NEXTIER BANK

National bank with its head office in Kittanning, Pennsylvania, established in 1897 according to the FDIC.

NEXTIER BANK reported total assets of $2.9 bn at Q2 2026, up 3.8% on a year earlier, the 432nd largest of 497 banks in our US coverage. The CET1 capital ratio at NEXTIER BANK was 12.11%, and the uninsured share of NEXTIER BANK was 50.92%. Source: FDIC Call Reports.

Key takeaways

  • On common equity tier 1 (CET1) ratio, NEXTIER BANK climbed from 404th to 322nd among 448 US banks between and (1 = highest; FDIC Call Reports).
  • Since , NEXTIER BANK has taken over 2 institutions; the latest was Mars Bank on (FDIC Call Reports).
Total assets
$2.9 bn
+3.8% on a year earlier
Rank 432 of 497 1 = highest
CET1 capital ratio
12.11%
+0.77 pp on a year earlier
Rank 322 of 448 1 = highest
Return on equity
13.27%
-0.27 pp on a year earlier
Rank 198 of 500 1 = highest
Uninsured share of deposits
50.92%
+3.43 pp on a year earlier
Rank 75 of 500 1 = highest

What sets NEXTIER BANK apart

How large is NEXTIER BANK?

The balance sheet of NEXTIER BANK at : assets $2.9 bn, deposits $2.5 bn, net loans $2.2 bn (loans equal to 85.86% of deposits). Securities make up 13.0% of total assets at NEXTIER BANK. Since , when NEXTIER BANK held $1.1 bn, its assets grew 156.3%. In the year to , deposits at NEXTIER BANK rose 4.3% while its total assets rose 3.8%. At , NEXTIER BANK employed 313 full-time equivalent staff across 34 offices, about $9.4 mn of assets per employee and $74.8 mn of deposits per office.

How much funding at NEXTIER BANK is uninsured?

At NEXTIER BANK, uninsured deposits (above the FDIC limit) made up 50.92% of domestic deposits at (+3.43 pp on a year earlier); NEXTIER BANK ranks 75th of 500 on this measure. In dollars, NEXTIER BANK estimated $1.3 bn of uninsured deposits.

Key facts, Q2 2026

MetricValueChange from a year earlierUS rank
Total deposits$2.5 bn+4.3%414th of 499
Net loans and leases$2.2 bn+2.1%413th of 500
Loan-to-deposit ratio85.86%-1.85 pp265th of 500
Tier 1 leverage ratio9.64%+0.58 pp354th of 500
Total risk-based capital ratio13.27%+0.82 pp333rd of 448
Net interest margin3.69%+0.16 pp229th of 500
Return on assets (ROA)1.38%+0.07 pp204th of 500
Efficiency ratio49.24%-0.54 pp129th of 500 (1 = lowest)
Unrealized gain/loss on available-for-sale securitiesLoss of $8.4 mnNarrowed by $1.8 mn
Noncurrent loans to total loans1.49%+0.41 pp423rd of 500 (1 = lowest)
Net charge-offs to average loans0.00%+0.01 pp46th of 500 (1 = lowest)

US rank of NEXTIER BANK: 1 = highest unless marked 1 = lowest.

Balance sheet

NEXTIER BANK: assets, deposits and loans

USD bn
Total assets, deposits and net loans of NEXTIER BANK each quarter; total assets were $2.9 bn at Q2 2026$705mn$1.3bn$1.9bn$2.5bn$3.1bn20182020202220242026Manor Bank merged inMars Bank merged inTotal assets$2.9bnDeposits$2.5bnNet loans$2.2bnTotal assets, deposits and net loans of NEXTIER BANK each quarter; total assets were $2.9 bn at Q2 2026$705mn$1.5bn$2.3bn$3.1bn20202024
  • Total assets $2.9bn
  • Deposits $2.5bn
  • Net loans $2.2bn
to . FDIC Call Reports.

Capital and securities

The CET1 ratio of NEXTIER BANK stood at 12.11% in , +0.77 pp year on year. Low and high at NEXTIER BANK since : 10.93% () to 14.28% (). Equity capital of NEXTIER BANK at : $311.7 mn, or 10.6% of total assets. NEXTIER BANK also reported a total capital ratio of 13.27% for , and a tier 1 leverage ratio of 9.64%.

The available-for-sale portfolio of NEXTIER BANK showed an unrealized loss of $8.4 mn at ; the loss narrowed by $1.8 mn over the year.

NEXTIER BANK: capital ratios

Percent
CET1, total risk-based capital and tier 1 leverage ratios of NEXTIER BANK, Q1 2016 to Q2 20267.9%9.7%12%13%15%20182020202220242026Total capital13%CET112%Tier 1 leverage9.6%CET1, total risk-based capital and tier 1 leverage ratios of NEXTIER BANK, Q1 2016 to Q2 20267.9%10%13%15%20202024
  • Total capital 13%
  • CET1 12%
  • Tier 1 leverage 9.6%
to . FDIC Call Reports.

