LifeStore Bank
West Jefferson, NC
IDRSSD: 715872
Total Assets
$486.65M
Latest filing
Total Deposits
$429.97M
Latest filing
Net Interest Margin
3.84%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
LifeStore Bank
205 S Jefferson Ave
West Jefferson, NC 28694
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1939FDIC Certificate 44051
Branches (3)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| LifeStore Bank (Main) | 205 S Jefferson Ave | West Jefferson, NC |
| JEFFERSON BRANCH | 840 E Main St | Jefferson, NC |
| BOONE BRANCH | 1675 Blowing Rock Rd | Boone, NC |
| 1441 MOUNT JEFFERSON ROAD BRANCH | 1441 Mount Jefferson Rd | West Jefferson, NC |
Showing 3 of 3
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed member, supervised by FRB |
| Primary Regulator | FED |
| Established Date | 01/01/1939 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 28694 |
| State and County Number | 37009 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 05 |
| Numeric code | 13 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Atlanta |
| Core Based Statistical Area Name | N/A |
Operational Info
| Number of Employees | 70 |
| Domestic Offices | 4 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 08/09/1989 |
| Primary Insurance Agency | DIF |
| Website | www.golifestore.com |
| Data Updated | 11/14/2025 |
| CERT | 31217 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $486.65M |
| Total Deposits | $429.97M |
| Total Liabilities | $434.88M |
| Total Equity Capital | $51.77M |
| Net Income | $1.73M |
| Net Loans and Leases | $296.00M |
| Assets Per Employee ($Millions) | $6.95M |
| Bank Premises and Fixed Assets | $10.32M |
| Cash and Balances due from Depository Institutions | $55.88M |
| Deposits Held in Domestic Offices | $429.97M |
Key Performance Ratios
| Return on Assets (ROA) | 1.44% |
| Return on Equity (ROE) | 13.74% |
| Net Interest Margin | 3.84% |
| Efficiency Ratio | 63.47% |
| Tier 1 Risk-Based Capital Ratio | 18.415% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | -0.23% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 10.638% |
| Earning Assets to total Assets | 93.36% |
Income and Expense
| Total Interest Income | $6.46M |
| Total Noninterest Income | $622.00k |
| Total Interest Expense | $2.16M |
| Total Noninterest Expense | $3.12M |
| Net Interest Income | $4.30M |
| Pre-tax Net Operating Income | $2.07M |
| Provision for Credit Losses | $-276,000 |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $4.91M |
| Total Liabilities and Capital | $486.65M |
Securities
| Securities | $107.10M |
| Available-for-sale debt securities | $107.03M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of LifeStore Bank?
$486.65M as of the latest filing.
How much are LifeStore Bank's total deposits?
$429.97M in total deposits.
Where is LifeStore Bank located?
West Jefferson, NC.
What is the Net Interest Margin?
3.84%.
How many domestic offices does it operate?
4.
When was it established?
01/01/1939.
What is the Return on Assets (ROA)?
1.44%.
How much are total loans and leases?
$296.00M (latest filing).
What is the total interest income (latest filing)?
$6.46M.