TellerScore

North State Bank is a state-chartered bank (fed member) headquartered in Raleigh, North Carolina, in business for about 26 years. At the end of Q2 2026 it reported $1.5B in total assets and $1.2B in deposits, with 7 offices.

North State Bank has a TellerScore of 61 out of 100 (moderate) based on Q2 2026 data — higher than only 24% of its 897 banks with $1 billion – $10 billion. Among 38 banks headquartered in North Carolina, it ranks 32nd. Problem-loan coverage contributes the most (97/100, 1.7%); capital cushion contributes the least (35/100, 8.50%).

TellerScore · Q2 2026

Scorecard

Capital cushion35/100
Tier 1 leverage ratio: 8.50%
Loan quality94/100
Noncurrent loans ÷ total loans: 0.17%
Earnings52/100
Return on assets (annualized): 0.79%
Funding & liquidity49/100
Loans ÷ deposits and uninsured-deposit share: 94.2% · 30.9% uninsured
Problem-loan coverage97/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 1.67%

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 (58 → 61), mostly because the funding & liquidity component improved by 12 points.

TellerScore
576063Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202457
Q3 202457
Q4 202458
Q1 202558
Q2 202558
Q3 202561
Q4 202563
Q1 202661
Q2 202661
Tier 1 leverage ratio
5.00%6.88%8.77%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 20247.85%
Q3 20247.90%
Q4 20248.05%
Q1 20258.14%
Q2 20258.37%
Q3 20258.72%
Q4 20258.77%
Q1 20268.51%
Q2 20268.50%
Noncurrent loans
0.12%0.19%0.27%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20240.24%
Q3 20240.27%
Q4 20240.25%
Q1 20250.24%
Q2 20250.24%
Q3 20250.14%
Q4 20250.12%
Q1 20260.13%
Q2 20260.17%
Return on assets
0.71%0.83%0.96%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.74%
Q3 20240.78%
Q4 20240.76%
Q1 20250.71%
Q2 20250.75%
Q3 20250.83%
Q4 20250.96%
Q1 20260.77%
Q2 20260.79%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202661$1.5B8.50%0.17%0.79%94.2%
Q1 202661$1.5B8.51%0.13%0.77%95.3%
Q4 202563$1.4B8.77%0.12%0.96%100.3%
Q3 202561$1.4B8.72%0.14%0.83%101.4%
Q2 202558$1.4B8.37%0.24%0.75%101.2%
Q1 202558$1.4B8.14%0.24%0.71%96.2%
Q4 202458$1.4B8.05%0.25%0.76%98.0%
Q3 202457$1.4B7.90%0.27%0.78%96.4%
Q2 202457$1.4B7.85%0.24%0.74%98.5%

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 ratio8.50%
6th
Total risk-based capital12.07%
32nd
Problem loans0.17%
80th
Net charge-offs-0.03%
97th
Return on assets0.79%
19th
Net interest margin4.00%
68th
Efficiency ratio82.0%
6th
Loans to deposits94.2%
28th
Uninsured deposits30.9%
50th
Loan-loss reserves0.66%
9th
Texas ratio1.7%
74th

Similar-size banks in North Carolina

InstitutionScoreAssetsCapitalProblem loansCompare
Providence BankBank Rocky Mount, NC82 out of 100, Strong$1.5B12.2%0.12%vs
Piedmont Federal Savings BankBank Winston Salem, NC78 out of 100, Strong$1.3B18.6%0.16%vs
Uwharrie BankBank Albemarle, NC74 out of 100, Strong$1.2B10.1%0.11%vs
Peoples BankBank Newton, NC75 out of 100, Strong$1.8B11.5%0.41%vs
First Carolina BankBank Rocky Mount, NC66 out of 100, Moderate$3.4B11.4%0.81%vs
HomeTrust BankBank Asheville, NC68 out of 100, Moderate$4.4B12.9%1.40%vs

Deposit insurance

Is my money safe at North State Bank?

Yes. North State Bank is an FDIC-insured institution (FDIC certificate #35519). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 30.9% of deposits ($379.0M) are above the $250,000 FDIC insurance limit, close to the peer median of 31%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 8.50%, above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 12.07% (benchmark: 10%).

Check how much of your own balance is covered

7 locations

Branches

North State Bank lists 7 offices in 3 cities. Most locations:

All branch addresses and map

HMDA 2025

Mortgage lending

In 2025, North State Bank reported 595 home-loan applications under HMDA (LEI 549300EDXX36BJ0X7583): 501 originated ($197,845,000 total), 13 denied, and 76 withdrawn or closed by the applicant. Its denial rate on decided applications was 2.5%, 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
North State Bank
Type
State-chartered bank (Fed member)
FDIC certificate #
35519
RSSD ID
2915461
Primary regulator
FED
Holding company
North State Bcorp
Established
June 1, 2000
Headquarters
6204 Falls Of The Neuse Road, Raleigh, NC 27609
Employees
196

Quick answers

North State Bank: common questions

Is North State Bank FDIC insured?

Yes. North State Bank is an FDIC-insured institution (FDIC certificate #35519). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is North State Bank's TellerScore?

61 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 North State Bank ever failed?

There is no failure record for FDIC certificate #35519 in the FDIC failed bank list.

How many branches does North State Bank have?

7 offices as of the latest FDIC data.

Nearby

Highest-scoring banks and credit unions with branches near Raleigh

InstitutionScoreAssetsCapitalProblem loansCompare
Mount Vernon Baptist Church Credit UnionCredit union Durham, NC100 out of 100, Very strong$153K37.7%0.00%vs
FSNB, National AssociationBank Lawton, OK96 out of 100, Very strong$478.3M17.5%0.36%vs
Vision Financial Federal Credit UnionCredit union Durham, NC94 out of 100, Very strong$59.5M16.8%0.00%vs
Farmers & Merchants BankBank Granite Quarry, NC90 out of 100, Very strong$998.8M15.3%0.79%vs
Providence BankBank Rocky Mount, NC82 out of 100, Strong$1.5B12.2%0.12%vs
Summit Credit UnionCredit union Greensboro, NC82 out of 100, Strong$368.8M15.4%0.71%vs