Overview / Commentary
NexTier Bank is headquartered in Kittanning and is the 28th largest bank in the state of Pennsylvania. It is also the 602nd largest bank in the nation. It was established in 1897 and as of December of 2020, it had grown to 281 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 Q4 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 7900 |
| Year Established | 1897 |
| Employees | 281 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.87% |
| Return on Equity - YTD | 9.02% |
| Annual Interest Income | $53.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2020vs Q4 2019 | $1.65B$1.40B |
| Loans | Q4 2020vs Q4 2019 | $1.35B$1.16B |
| Deposits | Q4 2020vs Q4 2019 | $1.43B$1.16B |
| Equity Capital | Q4 2020vs Q4 2019 | $156.9MM$142.9MM |
| Loan Loss Allowance | Q4 2020vs Q4 2019 | $11.4MM$8.3MM |
| Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $5.7MM$6.8MM |
| Real Estate Owned | Q4 2020vs Q4 2019 | $102.00K$207.00K |
