The Fidelity Bank
Fuquay Varina, North Carolina, Wake County
$4.7B in total assets, the 309th largest of 4,309 US banks and 7th of 39 headquartered in North Carolina.
- FDIC certificate
- 11507
- Established
- 1909
- Owned by
- Fidelity Bancshares N C Inc
- Primary regulator
- FDIC
- Website
- www.fidelitybanknc.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 | $4.7B | 88% | $1.6B | |
| Loans | $2.9B | 75% | $1.3B | |
| Deposits | $4.2B | 88% | $1.4B | |
| Return on assets | 1.78% | 88% | 1.20% | |
| Net interest margin | 4.06% | 75% | 3.78% | |
| Efficiency ratio | 51.5% | 12% | 67.7% | |
| Equity to assets | 10.03% | 50% | 11.10% | |
| Loans to deposits | 70% | 12% | 95% |
Growth
Total assets grew 7.5% a year over the last 5 years and 10.1% a year over 10 years, without acquisitions.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Aug 1996 | Perpetual State Bank Lexington, NC | $47M |
| Oct 1993 | First American Federal Savings Bank Greensboro, NC | $338M |
| Feb 1992 | Granville Federal Savings and Loan Association Oxford, NC | $24M |
| Jun 1970 | Citizens State Bank Biscoe, NC | n/a |
Where they operate
55 branches in 28 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Wake County, NC | $1.3B | 1.2% | 9 of 36 |
| Forsyth County, NC | $261M | 2.4% | 8 of 22 |
| Randolph County, NC | $236M | 11.5% | 5 of 11 |
| Guilford County, NC | $224M | 1.7% | 13 of 22 |
| Gaston County, NC | $220M | 6.3% | 5 of 16 |
| Montgomery County, NC | $219M | 56.1% | 1 of 3 |
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 (59 to 55, −6.8%). 10 opened, 0 acquired, 14 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 59 | |||
| 2016 | Closed Angier | 0 | 1 | −1 | 58 |
| 2018 | Closed 4 in 2 states | 0 | 4 | −4 | 54 |
| 2019 | Closed Fuquay-varina | 0 | 1 | −1 | 53 |
| 2020 | Opened AsheboroClosed 3 in North Carolina | 1 | 3 | −2 | 51 |
| 2021 | Opened Pittsboro | 1 | 0 | +1 | 52 |
| 2022 | Opened 3 in 2 statesClosed 3 in North Carolina | 3 | 3 | 0 | 52 |
| 2024 | Opened 3 in North CarolinaClosed Collinsville | 3 | 1 | +2 | 54 |
| 2025 | Opened Charlotte and HendersonvilleClosed Mount Gilead | 2 | 1 | +1 | 55 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 54% | 40% | |
| Construction and land | 16% | 11% | |
| 1-4 family residential | 15% | 31% | |
| Business (C&I) | 8% | 9% | |
| Multifamily | 3% | 6% | |
| Farmland | 2% | 1% | |
| Consumer | 1% | 1% | |
| Other | 1% | 2% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Noninterest-bearing | 45% | 25% | |
| Other interest-bearing | 41% | 51% | |
| Time deposits | 14% | 25% |
Brokered deposits are 0.0% of deposits (peers 4.3%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.42% | 0.16% |
| Net charge-offs, annualized | 0.06% | 0.00% |
| Reserves to loans | 1.26% | 0.84% |
| Leverage ratio | 11.47% | 11.43% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in North Carolina
Largest competitors in Wake 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/banks/fidelity-bank-fuquay-varina-nc