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BankHealth

LIFESTORE BANK

WEST JEFFERSON, NORTH CAROLINA · FDIC Cert #31217

A
Health Score
88/100
$447M
Total Assets
$395M
Total Deposits
17.41%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, LIFESTORE BANK holds a Tier 1 capital ratio of 17.41%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning LIFESTORE BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

1.28%
Nonperforming Loans
Moderate — some loan stress
33.82%
Liquidity Ratio
Strong — can meet withdrawal demands
0.88%
Return on Assets
Low profitability
$395M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

LIFESTORE BANK shows strong financial health indicators. With $447M in assets and a Health Score of 88/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.

Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.

Frequently Asked Questions

LIFESTORE BANK has a Bank Health Score of A (88/100). It holds a Tier 1 capital ratio of 17.41%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

LIFESTORE BANK holds $447M in total assets and $395M in total deposits. It is located in WEST JEFFERSON, NORTH CAROLINA (FDIC Certificate #31217).

LIFESTORE BANK has a Tier 1 capital ratio of 17.41%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 1.28%, and the return on assets is 0.88%.

Yes. LIFESTORE BANK is FDIC-insured (Certificate #31217). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.

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