Overview / Commentary
NexTier Bank is headquartered in Kittanning and is the 25th largest bank in the state of Pennsylvania. It is also the 575th largest bank in the nation. It was established in 1897 and as of June of 2022, it had grown to 272 employees at 31 locations. NexTier Bank has an A health rating.
Reviews (1)
Community Bank
Posted by: 3943911 | Jul 24, 2018
Great community bank. Staff is friendly. Products are as good as large banks. Strong commitment to organizations and non-profits around their branches.
Health
A
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 7900 |
| Year Established | 1897 |
| Employees | 272 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.02% |
| Return on Equity - YTD | 11.27% |
| Annual Interest Income | $28.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $1.90B$1.78B |
| Loans | Q2 2022vs Q2 2021 | $1.43B$1.42B |
| Deposits | Q2 2022vs Q2 2021 | $1.63B$1.56B |
| Equity Capital | Q2 2022vs Q2 2021 | $167.6MM$164.8MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $14.0MM$12.4MM |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $2.6MM$4.6MM |
| Real Estate Owned | Q2 2022vs Q2 2021 | $218.00K$43.00K |
