LifeStore Bank

West Jefferson, NC
IDRSSD: 715872
Total Assets
$497.36M
Latest filing
Total Deposits
$439.37M
Latest filing
Net Interest Margin
3.63%
Profitability

Routing numbers

Primary routing transit numbers associated with this institution.

253171676WEST JEFFERSON, NC

Key People

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Locations

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Main Office
LifeStore Bank
205 S Jefferson Ave
West Jefferson, NC 28694
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/01/1939FDIC Certificate 44051

Branches (3)

Page 1 of 1
NameAddressCity / State
LifeStore Bank (Main)205 S Jefferson AveWest Jefferson, NC
JEFFERSON BRANCH840 E Main StJefferson, NC
BOONE BRANCH1675 Blowing Rock RdBoone, NC
1441 MOUNT JEFFERSON ROAD BRANCH1441 Mount Jefferson RdWest 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

Institution Profile

Institution ClassCommercial bank, state charter, Fed member, supervised by FRB
Primary RegulatorFED
Established Date01/01/1939
Community BankYes
Ownership TypeNot Mutual
ZIP28694
State and County Number37009
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number05
Numeric code13
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictAtlanta
Core Based Statistical Area NameN/A

Operational Info

Number of Employees70
Domestic Offices4
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance08/09/1989
Primary Insurance AgencyDIF
Websitewww.golifestore.com
Data Updated01/30/2026
CERT31217
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$497.36M
Total Deposits$439.37M
Total Liabilities$443.88M
Total Equity Capital$53.48M
Net Income$1.36M
Net Loans and Leases$302.44M
Assets Per Employee ($Millions)$7.21M
Bank Premises and Fixed Assets$11.86M
Cash and Balances due from Depository Institutions$57.69M
Deposits Held in Domestic Offices$439.37M

Key Performance Ratios

Return on Assets (ROA)1.11%
Return on Equity (ROE)10.36%
Net Interest Margin3.63%
Efficiency Ratio63.64%
Tier 1 Risk-Based Capital Ratio18.66%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.08%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets10.753%
Earning Assets to total Assets93.38%

Income and Expense

Total Interest Income$6.39M
Total Noninterest Income$585.00k
Total Interest Expense$2.22M
Total Noninterest Expense$3.03M
Net Interest Income$4.17M
Pre-tax Net Operating Income$1.63M
Provision for Credit Losses$99.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
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$4.51M
Total Liabilities and Capital$497.36M

Securities

Securities$108.29M
Available-for-sale debt securities$108.22M
Equity securities with readily determinable fair values not held for trading
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?
$497.36M as of the latest filing.
How much are LifeStore Bank's total deposits?
$439.37M in total deposits.
Where is LifeStore Bank located?
West Jefferson, NC.
What is the Net Interest Margin?
3.63%.
How many domestic offices does it operate?
4.
When was it established?
01/01/1939.
What is the Return on Assets (ROA)?
1.11%.
How much are total loans and leases?
$302.44M (latest filing).
What is the total interest income (latest filing)?
$6.39M.