NEXTIER BANK: unrealized securities gains and losses

USD bn
Unrealized gains and losses on available-for-sale and held-to-maturity securities of NEXTIER BANK, Q1 2016 to Q2 2026-$31mn-$22mn-$13mn-$4mn$5mn20182020202220242026Held to maturity$0Available for sale-$8mnUnrealized gains and losses on available-for-sale and held-to-maturity securities of NEXTIER BANK, Q1 2016 to Q2 2026-$31mn-$19mn-$7mn$5mn20202024
  • Available for sale -$8mn
  • Held to maturity $0
to . FDIC Call Reports.

Profitability and loan quality

For the year to , NEXTIER BANK earned a return on equity of 13.27%; return on assets: 1.38%. Net interest margin at NEXTIER BANK: 3.69%, +0.16 pp in a year. NEXTIER BANK net income: $20.1 mn, up 7.0% year on year. The efficiency ratio of NEXTIER BANK was 49.24%: about 49 cents cost per revenue dollar, against 57 cents at the median peer.

At , noncurrent loans were 1.49% of total loans at NEXTIER BANK; net charge-offs: 0.00% of average loans. Gross loans and leases at NEXTIER BANK: $2.2 bn, up 2.1% in a year.

NEXTIER BANK: profitability

Percent, annualized
Return on equity, net interest margin and return on assets of NEXTIER BANK, Q1 2016 to Q2 2026-0.9%3.2%7.2%11%15%20182020202220242026Return on equity13%Net interest margin3.7%Return on assets1.4%Return on equity, net interest margin and return on assets of NEXTIER BANK, Q1 2016 to Q2 2026-0.9%4.5%9.9%15%20202024
  • Return on equity 13%
  • Net interest margin 3.7%
  • Return on assets 1.4%
to . FDIC Call Reports.

Peer group of NEXTIER BANK

The peer group of NEXTIER BANK is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 1 shares the charter type of NEXTIER BANK (national bank), 6 sit in the same size group ($1 bn to $10 bn) and 1 has its head office in Pennsylvania. Against them, NEXTIER BANK shows CET1 ratio 12.11% against a peer median of 12.08%, return on equity 13.27% against a peer median of 10.41% and uninsured deposit share 50.92% against a peer median of 35.50%.

BankCharterStateTotal assetsCET1 ratioReturn on equityUninsured share
First Federal Savings and Loan Association of LakewoodFederal savings bankOH$2.9 bn11.93%7.30%19.13%
Minnwest BankState nonmember bankMN$2.9 bn12.08%10.26%26.40%
Bryant BankState nonmember bankAL$2.9 bn18.98%16.94%57.57%
NEXTIER BANKNational bankPA$2.9 bn12.11%13.27%50.92%
Wayne BankState nonmember bankPA$2.9 bn11.09%10.55%37.03%
Cedar Rapids Bank and Trust CompanyState member bankIA$2.9 bn13.15%16.35%33.97%
National Exchange Bank and TrustNational bankWI$2.9 bnnot reported8.80%40.12%

. FDIC Call Reports.

Last eight quarters

Two years at NEXTIER BANK, to : assets +4.7%, deposits +4.7%, equity +16.8%. Staff 292 to 313; offices 33 to 34.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Total assets$2.8 bn$2.9 bn$2.8 bn$2.8 bn$2.9 bn$2.9 bn$2.9 bn$2.9 bn
Total deposits$2.4 bn$2.5 bn$2.5 bn$2.4 bn$2.5 bn$2.5 bn$2.5 bn$2.5 bn
Bank equity capital$266.8 mn$267.3 mn$278.1 mn$286.0 mn$297.4 mn$294.8 mn$301.4 mn$311.7 mn
CET1 ratio11.18%11.54%11.78%11.34%11.58%11.40%11.75%12.11%
Return on equity (ROE)10.00%10.96%12.81%13.54%14.01%14.22%12.31%13.27%
Uninsured share of domestic deposits48.19%49.20%48.01%47.49%50.22%50.15%49.26%50.92%
Full-time equivalent employees292302305299297297308313
Number of offices3334343434343434

FDIC Call Reports.

Mergers and acquisitions

The FDIC history of NEXTIER BANK, oldest first; figures before and after each event are not like for like.

  1. . Absorbed Eureka Bank (FDIC certificate 28135).
  2. . Absorbed Manor Bank (FDIC certificate 7907).
  3. . Absorbed Mars Bank (FDIC certificate 7910).

Questions and identifiers

What were the total assets of NEXTIER BANK?

NEXTIER BANK reported $2.9 bn at in its Call Report. That makes NEXTIER BANK the 432nd largest of 497 banks in our US coverage.

Is NEXTIER BANK the same as its holding company?

No. This page covers NEXTIER BANK, FDIC certificate 7900; NEXTIER INC (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.

Is NEXTIER BANK profitable?

NEXTIER BANK reported net income of $20.1 mn for the year to ; annualized return on equity: 13.27%. So yes: NEXTIER BANK made a profit over these months.

When is data for NEXTIER BANK next updated?

Figures from NEXTIER BANK for are due after .

Where can I check the figures for NEXTIER BANK?

In the FDIC BankFind Suite record for certificate 7900, and in the Call Reports of NEXTIER BANK (RSSD ID 18827) at the FFIEC Central Data Repository.