# LIFESTORE BANK
WEST JEFFERSON, NC · FDIC certificate 31217 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. Composite score 0 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $491.3M | |
| Deposits | $429.7M | |
| Loans and leases | $324.8M | |
| Total equity | $55.9M | |
| Loans / deposits | 74.54% (p34 of band) | 82.04% |
| Liquid assets / assets | 28.82% (p61 of band) | |
| Uninsured deposits / deposits | 18.84% (p25 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p11 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 11.92% (p68 of band) | 10.81% |
| Unrealized securities loss / equity | -8.29% (p49 of band) | -8.10% |
| AOCI / equity | -0.79% (p30 of band) | |
| ROA (annualized) | 1.14% (p42 of band) | 1.28% |
| Net interest margin | 3.76% (p41 of band) | 3.91% |
| Efficiency ratio | 60.96% (p49 of band) | |
| Noncurrent loans | 1.11% (p76 of band) | 0.43% |
| Net charge-offs (annualized) | -0.01% (p6 of band) | |
| Reserve coverage of noncurrent | 124.97% | |
| Real estate % of loans | 96% | |
| Construction % of loans | 31.93% (p39 of band) | |
| Auto loans | $157,000 (0.05% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 2.3% | |
| Employees | 74 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | wholesale funding >15%, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 4 | charge-offs p90 |  |
| 2011-09 | 4 | losing money | charge-offs p90 |
| 2011-12 | 3 |  | losing money |
| 2012-03 | 2 |  | construction >100% equity |
| 2012-06 | 2 |  |  |
| 2012-09 | 4 | deposits shrinking, assets shrinking |  |
| 2012-12 | 4 |  |  |
| 2013-03 | 5 | charge-offs p90 |  |
| 2013-06 | 5 | loans exceed deposits | assets shrinking |
| 2013-09 | 5 | noncurrent p90 | deposits shrinking |
| 2013-12 | 4 |  | noncurrent p90 |
| 2014-03 | 3 |  | charge-offs p90 |
| 2014-06 | 5 | charge-offs p90, deposits shrinking |  |
| 2014-09 | 5 |  |  |
| 2014-12 | 4 | uninsured deposits leaving | charge-offs p90, deposits shrinking |
| 2015-03 | 2 |  | loans exceed deposits, uninsured deposits leaving |
| 2015-06 | 2 |  |  |
| 2015-09 | 2 |  |  |
| 2015-12 | 3 | noncurrent p90 |  |
| 2016-03 | 2 |  | noncurrent p90 |
| 2016-06 | 3 | noncurrent p90 |  |
| 2016-09 | 2 |  | noncurrent p90 |
| 2016-12 | 3 | noncurrent p90 |  |
| 2017-03 | 2 |  | noncurrent p90 |
| 2017-06 | 1 |  | wholesale funding >15% |
| 2017-09 | 1 |  |  |
| 2017-12 | 0 |  | reserve under noncurrent |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 1 | capital falling |  |
| 2020-09 | 0 |  | capital falling |
| 2020-12 | 0 |  |  |
| 2021-03 | 1 | capital falling |  |
| 2021-06 | 1 |  |  |
| 2021-09 | 0 |  | capital falling |
| 2021-12 | 0 |  |  |
| 2022-03 | 1 | capital falling |  |
| 2022-06 | 0 |  | capital falling |
| 2022-09 | 0 |  |  |
| 2022-12 | 0 |  |  |
| 2023-03 | 0 |  |  |
| 2023-06 | 1 | charge-offs p90 |  |
| 2023-09 | 1 |  |  |
| 2023-12 | 1 |  |  |
| 2024-03 | 0 |  | charge-offs p90 |
| 2024-06 | 0 |  |  |
| 2024-09 | 0 |  |  |
| 2024-12 | 1 | capital falling |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 0 |  | capital falling |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 0 |  |  |
| 2026-06 | 0 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2021-11-04 [LifeStore Bank expands options with Progress Account - Watauga Democrat](https://news.google.com/rss/articles/CBMi3gFBVV95cUxPRGlRLUFEeEZyQzQ5T2RBUXE1ZzJvS1ZiMnczU09DMExzLTVuZ0lvclMtMERpYWRCSGlfLVc5ZE5GRkoyU2ZmeVY4Uk1Mb2QxWEx3YmgzZ29GcXdHVU81eHBISWN3R0FtT195dFRsaWI4RVZWYVBnNGNZYUdfblJ0NGVHMVhoNHhPYTRlUmt1U2Z0SG5FMV91ZkZPb2RNblpWZG1IYlpqOFpsQTdvMXg4N1JRTjVyRVVwbWh1NGpNc0ZYTjNUMWgxNjBsTmpjeXFiZXFCcml3LXF6MUc5QkE?oc=5) · Watauga Democrat
