NexTier Bank is headquartered in KITTANNING and is the 25th largest bank in the state of Pennsylvania. It is also the 560th largest bank in the nation. It was established in 1897 and as of March of 2023, it had grown to 271 employees at 28 locations. NexTier Bank has an A health rating.
Great community bank. Staff is friendly. Products are as good as large banks. Strong commitment to organizations and non-profits around their branches.
Overall | |
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FDIC Certificate # | 7900 |
Year Established | 1897 |
Employees | 271 |
Primary Regulator | OCC |
Profit Margin | |
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Return on Assets - YTD | 0.92% |
Return on Equity - YTD | 11.03% |
Annual Interest Income | $22.4MM |
Assets and Liabilities | ||
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Assets | Q1 2023vs Q1 2022 | $2.05B$1.86B |
Loans | Q1 2023vs Q1 2022 | $1.58B$1.40B |
Deposits | Q1 2023vs Q1 2022 | $1.78B$1.62B |
Equity Capital | Q1 2023vs Q1 2022 | $170.8MM$168.2MM |
Loan Loss Allowance | Q1 2023vs Q1 2022 | $17.6MM$13.7MM |
Unbacked Noncurrent Loans | Q1 2023vs Q1 2022 | $2.2MM$3.0MM |
Real Estate Owned | Q1 2023vs Q1 2022 | $105.00K$119.00K |
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