SBA lender profile
North State Bank
North State Bank appears in the public SBA loan data with 415 funded 7(a) loans totaling $310.8M, an average of $749K per loan, and an estimated 5,543 jobs supported. Its SBA lending concentrates in North Carolina and the Accommodation and Food Services sector. Across all of its loans in the data, its charge-off rate is 0.7%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
415
Total volume
$310.8M
Average loan size
$749K
Charge-off rate
0.7%
Share of funded loans charged off
Jobs supported (reported)
5,543
Programs
7(a)
Bank profile
via FDIC- Total assets
- $1.5B
- Headquarters
- Raleigh, NC
- FDIC cert
- #35519
- Status
- Active
Where North State Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| North Carolina | 110 | $87.9M |
| Florida | 54 | $48.2M |
| Georgia | 34 | $26.3M |
| Texas | 30 | $20.7M |
| California | 24 | $13.4M |
| Colorado | 10 | $12.5M |
What North State Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 104 | $79.7M |
| Health Care and Social Assistance | 62 | $45.4M |
| Other Services | 40 | $36.1M |
| Construction | 31 | $25.1M |
| Retail Trade | 26 | $18.9M |
| Arts, Entertainment, Recreation | 33 | $17.6M |
North State Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 129 | $95.9M |
| 2021 | 110 | $80.4M |
| 2022 | 40 | $24.1M |
| 2023 | 19 | $11.7M |
| 2024 | 57 | $47.0M |
| 2025 | 41 | $33.2M |
| 2026 | 19 | $18.5M |
Sources and disclaimer. All figures are computed from
the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31),
as described in our methodology.
The charge-off rate is the share of North State Bank's funded loans marked charged off across all of its
loans in the data; it is not a lifetime default rate. SBA Loan Index is not affiliated with the
SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
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