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Nelnet Bank
Draper, UT · FDIC Certificate #59205 · Chartered 11/0
Total assets
$3.00B
Total deposits
$2.51B
Total equity
$463.51M
Net loans
$1.62B
Branches (offices)
1
Net income (YTD)
$15.57M
Rank: #427 of 4,213 U.S. banks by assets · #20 of 44 in Utah. Assets changed 69.6% and deposits 63.5% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 1.23% |
| Return on equity | 8.48% |
| Net interest margin (YTD) | 3.05% |
| Equity to assets | 15.46% |
| Tier 1 leverage ratio | 15.94% |
| Uninsured deposits (share of deposits) | 1.6% |
| Noncurrent loans (share of loans) | 2.17% |
| Net charge-offs (share of loans) | 0.75% |
| Loans to deposits | 64.5% |
| Real estate loans (share of loans) | 2.4% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $38.20M | 2.4% | |
| Commercial & industrial | $11.41M | 0.7% | |
| Consumer / individual | $1.60B | 98.7% | |
| Construction & development | $36.88M | 2.3% | |
| Agricultural | $0 | 0.0% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $864.66M | $751.35M | $1.11M | $109.26M |
| Jun 2023 | $1.01B | $871.42M | $447.00K | $128.96M |
| Jun 2024 | $1.19B | $1.03B | -$3.41M | $145.57M |
| Jun 2025 | $1.77B | $1.53B | $4.37M | $224.12M |
| Jun 2026 | $3.00B | $2.51B | $15.57M | $463.51M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Utah | $2.51B | 1 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $2.51B.
Similar-sized banks
Northwest Bank ($3.00B) · Susser Bank ($2.99B)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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