Overview / Commentary
NexTier Bank is headquartered in Kittanning and is the 29th largest bank in the state of Pennsylvania. It is also the 607th largest bank in the nation. It was established in 1897 and as of March of 2021, 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 Q1 2021
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 | 1.05% |
| Return on Equity - YTD | 11.18% |
| Annual Interest Income | $13.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2021vs Q1 2020 | $1.72B$1.45B |
| Loans | Q1 2021vs Q1 2020 | $1.42B$1.21B |
| Deposits | Q1 2021vs Q1 2020 | $1.50B$1.19B |
| Equity Capital | Q1 2021vs Q1 2020 | $159.9MM$146.7MM |
| Loan Loss Allowance | Q1 2021vs Q1 2020 | $12.0MM$9.7MM |
| Unbacked Noncurrent Loans | Q1 2021vs Q1 2020 | $4.7MM$7.4MM |
| Real Estate Owned | Q1 2021vs Q1 2020 | $43.00K$67.00K |
