Overview / Commentary
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.
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 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 7900 |
| Year Established | 1897 |
| Employees | 271 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.92% |
| Return on Equity - YTD | 11.03% |
| Annual Interest Income | $22.4MM |
| Assets and Liabilities | ||
|---|---|---|
| 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 |
