Vitals
  • Total Assets
    273.2M 6.2 %
  • Total Deposits
    207.2M 1.0 %
  • Total Net Loans
    222.9M 10.9 %
  • Net Income
    1.6M 29.9 %
  • Book Value
    28.6M 5.1 %
  • Book Value x2
    57.2M 5.1 %
  • Book Value x3
    85.8M 5.1 %
ROAA

.615

ROAE

5.807

Efficiency Ratio

70.062

Net Interest Margin

3.13

Balance Sheet Highlights
Financial Highlights Nxt Bank All Insured Commercial Banks in Iowa
Balance Sheet $(000)
Total Assets 273,190 198,346
Total Net Loans 222,920 133,864
Total Deposits 207,150 165,124
Total Equity 28,592 22,060
Profitability
Net Income 1,628 2,310
Return on Average Assets .615 1.15
Return on Average Equity 5.807 9.92
Net Interest Margin 3.13 3.587
Efficiency Ratio 70.062 60.34
Noninterest Income/Revenue 9.797 13.494
Balance Sheet Ratios
Loan-to-Deposit 107.613 77.091
Securities/Assets .113 .197
Total Equity/Total Assets .105 .111
Tangible Equity/Tangible Assets .099 .107
Capital Adequacy
Tier 1 Common Capital 27,278 21,135
Tier 1 Capital 27,278 21,140
Tier 2 Capital 2,753 1,625
Total Capital 30,031 22,777
Total Risk Weighted Assets 222,331 151,308
Leverage Ratio 10.28 10.944
Common Equity Tier 1 Capital Ratio 12.27 15.631
Tier 1 Capital Ratio 12.27 15.631
Total Capital Ratio 13.51 16.675

Timeline for Nxt Bank

Nxt Bancorporation, Inc.

Nxt Bancorporation, Inc. became a new parent organization for Nxt Bank.

View Profile Jun 19 2015

Nxt Insurance, Llc

Nxt Insurance, Llc became a new subsidiary organization for Nxt Bank.

View Profile Oct 01 2008

M.S.B. Corporation

M.S.B. Corporation became a new parent organization for Nxt Bank.

View Profile Dec 31 1970

Nxt Bank

Nxt Bank was established 77 years ago and is currently headquartered in Central City, IA.

Jun 15 1946
Relationships Role Relationship Start Relationship End
Nxt Bancorporation, Inc. Parent 6/19/2015
M.S.B. Corporation Parent 12/31/1980 6/18/2015
M.S.B. Corporation Parent 12/31/1970 12/30/1980
Nxt Insurance, Llc Subsidary 10/1/2008
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