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This institution is no longer active

Operations ceased on December 4, 2021. CRA examination history below reflects the period it was active.

NXT BANK

CENTRAL CITY, IA · Supervised by FDIC

Est. 1946FDIC #16,438RSSD: FDIC-16438
Satisfactory

Current rating · Exam: June 2021

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Institution Profile

FDIC BankFind

Address

59 Fourth Street North, CENTRAL CITY, IA

County

Linn County

Established

June 15, 1946

Total Assets

$233M(latest call report)

Financial Snapshot

As of Q3 2021Call Report / FDIC

Total Assets

$233M

Total Deposits

$182M

Net Loans

$193M

Net Income

$2M

ROA

0.98%

ROE

7.04%

Risk-Based Capital

18.17%

Total Assets — Last 8 Quarters

Total AssetsROA

Current Examination

CRA / FFIEC

Overall Rating

Satisfactory

Exam Date

June 1, 2021

Exam Type

Small Bank

Regulator

FDIC

Rating History

CRA / FFIEC

8 previous ratings locked — dating back to 1991

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Rating Over Time

🔒 Locked
OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance
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