NexBank
NexBank reported total assets of $14.2 bn at Q2 2026, down 0.2% on a year earlier, the 133rd largest of 497 banks in our US coverage. The CET1 capital ratio at NexBank was 14.92%, and the uninsured share of NexBank was 13.04%. Source: FDIC Call Reports.
Key takeaways
- On return on equity (ROE), NexBank slipped from 132nd to 252nd among 500 US banks between and (1 = highest; FDIC Call Reports).
- NexBank reports one of the lowest net interest margin readings among banks of $10 bn to $100 bn: 2.31% at , where the median of the 126 banks is 3.62% (FDIC Call Reports).
- Over the year to , the bank equity capital of NexBank fell by 7.7% to $1.2 bn, a bigger fall than at 97% of covered banks (FDIC Call Reports).
What sets NexBank apart
How large is NexBank?
The balance sheet of NexBank at : assets $14.2 bn, deposits $11.0 bn, net loans $9.3 bn (loans equal to 84.17% of deposits). Securities make up 17.5% of total assets at NexBank. Since , when NexBank held $3.0 bn, its assets grew 374.6%. In the year to , deposits at NexBank rose 3.3% while its total assets fell 0.2%. At , NexBank employed 103 full-time equivalent staff across 2 offices, about $137.5 mn of assets per employee and $5.5 bn of deposits per office.
How much funding at NexBank is uninsured?
At NexBank, uninsured deposits (above the FDIC limit) made up 13.04% of domestic deposits at (-2.01 pp on a year earlier); NexBank ranks 458th of 500 on this measure. In dollars, NexBank estimated $1.4 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $11.0 bn | +3.3% | 134th of 499 |
| Net loans and leases | $9.3 bn | -2.2% | 133rd of 500 |
| Loan-to-deposit ratio | 84.17% | -4.74 pp | 290th of 500 |
| Tier 1 leverage ratio | 9.07% | -0.75 pp | 423rd of 500 |
| Total risk-based capital ratio | 15.39% | -0.31 pp | 145th of 448 |
| Net interest margin | 2.31% | +0.06 pp | 471st of 500 |
| Return on assets (ROA) | 1.05% | -0.26 pp | 369th of 500 |
| Efficiency ratio | 50.84% | +10.88 pp | 149th of 500 (1 = lowest) |
| Unrealized gain/loss on available-for-sale securities | Loss of $139.7 mn | Narrowed by $8.7 mn | |
| Noncurrent loans to total loans | 1.47% | -0.06 pp | 422nd of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.06% | +0.05 pp | 207th of 500 (1 = lowest) |
US rank of NexBank: 1 = highest unless marked 1 = lowest.
Balance sheet
NexBank: assets, deposits and loans
- Total assets $14.2bn
- Deposits $11.0bn
- Net loans $9.3bn
Capital and securities
The CET1 ratio of NexBank stood at 14.92% in , -0.36 pp year on year. Low and high at NexBank since : 10.94% () to 15.41% (). Equity capital of NexBank at : $1.2 bn, or 8.4% of total assets. NexBank also reported a total capital ratio of 15.39% for , and a tier 1 leverage ratio of 9.07%.
The available-for-sale portfolio of NexBank showed an unrealized loss of $139.7 mn at ; the loss narrowed by $8.7 mn over the year.
NexBank: capital ratios
- Total capital 15%
- CET1 15%
- Tier 1 leverage 9.1%
NexBank: unrealized securities gains and losses
- Available for sale -$140mn
- Held to maturity $0
Profitability and loan quality
For the year to , NexBank earned a return on equity of 12.13%; return on assets: 1.05%. Net interest margin at NexBank: 2.31%, +0.06 pp in a year. NexBank net income: $72.3 mn, down 20.9% year on year. The efficiency ratio of NexBank was 50.84%: about 51 cents cost per revenue dollar, against 46 cents at the median peer.
At , noncurrent loans were 1.47% of total loans at NexBank; net charge-offs: 0.06% of average loans. Gross loans and leases at NexBank: $9.3 bn, down 2.2% in a year.
NexBank: profitability
- Return on equity 12%
- Net interest margin 2.3%
- Return on assets 1.0%
Peer group of NexBank
The peer group of NexBank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 4 share the charter type of NexBank (state nonmember bank), 6 sit in the same size group ($10 bn to $100 bn) and 0 have head offices in Texas. Against them, NexBank shows CET1 ratio 14.92% against a peer median of 13.09%, return on equity 12.13% against a peer median of 12.15% and uninsured deposit share 13.04% against a peer median of 26.74%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Stifel Bank | State member bank | MO | $14.6 bn | 10.65% | 21.10% | 12.49% | |
| ConnectOne Bank | State nonmember bank | NJ | $14.4 bn | 12.31% | 10.13% | 46.70% | |
| Israel Discount Bank of New York | State nonmember bank | NY | $14.4 bn | 14.38% | 7.33% | 50.34% | |
| NexBank | State nonmember bank | TX | $14.2 bn | 14.92% | 12.13% | 13.04% | |
| Comenity Capital Bank | State nonmember bank | UT | $13.9 bn | 12.52% | 12.74% | 8.82% | |
| BMW Bank of North America | State nonmember bank | UT | $13.8 bn | 13.65% | 17.05% | 3.42% | |
| First Bank | State member bank | NC | $13.0 bn | 14.69% | 11.56% | 41.00% | |
. FDIC Call Reports.
Last eight quarters
Two years at NexBank, to : assets +2.5%, deposits +6.3%, equity -9.5%. Staff 104 to 103; offices 3 to 2.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $13.8 bn | $13.9 bn | $13.9 bn | $14.2 bn | $14.4 bn | $13.9 bn | $13.4 bn | $14.2 bn |
| Total deposits | $10.4 bn | $10.3 bn | $10.6 bn | $10.7 bn | $11.3 bn | $10.8 bn | $10.3 bn | $11.0 bn |
| Bank equity capital | $1.3 bn | $1.3 bn | $1.3 bn | $1.3 bn | $1.2 bn | $1.2 bn | $1.2 bn | $1.2 bn |
| CET1 ratio | 14.68% | 14.93% | 15.40% | 15.28% | 15.41% | 14.62% | 15.17% | 14.92% |
| Return on equity (ROE) | 11.13% | 9.72% | 13.75% | 13.95% | 14.54% | 12.89% | 14.63% | 12.13% |
| Uninsured share of domestic deposits | 20.33% | 17.03% | 16.86% | 15.04% | 11.35% | 12.08% | 13.19% | 13.04% |
| Full-time equivalent employees | 104 | 100 | 100 | 100 | 100 | 100 | 103 | 103 |
| Number of offices | 3 | 3 | 3 | 3 | 3 | 3 | 2 | 2 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of NexBank, oldest first; figures before and after each event are not like for like.
- . Absorbed College Savings Bank (FDIC certificate 27041).
Questions and identifiers
What were the total assets of NexBank?
NexBank reported $14.2 bn at in its Call Report. That makes NexBank the 133rd largest of 497 banks in our US coverage.
Is NexBank the same as its holding company?
No. This page covers NexBank, FDIC certificate 29209; SLHC TRUST THE (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is NexBank profitable?
NexBank reported net income of $72.3 mn for the year to ; annualized return on equity: 12.13%. So yes: NexBank made a profit over these months.
When is data for NexBank next updated?
Figures from NexBank for are due after .
Where can I check the figures for NexBank?
In the FDIC BankFind Suite record for certificate 29209, and in the Call Reports of NexBank (RSSD ID 652874) at the FFIEC Central Data Repository.