board of Directors. Mr. Jones brings more than 35 years of executive experience, with expertise in information technology, enterprise systems, data governance, risk management, and digital transformation.
Bank of Oak Ridge Honors the Retirement of Longstanding Board Member, Steve NealOAK RIDGE, N.C., Sept. 09, 2025 (GLOBE NEWSWIRE) -- Oak Ridge Financial Services, Inc. (“Oak Ridge”; the “Company”) (OTCPink: BKOR), the parent company of Bank of Oak Ridge (the “Bank”), is privileged to announce the retirement of Steve Neal from the Board of Directors. This retirement celebrates the more than 20 years of dedicated service that he provided to the bank, its clients, and the Triad community.
Bank of Oak Ridge Announces Leadership Transitions Reflecting Continued Growth and VisionOAK RIDGE, N.C., Aug. 06, 2025 (GLOBE NEWSWIRE) -- Oak Ridge Financial Services, Inc. (“Oak Ridge”; the “Company”) (OTCPink: BKOR), the parent company of Bank of Oak Ridge (the “Bank”), is pleased to share recent leadership transitions that reflect the organization’s continued growth and long-term strategic vision. Effective July 22nd, 2025, Tom Wayne was promoted to Chair of the Board of Directors, and Doug Boike transitioned into the role of Vice-Chair & Lead Director.
Oak Ridge Financial Services, Inc. Announces New Chief Financial OfficerOAK RIDGE, N.C., July 08, 2024 (GLOBE NEWSWIRE) -- Oak Ridge Financial Services, Inc. (“Oak Ridge”; the “Company”) (OTCPink: BKOR), the parent company of Bank of Oak Ridge (the “Bank”), officially announces the promotion of Kevin Reid to Chief Financial Officer and Senior Vice President.
Oak Ridge Financial Services, Inc. Named to American Banker’s Top 100 Publicly Traded Banks Under $2 Billion in AssetsOAK RIDGE, N.C., June 11, 2024 (GLOBE NEWSWIRE) -- Oak Ridge Financial Services, Inc. (“Oak Ridge”; the “Company”) (OTCPink: BKOR), the parent company of Bank of Oak Ridge (the “Bank”), was included in The American Banker’s Top 100 Publicly Traded Community Banks under $2 billion in assets. The ranking is based on data from year-end 2023 and uses the institutions' three-year average return on average equity, or ROAE, to determine the ranking. Investors frequently use ROAE to analyze business performance and shareholder return. Oak Ridge’s three-year average ROAE for 2021-2023 was 13.25%.
Oak Ridge Financial Services, Inc. Announces Promotions within LeadershipOAK RIDGE, N.C., July 25, 2023 (GLOBE NEWSWIRE) -- Oak Ridge Financial Services, Inc. (“Oak Ridge”; the “Company”) (OTCPink: BKOR), the parent company of Bank of Oak Ridge (the “Bank”), officially announces the promotion of Jeffrey R. Finberg, Marissa S. Parrish, and S. Brady Young to Executive Vice President. The Company also announces the promotion of Mr. Finberg to Chief Credit Officer. These promotions went into effect in March of 2023.
Oak Ridge Financial Services, Inc. Named to American Banker’s Top 200 Publicly Traded Banks Under $2 Billion in AssetsOAK RIDGE, N.C., June 13, 2023 (GLOBE NEWSWIRE) -- Oak Ridge Financial Services, Inc. (“Oak Ridge”; the “Company”) (OTCPink: BKOR), the parent company of Bank of Oak Ridge (the “Bank”), has been recognized as one of American Banker’s Top 200 Publicly Traded Banks Under $2 Billion in Assets in the U.S. for the seventh consecutive year. The rankings are based on three-year return on average equity (ROAE) for 2020 to 2022. Many investors use ROAE to analyze business performance and shareholder return. Oak Ridge’s three-year average ROAE for 2020-2022 was 12.36%, and its ROAE for the year ended December 31, 2022 was 13.09%.
