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Aquesta Bank will open Wilmington branch

Feb. 2. Cornelius-based Aquesta Bank will open a full service bank branch in Wilmington, proof, perhaps, that the Aquesta name and logo translates well to an upscale, waterfont-oriented marketplace. Aquesta Financial Holdings officials said they “recently finalized the purchase of a soon-to-be full-service bank branch” in Wilmington. While no other details were immediately available, the […]


Aquesta reports sharply higher second quarter

July 21. Aquesta Financial Holdings reported record operating income for the second quarter of 2015: $590,000 vs. $446,000 during the same quarter last year. Total assets increased to $269.1 million at June 30, compared to $263.6 million at year-end. Total loans increased to $184.1 million at June 30, vs. $172.2 million at the end of 2014. “Our strong […]


Aquesta names City Executive for Concord

June 26. Aquesta Bank has recruited commercial banker Michelle Riley from Bank of North Carolina to be the Concord City Executive for the Cornelius-based bank. “It’s a very attractive market; there are quite a few businesses that are looking to expand there,” said Aquesta CEO Jim Engel. “This [a commercial loan production effort] is a […]