Elkhorn Valley Bank & Trust
Norfolk, Nebraska, Madison County
$1.5B in total assets, the 762nd largest of 4,309 US banks and 9th of 139 headquartered in Nebraska.
- FDIC certificate
- 16553
- Established
- 1943
- Owned by
- Feo Investments Inc
- Primary regulator
- FDIC
- Website
- www.evb.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 | $1.5B | 65% | $1.2B | |
| Loans | $1.1B | 65% | $915M | |
| Deposits | $1.1B | 60% | $1.1B | |
| Return on assets | 1.24% | 55% | 1.23% | |
| Net interest margin | 3.43% | 50% | 3.48% | |
| Efficiency ratio | 45.0% | 10% | 61.6% | |
| Equity to assets | 10.26% | 65% | 9.78% | |
| Loans to deposits | 97% | 90% | 90% |
Growth
Total assets grew 8.2% a year over the last 5 years and 6.9% a year over 10 years, without acquisitions.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Feb 2015 | First Nebraska Bank of Wayne Wayne, NE | $42M |
| Jul 1997 | Elkhorn Valley Bank Norfolk, NE, an affiliate under the same holding company | $64M |
Where they operate
8 branches in 4 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Madison County, NE | $804M | 32.9% | 1 of 16 |
| Wayne County, NE | $143M | 29.9% | 2 of 6 |
| Yankton County, SD | $98M | 7.5% | 4 of 7 |
| Pierce County, NE | $73M | 16.5% | 3 of 4 |
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 loss of 2 branches since 2016 (10 to 8, −20.0%). 2 opened, 0 acquired, 4 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 10 | |||
| 2021 | Opened Norfolk and YanktonClosed 4 in Nebraska | 2 | 4 | −2 | 8 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 21% | 29% | |
| Farmland | 18% | 12% | |
| Agricultural | 18% | 9% | |
| Business (C&I) | 15% | 13% | |
| 1-4 family residential | 11% | 17% | |
| Multifamily | 10% | 7% | |
| Construction and land | 6% | 9% | |
| Consumer | 1% | 2% | |
| Other | 0% | 2% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 56% | 55% | |
| Time deposits | 38% | 31% | |
| Noninterest-bearing | 6% | 15% |
Brokered deposits are 3.6% of deposits (peers 10.4%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.39% | 0.37% |
| Net charge-offs, annualized | 0.37% | 0.00% |
| Reserves to loans | 1.37% | 1.35% |
| Leverage ratio | 10.49% | 10.34% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Nebraska
Largest competitors in Madison 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/elkhorn-valley