BankFirst
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Data as of · sourced from FFIEC call reports. How we update
BankFirst is an FDIC-insured commercial bank headquartered in Norfolk, NE, established in 1970 (FDIC certificate 20130), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $1.21B, up 4.9% from Q2 2025, the 15th largest of 138 banks headquartered in Nebraska. Its CET1 capital ratio was 17.87% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 20130
- Headquarters
- Norfolk, NE
- Established
- 1970
- Total assets, Q2 2026
- $1.21B
- Assets vs Q2 2025
- +4.9%
- CET1 ratio, Q2 2026
- 17.87%
- Domestic offices
- 14 FDIC institution directory, current count
- Routing number
- 104901652
- Latest call report
- Q2 2026, FFIEC 051 · BankFirst call report
- Holding company
- NORTH CENTRAL BANCORP, INC.
- Asset rank in state
- 15th of 138 in Nebraska
BankFirst runs leaner than most banks of its size. It reported $1.2 billion in assets at June 30, 2026, up 4.9% from a year earlier. It spends about 36 cents to bring in each dollar of revenue, lower than about 9 in 10 of the 895 banks with $1 billion to $10 billion in assets (median 58 cents). It also funds 15.31% of its assets with Tier 1 capital, higher than about 9 in 10 banks its size (median 10.52%).
Problem loans fell by more than half over the year: loans on nonaccrual or 90 or more days past due, net of government guarantees are down to 0.84% of loans from 2.44%. Its $109 million non-owner-occupied commercial real estate book is improving, with 0.29% past due or on nonaccrual, down from 3.60% a year earlier. Funding is the softer spot: it pays an average of 2.60% on its deposits and borrowings, higher than about three-quarters of banks its size (median 2.01%).
As of June 30, 2026, BankFirst reported a CET1 capital ratio of 17.87%, a return on assets of 1.89%, a nonperforming-loan ratio of 0.84% and a Texas ratio of 3.28%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, BankFirst is the 15th largest of the 138 banks headquartered in Nebraska. Quarter on quarter (Q1 2026 to Q2 2026), its total assets rose 0.7% to $1.21B, loans rose 0.2% and deposits rose 7.3%. The largest part of its loan book on June 30, 2026 was agricultural production loans, at 20.9% of total loans, ahead of construction and land development loans at 17.4%. The FDIC Summary of Deposits lists 14 offices for it, in 11 cities across 2 states; its Norfolk 3 offices book 50% of its branch deposits. By the capital ratios in its Q2 2026 call report, BankFirst meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 100 N 13th St, Norfolk, NE 68701
- County
- Madison
- Metro Area
- Norfolk, NE
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Kansas City (Region 11)
- Federal Reserve member
- No
- Federal Reserve district
- District 10, Kansas City
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 051
- Established
- February 9, 1970
- Former names
- Bank of Norfolk (1974-2002)
- Domestic offices
- 14 FDIC institution directory, current count
- Employees (FTE)
- 95
- Domestic deposits
- $804.7M
- Allowance for credit losses
- $11.1M
- Net charge-offs (YTD)
- $1.4M
- Average total assets
- $1.22B
- Average total loans
- $733.5M
- Average interest-bearing deposits
- $679.5M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- February 9, 1970
- FDIC Cert
- 20130
- Fed RSSD
- 117458
- Website
- mybankfirst.bank →
- Parent Holding Company
- NORTH CENTRAL BANCORP, INC. (RSSD 2834076)
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, BankFirst's total assets ranged from $1.05B (Q1 2024) to $1.21B (Q2 2026), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$1.21B total assets against $1.15B; $1.02B total liabilities against $975.2M.
$719.0M net loans and leases against $706.8M; $804.7M total deposits against $722.3M.
$417.5M securities against $374.2M; $9.1M cash and balances due against $9.7M.
$18.5M total interest income against $17.6M; $6.5M total interest expense against $6.7M.
$12.0M net interest income against $10.9M.
