Bank of Elgin


Overview / Commentary
402-843-2228
101 North 2nd Street
Elgin, NE 68636

Bank of Elgin is headquartered in ELGIN and is the 113th largest bank in the state of Nebraska. It is also the 4,003rd largest bank in the nation. It was established in 1935 and as of March of 2025, it had grown to 10 employees at 1 location. Bank of Elgin has a B+ health rating.

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Health
B+
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Bank of Elgin has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #16154
Year Established1935
Employees10
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.95%
Return on Equity - YTD14.73%
Annual Interest Income$1.1MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$77.5MM$75.5MM
LoansQ1 2025vs Q1 2024$51.2MM$44.8MM
DepositsQ1 2025vs Q1 2024$64.4MM$65.4MM
Equity CapitalQ1 2025vs Q1 2024$10.7MM$9.9MM
Loan Loss AllowanceQ1 2025vs Q1 2024$675K$660K
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$0$0
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates

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Locations


Bank of Elgin Locations
Bank Of Elgin101 N 2nd StElgin, NE 68636

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