Waypoint Bank
Cozad, Nebraska, Dawson County
$391M in total assets, the 2,127th largest of 4,309 US banks and 50th of 139 headquartered in Nebraska.
- FDIC certificate
- 5394
- Established
- 1883
- Owned by
- Midwest Banco Corp
- Primary regulator
- FDIC
- Website
- www.waypointbank.com
At a glance
Compared with 80 banks headquartered in Nebraska with $100 million to $1 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $391M | 66% | $293M | |
| Loans | $280M | 66% | $217M | |
| Deposits | $325M | 61% | $241M | |
| Return on assets | 1.72% | 78% | 1.32% | |
| Net interest margin | 4.12% | 65% | 3.93% | |
| Efficiency ratio | 55.3% | 39% | 57.9% | |
| Equity to assets | 11.31% | 58% | 11.03% | |
| Loans to deposits | 86% | 49% | 87% |
Growth
Total assets grew 2.1% a year over the last 5 years and 4.4% a year over 10 years, without acquisitions.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Jun 2013 | The First National Bank of Cambridge Cambridge, NE | $51M |
| Aug 2007 | First State Bank Imperial, NE, an affiliate under the same holding company | $30M |
| Nov 2004 | Farmers State Bank Eustis, NE | $28M |
| Sep 2002 | The First National Bank of Otis Otis, CO | $25M |
Where they operate
8 branches in 7 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Dawson County, NE | $102M | 6.7% | 5 of 11 |
| El Paso County, CO | $60M | 0.6% | 29 of 40 |
| Furnas County, NE | $45M | 17.2% | 3 of 5 |
| Clay County, NE | $42M | 17.1% | 2 of 3 |
| Frontier County, NE | $28M | 24.6% | 3 of 4 |
| Chase County, NE | $25M | 7.4% | 4 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 gain of 2 branches since 2016 (6 to 8, +33.3%). 2 opened, 0 acquired, 0 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 6 | |||
| 2018 | Opened Fort Collins | 1 | 0 | +1 | 7 |
| 2026 through Q2 | Opened Sutton | 1 | 0 | +1 | 8 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 32% | 16% | |
| Farmland | 16% | 21% | |
| Construction and land | 15% | 7% | |
| Agricultural | 15% | 23% | |
| Business (C&I) | 9% | 11% | |
| 1-4 family residential | 7% | 16% | |
| Multifamily | 4% | 3% | |
| Consumer | 2% | 2% | |
| Other | 1% | 1% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 45% | 47% | |
| Noninterest-bearing | 29% | 17% | |
| Time deposits | 25% | 37% |
Brokered deposits are 0.0% of deposits (peers 4.8%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.59% | 0.20% |
| Net charge-offs, annualized | 0.00% | 0.00% |
| Reserves to loans | 2.37% | 1.27% |
| Leverage ratio | 10.87% | 11.25% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Nebraska
Largest competitors in Dawson 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/waypoint