First State Bank Nebraska
Lincoln, Nebraska, Lancaster County
$1.1B in total assets, the 956th largest of 4,309 US banks and 16th of 139 headquartered in Nebraska.
- FDIC certificate
- 13868
- Established
- 1912
- Owned by
- First State Holding Co
- Primary regulator
- FED
- Website
- http://www.1fsb.bank
At a glance
Compared with 20 banks headquartered in Nebraska with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $1.1B | 30% | $1.3B | |
| Loans | $908M | 40% | $926M | |
| Deposits | $990M | 40% | $1.1B | |
| Return on assets | 1.51% | 85% | 1.23% | |
| Net interest margin | 3.53% | 55% | 3.43% | |
| Efficiency ratio | 54.1% | 30% | 61.6% | |
| Equity to assets | 10.15% | 55% | 9.78% | |
| Loans to deposits | 92% | 65% | 90% |
Growth
Total assets grew 6.5% a year over the last 5 years and 9.1% a year over 10 years, including 3 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Oct 2025 | Community State Bank Colon, NE | $44M |
| Nov 2020 | Plattsmouth State Bank Plattsmouth, NE, an affiliate under the same holding company | $100M |
| Dec 2018 | The Nehawka Bank Nehawka, NE, an affiliate under the same holding company | $14M |
| May 2010 | The Farmers Bank Lincoln, NE | $18M |
| May 2010 | De Witt State Bank De Witt, NE | $39M |
| Sep 2009 | Filley Bank Filley, NE | $16M |
| Sep 2007 | Saline State Bank Wilber, NE, an affiliate under the same holding company | $103M |
| May 2006 | Bank of Yutan Yutan, NE | $24M |
Where they operate
18 branches in 6 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Lancaster County, NE | $467M | 3.1% | 7 of 31 |
| Saline County, NE | $181M | 29.5% | 1 of 9 |
| Gage County, NE | $150M | 16.8% | 3 of 9 |
| Cass County, NE | $109M | 17.1% | 2 of 10 |
| Saunders County, NE | $78M | 8.0% | 6 of 13 |
| Douglas County, NE | $4M | 0.0% | 42 of 43 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 5 branches since 2016 (13 to 18, +38.5%). 4 opened, 5 acquired, 4 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 13 | |||
| 2016 | Opened Beatrice and Lincoln | 2 | 0 | +2 | 15 |
| 2018 | Acquired The Nehawka Bank | 1 | 0 | +1 | 16 |
| 2020 | Acquired Plattsmouth State BankClosed Firth | 2 | 1 | +1 | 17 |
| 2024 | Opened OmahaClosed Hallam | 1 | 1 | 0 | 17 |
| 2025 | Acquired Community State BankClosed Pickrell and Plattsmouth | 2 | 2 | 0 | 17 |
| 2026 through Q2 | Opened Plattsmouth | 1 | 0 | +1 | 18 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Farmland | 36% | 11% | |
| Commercial real estate | 23% | 29% | |
| Business (C&I) | 14% | 13% | |
| 1-4 family residential | 14% | 17% | |
| Agricultural | 4% | 10% | |
| Multifamily | 4% | 7% | |
| Construction and land | 2% | 9% | |
| Consumer | 1% | 2% | |
| Other | 3% | 2% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 65% | 54% | |
| Time deposits | 25% | 32% | |
| Noninterest-bearing | 10% | 14% |
Brokered deposits are 3.0% of deposits (peers 10.4%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.15% | 0.42% |
| Net charge-offs, annualized | 0.03% | 0.00% |
| Reserves to loans | 0.97% | 1.37% |
| Leverage ratio | 9.00% | 10.43% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Nebraska
Largest competitors in Lancaster County, NE
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/first-state-bank-nebraska-lincoln-ne