What KS Bank does

KS Bank, founded in 1924 in Smithfield, North Carolina, is a community bank operating 11 financial centers across North Carolina's Triangle East region (Johnston, Harnett, Wayne, Nash, Wake, and Wilson counties) under publicly traded holding company KS Bancorp, Inc. (OTC Pink: KSBI). It serves local families, individuals, and small-to-mid-sized businesses with a full suite of personal banking (checking, savings, money market, CDs, IRAs, HSAs, consumer loans, credit cards, student banking), business banking (checking, savings, loans, merchant services, payroll, payroll card accounts, cash management, remote deposit, employee benefits via a Triangle Insurance and Benefits partnership), mortgage lending (purchase, refinance, construction-to-permanent, renovation, FHA/VA/USDA government, non-conforming), and wealth management through the Kestrel Wealth Management division (trust, investment management, retirement planning, 401k administration via PCS/EPIC Retirement, and MoneyGuidePro-based financial planning).

The bank's technology stack is built primarily on third-party vendor integrations rather than proprietary platforms: a digital banking platform and iOS/Android mobile app (with debit card management, mobile deposit, and electronic budgeting tools), ProfitStars for remote deposit capture and loan payments, TrustReporter for trust account access, MortgageWebCenter for loan originations, and digital wallet support (Apple Pay, Google Pay). Fraud detection is delivered through transaction monitoring with SMS/email/phone notifications and temporary card blocking. The bank is FDIC-insured, an Equal Housing Lender, and USA PATRIOT Act Section 326 compliant.

KS Bank generates revenue primarily through net interest income from its $687.5M net loan portfolio funded by $799.2M in deposits (Q1 2026 NII of $7.8M, up 23.1% YoY), supplemented by transaction and service fees on deposit accounts, electronic and merchant banking, payroll services, and professional fee income from Kestrel Wealth Management. Q1 2026 net income reached $2.6M, up 25% YoY, while total assets grew to $874.1M (+6.3% YTD). The go-to-market model is community-led relationship banking delivered through the branch network, supported by organic social, community sponsorships, earned media, and an educational content/learning center; pricing is quote-based through branch and relationship manager consultations rather than publicly published.

Name

KS Bank

Legal name

KS Bancorp, Inc.

Website

https://ksbankinc.com

Company type

Public

Founded year

1924

Operating status

Operating

Headcount range

101–250 employees

Short description

KS Bank is a community bank founded in 1924, operating 11 financial centers across North Carolina's Triangle East region, serving local families, individuals, small businesses, and nonprofits with personal banking, business banking, mortgage, and wealth management services under holding company KS Bancorp (OTC: KSBI).

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Savings Institutions and Other Depository Credit Intermediation (52218)

SIC

Savings Institutions, Not Federally Chartered (6036)

akta.pro primary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

akta.pro secondary industries

SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC), SME Sector/Specialty Banking (Vertical-focused: Healthcare, Agri, Tech, etc.) (FSABABAI), Bank-Affiliated Retail Wealth Management (FSAAAAAB)

Keywords

• Community banking services
• Personal banking products
• Business banking solutions
• Mortgage lending services
• Wealth management services

Headquarters

HQ city

Smithfield

HQ country

United States

HQ region

North America

Offices8 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Net Interest Income: Primary revenue source from interest earned on loans (including mortgage, consumer, and business loans) minus interest paid on deposits. For Q1 2026, net interest income was $7.8 million, representing 23.1% year-over-year growth.
2. Banking Fees and Service Charges: Fees from deposit accounts, electronic banking services, merchant services, payroll services, and other banking operational fees
3. Wealth Management Services: Trust and wealth management services through Kestrel Wealth Management division, including investment management, retirement planning, and estate planning

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels7 records

Core offering

KS Bank is a community bank providing personal banking products (checking, savings, money market, CDs, IRAs, consumer loans, credit cards, student banking, HSAs), business banking solutions (business checking/savings, business loans, merchant services, payroll services, cash management, remote deposit, employee benefits), residential mortgage lending (purchase, refinance, construction-to-permanent, home renovation, FHA/VA/USDA, non-conforming), and wealth management services through the Kestrel Wealth Management division (retirement planning, financial planning, trust services). Products are delivered through 11 physical financial centers in North Carolina's Triangle East region complemented by digital and mobile banking channels.

