Overview / Commentary
NexTier Bank is headquartered in Kittanning and is the 25th largest bank in the state of Pennsylvania. It is also the 591st largest bank in the nation. It was established in 1897 and as of December of 2019, it had grown to 280 employees at 30 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 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 7900 |
| Year Established | 1897 |
| Employees | 280 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.43% |
| Return on Equity - YTD | 13.49% |
| Annual Interest Income | $58.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $1.40B$1.26B |
| Loans | Q4 2019vs Q4 2018 | $1.16B$1.03B |
| Deposits | Q4 2019vs Q4 2018 | $1.16B$1.10B |
| Equity Capital | Q4 2019vs Q4 2018 | $142.9MM$131.5MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $8.3MM$7.4MM |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $6.8MM$6.5MM |
| Real Estate Owned | Q4 2019vs Q4 2018 | $207.00K$331.00K |
