TellerScore

First Carolina Bank is a state-chartered bank headquartered in Rocky Mount, North Carolina, in business for about 26 years. At the end of Q2 2026 it reported $3.4B in total assets and $2.9B in deposits, with 9 offices across 4 states.

Based on its Q2 2026 filing, First Carolina Bank scores 66/100, which we describe as moderate. That is higher than only 40% of 897 banks with $1 billion – $10 billion. Among 38 banks headquartered in North Carolina, it ranks 26th. Its strongest component is problem-loan coverage (91/100; 4.7%), and its lowest is earnings (51/100; 0.78%).

TellerScore · Q2 2026

Scorecard

Capital cushion64/100
Tier 1 leverage ratio: 11.36%
Loan quality73/100
Noncurrent loans ÷ total loans: 0.81%
Earnings51/100
Return on assets (annualized): 0.78%
Funding & liquidity62/100
Loans ÷ deposits and uninsured-deposit share: 94.8% · 17.7% uninsured
Problem-loan coverage91/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 4.66%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

From Q2 2025 to Q2 2026, the score rose 4 points (62 → 66), mostly because the capital cushion component improved by 13 points.

TellerScore
586571Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
Show as table
QuarterTellerScore
Q2 202468
Q3 202468
Q4 202471
Q1 202564
Q2 202562
Q3 202558
Q4 202559
Q1 202663
Q2 202666
Tier 1 leverage ratio
5.00%8.93%12.85%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
Show as table
QuarterTier 1 leverage ratio
Q2 202411.85%
Q3 202411.56%
Q4 202412.85%
Q1 202510.27%
Q2 202510.10%
Q3 20259.23%
Q4 20259.68%
Q1 202610.04%
Q2 202611.36%
Noncurrent loans
0.66%0.78%0.90%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
Show as table
QuarterNoncurrent loans
Q2 20240.68%
Q3 20240.66%
Q4 20240.67%
Q1 20250.66%
Q2 20250.90%
Q3 20250.83%
Q4 20250.81%
Q1 20260.83%
Q2 20260.81%
Return on assets
0.44%0.63%0.83%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
Show as table
QuarterReturn on assets
Q2 20240.82%
Q3 20240.81%
Q4 20240.83%
Q1 20250.74%
Q2 20250.72%
Q3 20250.44%
Q4 20250.51%
Q1 20260.83%
Q2 20260.78%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202666$3.4B11.36%0.81%0.78%94.8%
Q1 202663$3.4B10.04%0.83%0.83%89.6%
Q4 202559$3.3B9.68%0.81%0.51%93.8%
Q3 202558$3.5B9.23%0.83%0.44%86.8%
Q2 202562$3.4B10.10%0.90%0.72%90.8%
Q1 202564$3.2B10.27%0.66%0.74%96.7%
Q4 202471$3.0B12.85%0.67%0.83%102.1%
Q3 202468$3.1B11.56%0.66%0.81%99.8%
Q2 202468$3.0B11.85%0.68%0.82%99.3%

897 peers · $1 billion – $10 billion

How it compares with peers

Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio11.36%
67th
Total risk-based capital13.72%
51st
Problem loans0.81%
34th
Net charge-offs0.00%
79th
Return on assets0.78%
18th
Net interest margin3.39%
31st
Efficiency ratio74.6%
14th
Loans to deposits94.8%
27th
Uninsured deposits17.7%
87th
Loan-loss reserves0.80%
15th
Texas ratio4.7%
41st

Similar-size banks in North Carolina

InstitutionScoreAssetsCapitalProblem loansCompare
HomeTrust BankBank Asheville, NC68 out of 100, Moderate$4.4B12.9%1.40%vs
The Fidelity BankBank Fuquay Varina, NC78 out of 100, Strong$4.7B11.5%0.42%vs
Peoples BankBank Newton, NC75 out of 100, Strong$1.8B11.5%0.41%vs
Providence BankBank Rocky Mount, NC82 out of 100, Strong$1.5B12.2%0.12%vs
Southern Bank and Trust CompanyBank Mount Olive, NC70 out of 100, Strong$5.3B9.6%0.12%vs
North State BankBank Raleigh, NC61 out of 100, Moderate$1.5B8.5%0.17%vs

Deposit insurance

Is my money safe at First Carolina Bank?

Yes. First Carolina Bank is an FDIC-insured institution (FDIC certificate #35530). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 17.7% of deposits ($508.5M) are above the $250,000 FDIC insurance limit, below the peer median of 31%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 11.36%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 13.72% (benchmark: 10%).

Check how much of your own balance is covered

9 locations

Branches

First Carolina Bank lists 9 offices in 9 cities across 4 states. Most locations:

All branch addresses and map

HMDA 2025

Mortgage lending

In 2025, First Carolina Bank reported 129 home-loan applications under HMDA (LEI 54930066LN6QXNO8TY84): 104 originated ($185,430,000 total), 7 denied, and 5 withdrawn or closed by the applicant. Its denial rate on decided applications was 5.6%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

Identity & history

Profile

Legal name
First Carolina Bank
Former names
First Carolina State bank; First Carolina State Bank
Type
State-chartered bank
FDIC certificate #
35530
RSSD ID
2963266
Primary regulator
FDIC
Holding company
First Carolina Finl Services
Established
November 29, 2000
Headquarters
171 N Winstead Ave, Rocky Mount, NC 27804
Employees
272

Quick answers

First Carolina Bank: common questions

Is First Carolina Bank FDIC insured?

Yes. First Carolina Bank is an FDIC-insured institution (FDIC certificate #35530). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is First Carolina Bank's TellerScore?

66 out of 100 (Moderate), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

Has First Carolina Bank ever failed?

There is no failure record for FDIC certificate #35530 in the FDIC failed bank list.

How many branches does First Carolina Bank have?

9 offices as of the latest FDIC data, in 4 states.

Nearby

Highest-scoring banks and credit unions with branches near Rocky Mount

InstitutionScoreAssetsCapitalProblem loansCompare
Providence BankBank Rocky Mount, NC82 out of 100, Strong$1.5B12.2%0.12%vs
United BankBank Fairfax, VA74 out of 100, Strong$33.6B11.6%0.44%vs
Centra Credit UnionCredit union Columbus, IN73 out of 100, Strong$2.4B12.3%0.96%vs
The First Bank and Trust CompanyBank Lebanon, VA72 out of 100, Strong$4.3B10.1%0.28%vs
Southern Bank and Trust CompanyBank Mount Olive, NC70 out of 100, Strong$5.3B9.6%0.12%vs
KS Bank, Inc.Bank Smithfield, NC69 out of 100, Moderate$874.5M9.0%0.12%vs