Product overview

KS Bank is a community bank offering a comprehensive suite of financial products and services through a platform-plus-branches model. The core banking platform includes Personal Checking, Personal Savings, Money Market, and CDs alongside Electronic & Telephone Banking for personal customers. Business banking comprises Business Checking, Business Savings, Merchant Services, Payroll Services, Cash Management, Remote Deposit, and Employee Benefits. Mortgage products span Purchase Loans, Refinance Loans, Construction-to-Permanent Loans, Home Renovation Loans (including Home Equity and HELOC options), Government Loans (FHA, VA, USDA), and Non-Conforming Loans. Wealth management is delivered through Kestrel Wealth Management (formerly KS Trust), offering Retirement Planning Services and Financial Planning using MoneyGuidePro. The bank operates the KS Bank Mobile App and Digital Banking Platform for online/mobile access, supplemented by an extensive Financial Calculators suite and Learning Center for financial literacy. The company serves customers through 11 physical financial centers across North Carolina.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Checking Personal checking accounts designed for individual banking needs with various features and benefits for day-to-day transactions.
• Personal Savings Savings accounts for individuals to deposit and grow their money securely.
• Money Market Money market deposit accounts offering competitive interest rates with limited check-writing privileges.
• Consumer Loans & Credit Cards Personal loans and credit card products for individual borrowing needs.
• Certificates of Deposit (CDs) Time deposit accounts with fixed terms and guaranteed returns.
• Individual Retirement Accounts (IRAs) Tax-advantaged retirement savings accounts including Traditional and Roth IRAs.
• Student Banking Products Banking products designed for students including checking and savings accounts.
• Health Savings Accounts (HSAs) Tax-advantaged accounts for individuals with high-deductible health plans to save for medical expenses.
• Electronic & Telephone Banking Digital and phone-based banking services enabling customers to manage accounts remotely.
• Business Checking Business deposit accounts designed for business banking needs with various features.
• Business Savings Savings accounts tailored for business entities to deposit excess funds.
• Business Electronic Banking Digital banking platform for businesses to manage finances online.
• Business Loans & Credit Cards Commercial lending products and business credit cards for business financing needs.
• Merchant Services

Quantifiable outcome

• Q1 2026 net income of $2.6M, up 25% year-over-year
• +3 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature4 records

Partnerships

Four partnerships are on record, tiered minor and core.

• NC Rural CenterminorStrategic or Co-development Partner · 1 May 2026KS Bank and NC Rural Center collaborated to help local business Jernigan Furniture expand operations in rural North Carolina
• Triangle Insurance and BenefitscoreStrategic or Co-development PartnerKS Bank partnership with Triangle Insurance and Benefits enables local businesses to offer competitive employee perks and benefits at affordable prices, providing comprehensive business banking and employee benefits solutions
• Johnston County Public Schools Career and Technical Education Workforce ProgramminorStrategic or Co-development PartnerPartnership to support career and technical education workforce development for local students
• Historic Clayton Town Hall DevelopersminorStrategic or Co-development PartnerKS Bank partnered with local developers to revitalize the Historic Clayton Town Hall building, supporting local economic development

Scale indicators11 records

Recent moves11 records

Expansion highlights5 records

Direct peers

• First Bank (North Carolina): First Bank is a North Carolina-chartered community bank serving individuals and small-to-mid-sized businesses across the state with comparable retail, business, and mortgage products. Direct competitor for Triangle East region deposit and loan customers.
• Dogwood State Bank: Dogwood State Bank is a North Carolina community bank with branches across the Triangle region (Raleigh, Cary, etc.), offering similar deposit, lending, and digital banking services to KS Bank's customer base.
• Live Oak Bank: Live Oak Bank is a Wilmington, NC-based digitally-focused community bank serving small businesses nationwide. Comparable community-bank charter with strong digital and SMB focus, operating from a similar North Carolina base.
• Coastal Federal Credit Union: Coastal Federal Credit Union is a North Carolina-based member-owned financial cooperative serving the Triangle area with deposit, loan, and digital services. Competes with KS Bank for retail and SMB banking customers in the same geographic market.

Regional players

• Self-Help Credit Union: Self-Help Credit Union is a Durham, NC-based community development financial institution offering deposit and lending services across North Carolina. Competes with KS Bank in retail and small-business banking with a community-mission overlap.
• Lumbee Guaranty Bank: Lumbee Guaranty Bank is a North Carolina community bank serving southeastern NC with retail and small-business banking. Comparable community-bank charter and product suite, though focused on a different region of the state.

Broad incumbents

• First Citizens BancShares: First Citizens BancShares is a Raleigh, NC-headquartered super-regional bank (NASDAQ: FCNCA) with deep Triangle roots. Larger incumbent that competes with KS Bank for Triangle East deposits, mortgages, and small-business relationships.
• United Community Banks: United Community Banks is a Southeast-focused regional bank holding company with a comparable community-banking model and similar product mix (retail, business, mortgage, wealth). Larger-scale analog demonstrating what scaled Triangle-adjacent community banking looks like.
• Pinnacle Financial Partners: Pinnacle Financial Partners is a Southeast and Mid-South regional bank offering retail, commercial, and wealth services with a community-banking service model. Comparable product suite and SMB focus, though at much larger scale than KS Bank.
• First National Bank of Pennsylvania: First National Bank of Pennsylvania is a mid-sized community bank with retail, business, and wealth management offerings across multiple states. Comparable diversified community-bank model though outside KS Bank's geographic footprint.

Market position

Strengths5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/ksbankinc
• LinkedInlinkedin.com/company/ks-bank-inc.
• Xx.com/ksbankinc

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries2 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about KS Bank