LifeStore Bank: how it compares with its peers
Against 10 NC banks with half to twice its assets, LifeStore Bank's strongest measure in Q2 2026 is efficiency ratio (60.96% vs. a 67.60% peer median). Its weakest relative measure is assets per employee ($6.6M vs. $8.2M).
| Measure | LifeStore Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.14% | 1.01% | Middle third Ahead of 50% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.76% | 3.65% | Middle third Ahead of 50% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 60.96% | 67.60% | Top third Ahead of 70% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.6M | $8.2M | Middle third Ahead of 40% of peers |
| Loans to deposits Net loans and leases over total deposits. | 74.54% | 82.80% | Context |
What it means for lending operations
Its efficiency ratio of 60.96% is better than the 67.60% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- First Federal Savings Bank of Lincolnton Lincolnton, NC · $486M
- Mechanics & Farmers Bank Durham, NC · $476M
- Triad Business Bank Greensboro, NC · $536M
- Lumbee Guaranty Bank Pembroke, NC · $583M
- Roxboro Savings Bank, SSB Roxboro, NC · $361M
- BlueHarbor Bank Mooresville, NC · $628M
Questions about LifeStore Bank
How big is LifeStore Bank?
LifeStore Bank, established in 1939, is headquartered in West Jefferson, NC. It reported $491M in total assets in its Q2 2026 FDIC call report and operates 4 offices.
What is LifeStore Bank's return on assets?
1.14% annualized in Q2 2026, against a 1.01% median for 10 NC banks with half to twice its assets, ahead of 50% of them.
What is LifeStore Bank's efficiency ratio?
60.96% in Q2 2026: it spent about 61 cents in noninterest expense for each dollar of revenue. The peer median is 67.60%, and lower is better.
Is LifeStore Bank growing its loans?
Net loans grew 9.0% over the year to Q2 2026, while deposits grew 2.3%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are NC banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every North Carolina bank ranked.