$800K total noninterest income against $922K; $4.6M total noninterest expense against $4.5M.
$900K provision for credit losses against $800K.
$5.8M net income against $5.2M.
1.89% return on assets against 1.85%; 4.05% net interest margin against 4.00%.
17.87% CET1 capital ratio against 18.38%; 15.31% tier 1 leverage ratio against 15.07%.
Inside the full BankFirst terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeBankFirst rankings
Its closest position to the top of a national ranking is 106 of 3,606, for efficiency ratio; its furthest is 508 of 980, for uninsured deposits.
Metric pages for BankFirst: Efficiency ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 1.83% (Q1 2025) to 2.56% (Q4 2025) and its net interest margin ran from 3.94% (Q1 2025) to 4.34% (Q4 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 17.87% | 1.89% | 0.84% | 3.28% | 4.05% |
| Q1 2026 | 19.26% | 1.96% | 0.69% | 2.65% | 4.20% |
| Q4 2025 | 18.59% | 2.56% | 1.42% | 5.76% | 4.34% |
| Q3 2025 | 17.96% | 1.97% | 2.28% | 9.28% | 4.09% |
| Q2 2025 | 18.38% | 1.85% | 2.44% | 9.86% | 4.00% |
| Q1 2025 | 18.00% | 1.83% | 2.59% | 10.75% | 3.94% |
| Q4 2024 | 17.42% | 2.15% | 2.25% | 9.60% | 4.11% |
| Q3 2024 | 17.24% | 2.16% | 0.20% | 0.86% | 4.14% |
Swipe the table sideways to see every column.
Branch Network
View all 14 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| BankFirst (main office) | Norfolk , NE | 68701 | $400.3M |
| Southsioux City Branch | South Sioux City , NE | 68776 | $84.1M |
| Bankfirst Columbus Branch | Columbus , NE | 68601 | $57.9M |
| Onawa Branch | Onawa , IA | 51040 | $47.3M |
| Iowa-Nebraska State Bank Branch | Sioux City , IA | 51106 | $42.7M |
| O'Neill Branch | Oneill , NE | 68763 | $39.2M |
| Wakefield Branch | Wakefield , NE | 68784 | $38.3M |
| 220 West 7th Street Branch | Wayne , NE | 68787 | $38.2M |
| Bankfirst - Ord Branch | Ord , NE | 68862 | $36.2M |
| West Point Branch | West Point , NE | 68788 | $13.6M |
| Neligh Branch | Neligh , NE | 68756 | $6.9M |
| Northside Facility | Norfolk , NE | 68701 | $0 |
| Norfolk Bypass Branch | Norfolk , NE | 68701 | $0 |
| Iowa-Nebraska State Bank | Sioux City , IA | 51108 | $0 |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| December 10, 2018 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| December 1, 2018 | Structure Change | Acquired Iowa - Nebraska State Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| November 16, 2002 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| November 16, 2002 | Structure Change | Acquired Columbus FSB Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| October 29, 1986 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| October 29, 1986 | Structure Change | Acquired First Savings Company of Norfolk Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 6 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.8% of deposits in NE, rank 27 of 160 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 224 applications, 189 loans originated, $40.4M originated, across 5 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 1 loans, $110K approved, $110K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about BankFirst
What are BankFirst's total assets?
As of the Q2 2026 filing, BankFirst reported total assets of $1.21 billion in its FFIEC call report.
Where is BankFirst headquartered?
It is headquartered in Norfolk, NE, United States.
When was BankFirst founded?
It was established in 1970, per the FDIC institution directory.
Is BankFirst FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #20130). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates BankFirst?
BankFirst's primary federal regulator is the FDIC.
What is BankFirst's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 17.87% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does BankFirst operate?
It operates 14 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is BankFirst's Texas Ratio?
Its Texas Ratio is 3.28% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
What was BankFirst previously called?
The charter now named BankFirst has also operated as Bank of Norfolk (1974-2002), per FDIC structure-change records.
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