- 2025-01-08 [LifeStore Bank robbery ends with quick arrest - Ashe Post & Times](https://news.google.com/rss/articles/CBMizgFBVV95cUxOaVBLVlNZMDJlbVE0SldSMUNNTzNNRXpBbER6LWJyZ1JES0pCOFI5bm1LYjBnQXRSRVY5VHFiQThuUUtzWEdIWnE4Mmd6al92Rk8zQWVoN0lXeGlJb0R1cmdTdnVOZXlfOFNOdGxBVDAzTk5rWjkxTGxOVTBsQjg2Rm9FVWFXWVp4bGRiUGV1Q1dkNlhOQklxa1VQSlg4SHB0ZmQwRHVfM2NNNmEwbTJQVzFCbm1wZzZtQXF1REdjamI1dlMtZURKQWt0cGtDZw?oc=5) · Ashe Post & Times
- 2025-07-01 [Local bank CEO takes helm of NC Bankers Association board - The Business Journals](https://news.google.com/rss/articles/CBMiqAFBVV95cUxOeFlLR0tJU2ZqT1Q1b2pQdWZadFZ6TTItczNSWDBxb0RTY3Q3dHVMUFRCNmFwUGlxcVcxVXo0Q2dDaGdJcXhSRXdzRl9hakhqd3RzcGZKZzJuVTJkOXhEbWFxdWEyUGU1YlV0S3E3WlBkckI5NkdVYmkwNW9wLXR3QTkzdVg5dFJoSHRTSVcwRF8wR2xoRXJsNHBEYVBEVV9JeEJDbE1JaVg?oc=5) · The Business Journals
- 2024-06-26 [LifeStore Bank and Insurance named as a Best Employer by Business North Carolina - Watauga Democrat](https://news.google.com/rss/articles/CBMihAJBVV95cUxPbWdRVm4wTUU0Y1VONlROZDhkdXdDek4tQTJXNjN4TEtRWWJYSlFiT2hWRmJSMWtyQ3NJeXVDRWVGYmZQWFFlU3MwZkNTTWZ4Sk41T0pBZDUyUVBjOTJESVI4Y19jakhIcFFFb1V5cFZJY1dzUnVkZk5QQW5EOFFUNU1STGkwVTdScjNLSGg0V21FZGxVREtIMjhPYktRZjBZek5aR0J5X2luMHVONEFDeWVsWFB5aXBHZTVUM0ZSanNhYkZvTjg4ZmdjZlVyVmp6ZE1tVnNFYnlGS0VZRjhOODRLMTByVzlPdTJSRGxKei0wM19VbG5OcnBsUVZDaXBmQnM1cQ?oc=5) · Watauga Democrat
- 2022-06-01 [LifeStore Bank and Insurance announces scholarship winners - Ashe Post & Times](https://news.google.com/rss/articles/CBMi5gFBVV95cUxPaHlXZ21FX05EZU1XejJ1c1g1aVgxVkVOX3BQS1hNdU5rVHFMRE5POThmdlhDdEFPM3ZhdF9oT3RGaHpMa3hTMUFYM0JJbU1qWHZDQXBNTkp0X3VoT0tDQTFJeGxYdE5YUk1ldkU5LTZ1MDdNR0JYend5VkJsbjZwSGxSRF9mSEwwNUlNWnBFNDYtZW9KSkxWdElpcE1GNVAyWWtRdkR4cG1ET1Y3a0VmSnNITENwajBfYjhvRzdjWTlzUGtLaTVIc2dacjM1WFpIXy1mMDJlOVlMMkt0bUZZdm13VDNkdw?oc=5) · Ashe Post & Times
- 2012-06-19 [LifeStore Bank under federal oversight - Watauga Democrat](https://news.google.com/rss/articles/CBMiwwFBVV95cUxPMmpGZGJrNmczZXl1WUVyS1FTN3hiSEZVbk5DeHZHLXhLTWZUZ0RaQWNSZFhNUVJGMHdtRXFycFZyWmk4ZjJQME9fNjZjckQzUFI0eWZZdlNOaGJxMVE3S0FtNkdmRkJtVEZIU2syQVF6aU1RLVhIMHJIREt0X2lDSjU0T2lYajZLZzBnUDcyWHFVR20xcktydThYT3FKOExrUGM1LU0wbG9iZGo3U0ktUDh2b2V0bEI5czJDX2ZUa3N3YW8?oc=5) · Watauga Democrat
- 2026-07-28 [Ashe Chamber celebrates community leaders at 2026 Annual Meeting - Ashe Post & Times](https://news.google.com/rss/articles/CBMi5wFBVV95cUxQUlhNd21IZEJmSFUyTERPZGUyaEtqSlJUWVNfTjFXR21aT2lodzFnem4xLTNtRXA0Q1pzd2I3TGZQTEhEMTN3R1Z6TjFLOC11REt3MU5OQkJNSmd0VDh6YWFJMzE4aW94M2k4aVJCOUdKc3pCYVVQd21pRlphcEhLSUwwYjNLaHFwX3JpLXN5Q0RtYWpHSndmVHVleExRTV9JbzRmODhsLUtCYVJzeWtFWTM5LUNwWWZCUDRCYnNUQTFKVmlYSHliWnZvRlhZR3kzWGdCMW05NXlCQzFWTVNpdUNINDczNWM?oc=5) · Ashe Post & Times
- 2018-11-13 [Future uncertain for Warrensville LifeStore - Ashe Post & Times](https://news.google.com/rss/articles/CBMi0AFBVV95cUxOeTJMZnQtTDhic1lCd2pzNGhMVy1yemktUlIyLW5nRURpUzB4ejFRYnNRZHVLRkZ6VV9qR0lZaTRYSHZMcDVaS2lQUHlmTExQRlh3UmZXcXJndU9jMmxVYUQtbTVIRjRHcklHbnhPcjY1bWRRbnhLUTdnOGQwZG00blpoOUxXcGVHZEJnaWgxZ0J5TTBvYWl0cFFPY1JqNVpqWFlDdUVYQ0NzX0dFb25CZmtpdV9aMld6WDdjaHA3Rm9GVXZYM0lTSlUyVVkwMTZo?oc=5) · Ashe Post & Times

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=31217 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/49.json (key "31217", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide