HomeTrust Bank
Asheville, North Carolina, Buncombe County
$4.4B in total assets, the 322nd largest of 4,309 US banks and 8th of 39 headquartered in North Carolina.
- FDIC certificate
- 27677
- Established
- 1926
- Owned by
- Hometrust Bancshares Inc
- Primary regulator
- FED
- Website
- www.htb.com
At a glance
Compared with 8 banks headquartered in North Carolina with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $4.4B | 75% | $1.6B | |
| Loans | $3.7B | 98% | $1.3B | |
| Deposits | $3.6B | 75% | $1.4B | |
| Return on assets | 1.49% | 75% | 1.20% | |
| Net interest margin | 4.36% | 98% | 3.78% | |
| Efficiency ratio | 59.4% | 38% | 67.7% | |
| Equity to assets | 13.23% | 75% | 9.96% | |
| Loans to deposits | 104% | 98% | 88% |
Growth
Total assets grew 4.7% a year over the last 5 years and 5.1% a year over 10 years, including 2 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Feb 2023 | Quantum National Bank Suwanee, GA | $664M |
| Jan 2017 | TriSummit Bank Kingsport, TN | $353M |
| Aug 2014 | Bank of Commerce Charlotte, NC | $123M |
| May 2014 | Jefferson Federal Bank Morristown, TN | $507M |
| Aug 2013 | BankGreenville Greenville, SC | $105M |
| Oct 2010 | Cherryville Federal Savings and Loan Association Cherryville, NC | $104M |
| Jan 2010 | INDUSTRIAL FEDERAL SAVINGS BANK Lexington, NC | $174M |
| Mar 2005 | Home Savings Bank Eden, NC | $107M |
| Feb 1998 | Shelby Savings Bank Shelby, NC | $108M |
| Oct 1996 | Tryon Federal Savings and Loan Association Tryon, NC | $119M |
Where they operate
33 branches in 19 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Buncombe County, NC | $972M | 13.0% | 4 of 22 |
| Hamblen County, TN | $312M | 22.4% | 2 of 10 |
| Gwinnett County, GA | $252M | 1.0% | 20 of 39 |
| Polk County, NC | $250M | 63.7% | 1 of 2 |
| Rockingham County, NC | $242M | 17.9% | 3 of 9 |
| Haywood County, NC | $212M | 22.8% | 2 of 6 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net loss of 4 branches since 2016 (37 to 33, −10.8%). 6 opened, 7 acquired, 17 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 37 | |||
| 2016 | Opened Roanoke | 1 | 0 | +1 | 38 |
| 2017 | Acquired TriSummit BankOpened Raleigh, closed 3 in Tennessee | 6 | 3 | +3 | 41 |
| 2018 | Opened Cary | 1 | 0 | +1 | 42 |
| 2019 | Closed Kingsport | 0 | 1 | −1 | 41 |
| 2021 | Opened Charlotte and RaleighClosed 10 in 3 states | 2 | 10 | −8 | 33 |
| 2022 | Opened Cornelius | 1 | 0 | +1 | 34 |
| 2023 | Acquired Quantum National Bank | 2 | 0 | +2 | 36 |
| 2025 | Sold 2 branches to Apex BankClosed Raleigh | 0 | 3 | −3 | 33 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 38% | 42% | |
| 1-4 family residential | 25% | 30% | |
| Business (C&I) | 16% | 8% | |
| Construction and land | 10% | 12% | |
| Multifamily | 3% | 6% | |
| Consumer | 1% | 1% | |
| Farmland | 0% | 1% | |
| Other | 7% | 1% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 59% | 49% | |
| Noninterest-bearing | 21% | 28% | |
| Time deposits | 20% | 24% |
Brokered deposits are 3.8% of deposits (peers 3.9%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.77% | 0.16% |
| Net charge-offs, annualized | 0.20% | 0.00% |
| Reserves to loans | 1.06% | 0.84% |
| Leverage ratio | 12.91% | 11.42% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in North Carolina
Largest competitors in Buncombe County, NC
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/hometrust