LifeStore Bank (FDIC certificate #31217) is based in West Jefferson, North Carolina. Its Q2 2026 call report shows $491.3M in total assets and $429.7M in deposits and 4 offices.
Based on its Q2 2026 filing, LifeStore Bank scores 71/100, which we describe as strong. That is higher than only 47% of 2,650 banks with $100 million – $1 billion. Among 38 banks headquartered in North Carolina, it ranks 20th. Its strongest component is problem-loan coverage (88/100; 6.0%), and its lowest is loan quality (63/100; 1.11%).
TellerScore · Q2 2026
Scorecard
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 3 points (68 → 71), mostly because the funding & liquidity component weakened by 7 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 66 |
| Q3 2024 | 65 |
| Q4 2024 | 67 |
| Q1 2025 | 66 |
| Q2 2025 | 68 |
| Q3 2025 | 74 |
| Q4 2025 | 68 |
| Q1 2026 | 69 |
| Q2 2026 | 71 |
Show as table
| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 11.37% |
| Q3 2024 | 11.35% |
| Q4 2024 | 11.20% |
| Q1 2025 | 11.05% |
| Q2 2025 | 11.30% |
| Q3 2025 | 11.46% |
| Q4 2025 | 11.35% |
| Q1 2026 | 11.46% |
| Q2 2026 | 11.92% |
Show as table
| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 1.28% |
| Q3 2024 | 1.26% |
| Q4 2024 | 1.06% |
| Q1 2025 | 1.20% |
| Q2 2025 | 1.15% |
| Q3 2025 | 0.77% |
| Q4 2025 | 1.26% |
| Q1 2026 | 1.20% |
| Q2 2026 | 1.11% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.77% |
| Q3 2024 | 0.71% |
| Q4 2024 | 0.77% |
| Q1 2025 | 0.77% |
| Q2 2025 | 0.99% |
| Q3 2025 | 1.14% |
| Q4 2025 | 1.13% |
| Q1 2026 | 1.07% |
| Q2 2026 | 1.14% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 71 | $491.3M | 11.92% | 1.11% | 1.14% | 74.5% |
| Q1 2026 | 69 | $503.0M | 11.46% | 1.20% | 1.07% | 68.8% |
| Q4 2025 | 68 | $497.4M | 11.35% | 1.26% | 1.13% | 68.8% |
| Q3 2025 | 74 | $486.7M | 11.46% | 0.77% | 1.14% | 68.8% |
| Q2 2025 | 68 | $474.0M | 11.30% | 1.15% | 0.99% | 69.9% |
| Q1 2025 | 66 | $480.1M | 11.05% | 1.20% | 0.77% | 68.2% |
| Q4 2024 | 67 | $466.4M | 11.20% | 1.06% | 0.77% | 68.4% |
| Q3 2024 | 65 | $446.4M | 11.35% | 1.26% | 0.71% | 70.8% |
| Q2 2024 | 66 | $447.4M | 11.37% | 1.28% | 0.77% | 68.2% |
2,650 peers · $100 million – $1 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).
Similar-size banks in North Carolina
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| First Federal Savings Bank of LincolntonBank Lincolnton, NC | 79 out of 100, Strong | $485.8M | 17.6% | 0.46% | vs |
| Mechanics & Farmers BankBank Durham, NC | 64 out of 100, Moderate | $476.0M | 15.1% | 2.39% | vs |
| Triad Business BankBank Greensboro, NC | 52 out of 100, Below average | $536.0M | 10.9% | 1.38% | vs |
| Lumbee Guaranty BankBank Pembroke, NC | 74 out of 100, Strong | $583.5M | 10.7% | 0.37% | vs |
| Roxboro Savings Bank, SSBBank Roxboro, NC | 90 out of 100, Very strong | $360.7M | 19.0% | 0.13% | vs |
| BlueHarbor BankBank Mooresville, NC | 82 out of 100, Strong | $628.4M | 11.8% | 0.00% | vs |
Deposit insurance
Is my money safe at LifeStore Bank?
Yes. LifeStore Bank is an FDIC-insured institution (FDIC certificate #31217). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 18.8% of deposits ($81.0M) are above the $250,000 FDIC insurance limit, below the peer median of 24%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 11.92%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 19.90% (benchmark: 10%).
4 locations
Branches
LifeStore Bank lists 4 offices in 3 cities. Most locations:
- West Jefferson, NC (2)
- Boone, NC (1)
- Jefferson, NC (1)
Identity & history
Profile
- Legal name
- LifeStore Bank
- Former names
- Ashe Federal Bank; Ashe Federal Savings and Loan Association; AF Bank
- Type
- State-chartered bank (Fed member)
- FDIC certificate #
- 31217
- RSSD ID
- 715872
- Primary regulator
- FED
- Holding company
- Asheco Mhc Inc
- Established
- January 1, 1939
- Headquarters
- 205 S Jefferson Ave, West Jefferson, NC 28694
- Website
- www.golifestore.com
- Employees
- 74
Quick answers
LifeStore Bank: common questions
Is LifeStore Bank FDIC insured?
Yes. LifeStore Bank is an FDIC-insured institution (FDIC certificate #31217). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is LifeStore Bank's TellerScore?
71 out of 100 (Strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has LifeStore Bank ever failed?
There is no failure record for FDIC certificate #31217 in the FDIC failed bank list.
How many branches does LifeStore Bank have?
4 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near West Jefferson
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Elizabethton Federal Savings BankBank Elizabethton, TN | 86 out of 100, Very strong | $326.0M | 42.3% | 0.25% | vs |
| Piedmont Federal Savings BankBank Winston Salem, NC | 78 out of 100, Strong | $1.3B | 18.6% | 0.16% | vs |
| New Peoples Bank, Inc.Bank Honaker, VA | 76 out of 100, Strong | $942.5M | 11.2% | 0.45% | vs |
| Carter Bank & TrustBank Martinsville, VA | 76 out of 100, Strong | $4.8B | 11.7% | 1.01% | vs |
| First Community BankBank Bluefield, VA | 75 out of 100, Strong | $3.6B | 10.2% | 0.70% | vs |
| Farmers State BankBank Mountain City, TN | 73 out of 100, Strong | $232.6M | 12.6% | 0.83% | vs |