During the corresponding time, Communityone Bancorp recorded a revenue increase by 5.39 % year on year, sequentially revenue fell by -6.9 %. While revenue at the Communityone Bancorp's corporate clients
Communityone Bancorp's Comment on Sales, Marketing and Customers
We operate in a relatively small market area, which extends from the central and
southern Piedmont and Sandhills of North Carolina to the mountains of western
North Carolina, in addition to Charleston, S.C. Furthermore, we lend primarily
to individuals and to small and medium-sized businesses in those or adjacent markets.
Thus, we are exposed to greater risk than banks that lend to larger commercial
enterprises or have a bigger market footprint. We manage our credit exposure through
careful monitoring of our borrowers and loan concentrations and through rigorous
application and review procedures.