NEXTIER BANK, NATIONAL ASSOCIATION
Kittanning, Pennsylvania, Armstrong County
$2.9B in total assets, the 450th largest of 4,309 US banks and 21st of 113 headquartered in Pennsylvania.
- FDIC certificate
- 7900
- Established
- 1897
- Owned by
- Nextier Inc
- Primary regulator
- OCC
- Website
- www.nextierbank.com
At a glance
Compared with 36 banks headquartered in Pennsylvania 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 | $2.9B | 67% | $2.2B | |
| Loans | $2.2B | 64% | $1.6B | |
| Deposits | $2.5B | 72% | $1.8B | |
| Return on assets | 1.45% | 81% | 1.16% | |
| Net interest margin | 3.69% | 47% | 3.75% | |
| Efficiency ratio | 49.2% | 3% | 59.5% | |
| Equity to assets | 10.65% | 53% | 10.31% | |
| Loans to deposits | 87% | 42% | 90% |
Growth
Total assets grew 10.4% a year over the last 5 years and 10.0% a year over 10 years, including 2 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Feb 2024 | Mars Bank Mars, PA | $530M |
| Apr 2017 | Manor Bank Manor, PA | $33M |
| Jan 2016 | Eureka Bank Pittsburgh, PA | $153M |
| Oct 2014 | Nextier Bank, National Association Evans City, PA | $539M |
| Apr 2008 | The Farmers National Bank of Kittanning Kittanning, PA | $173M |
Where they operate
32 branches in 8 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Butler County, PA | $1.2B | 17.7% | 2 of 19 |
| Armstrong County, PA | $795M | 41.3% | 1 of 9 |
| Allegheny County, PA | $325M | 0.2% | 18 of 31 |
| Clearfield County, PA | $78M | 2.7% | 7 of 8 |
| Westmoreland County, PA | $66M | 0.6% | 16 of 21 |
| Monroe County, NY | $57M | 0.3% | 14 of 16 |
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 8 branches since 2016 (24 to 32, +33.3%). 5 opened, 10 acquired, 7 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 24 | |||
| 2016 | Acquired Eureka BankClosed Evans City | 2 | 1 | +1 | 25 |
| 2017 | Acquired Manor Bank | 2 | 0 | +2 | 27 |
| 2019 | Opened Camp Hill and Ford City | 2 | 0 | +2 | 29 |
| 2020 | Opened Dubois | 1 | 0 | +1 | 30 |
| 2022 | Closed 3 in Pennsylvania | 0 | 3 | −3 | 27 |
| 2024 | Acquired Mars BankOpened Rochester and Williamsville, closed 3 in Pennsylvania | 8 | 3 | +5 | 32 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| 1-4 family residential | 28% | 35% | |
| Commercial real estate | 28% | 33% | |
| Multifamily | 15% | 7% | |
| Consumer | 11% | 2% | |
| Business (C&I) | 8% | 10% | |
| Construction and land | 7% | 6% | |
| Farmland | 0% | 3% | |
| Other | 3% | 3% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 62% | 54% | |
| Noninterest-bearing | 19% | 20% | |
| Time deposits | 19% | 27% |
Brokered deposits are 0.0% of deposits (peers 2.7%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 1.49% | 0.56% |
| Net charge-offs, annualized | -0.00% | 0.04% |
| Reserves to loans | 1.07% | 0.98% |
| Leverage ratio | 9.64% | 9.95% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Pennsylvania
Largest competitors in Butler County, PA
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/nextier