BlueHarbor Bank: how it compares with its peers
Against 10 NC banks with half to twice its assets, BlueHarbor Bank's strongest measure in Q2 2026 is efficiency ratio (33.60% vs. a 64.28% peer median). Its weakest relative measure is net interest margin (4.26% vs. 3.67%).
| Measure | BlueHarbor Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 2.21% | 1.16% | Top third Ahead of 90% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.26% | 3.67% | Top third Ahead of 80% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 33.60% | 64.28% | Top third Ahead of 100% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $15.0M | $8.0M | Top third Ahead of 100% of peers |
| Loans to deposits Net loans and leases over total deposits. | 96.52% | 73.20% | Context |
What it means for lending operations
Its efficiency ratio of 33.60% is better than the 64.28% 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
- Bank of Oak Ridge Oak Ridge, NC · $658M
- Lumbee Guaranty Bank Pembroke, NC · $583M
- Triad Business Bank Greensboro, NC · $536M
- LifeStore Bank West Jefferson, NC · $491M
- First Federal Savings Bank of Lincolnton Lincolnton, NC · $486M
- Mechanics & Farmers Bank Durham, NC · $476M
Questions about BlueHarbor Bank
How big is BlueHarbor Bank?
BlueHarbor Bank, established in 2008, is headquartered in Mooresville, NC. It reported $628M in total assets in its Q2 2026 FDIC call report and operates 3 offices.
What is BlueHarbor Bank's return on assets?
2.21% annualized in Q2 2026, against a 1.16% median for 10 NC banks with half to twice its assets, ahead of 90% of them.
What is BlueHarbor Bank's efficiency ratio?
33.60% in Q2 2026: it spent about 34 cents in noninterest expense for each dollar of revenue. The peer median is 64.28%, and lower is better.
Is BlueHarbor Bank growing its loans?
Net loans grew 16.2% over the year to Q2 2026, while deposits grew 17.8%.
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.