Elevate Bank, N.A.
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Data as of · sourced from FFIEC call reports. How we update
Elevate Bank, N.A. is an FDIC-insured commercial bank headquartered in Sedan, KS, established in 1874 (FDIC certificate 4770), and it is supervised by the OCC. At Q2 2026 it reported total assets of $61.0M, up 9.5% from Q2 2025, the 157th largest of 182 banks headquartered in Kansas. It reports no CET1 ratio; its Tier 1 leverage ratio was 11.17% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- OCC
- Deposit insurance
- FDIC
- FDIC certificate
- 4770
- Headquarters
- Sedan, KS
- Established
- 1874
- Total assets, Q2 2026
- $61.0M
- Assets vs Q2 2025
- +9.5%
- Tier 1 leverage ratio, Q2 2026
- 11.17%
- Domestic offices
- 2 FDIC institution directory, current count
- Routing number
- 101103466
- Latest call report
- Q2 2026, FFIEC 051 · Elevate Bank, N.A. call report
- Holding company
- ELEVATION BANCSHARES, INC.
- Asset rank in state
- 157th of 182 in Kansas
Problem loans are rising at Elevate Bank, N.A.. Based in Sedan, Kansas, it had $61 million in assets at June 30, 2026, up 9.5% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 0.69% of loans from 0.03% a year earlier. It keeps 5.35 cents of net interest income on every dollar of earning assets, higher than about 9 in 10 of the 583 banks with less than $100 million in assets (median 3.87 cents). On the other hand, it holds commercial real estate loans worth 3.3 times its capital, 12.6 times the median of 26% for banks its size.
Earnings jumped: net income for the quarter was $135,000, 55% above the same quarter a year earlier. Over the same year, loans grew 30.9% and deposits grew 11.2%. Costs are the weak spot: it spends about 82 cents to bring in each dollar of revenue, higher than about three-quarters of banks its size (median 69 cents).
As of June 30, 2026, Elevate Bank, N.A. reported a return on assets of 0.86%, a nonperforming-loan ratio of 0.69% and a Texas ratio of 4.08%. The figures come from its call report filed with the FFIEC.
Elevate Bank, N.A. ranks as the 157th largest of the 182 banks based in Kansas, by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets fell 3.3% to $61.0M, loans fell 3.4% and deposits fell 4.1%. Non-owner-occupied commercial real estate loans made up 52.5% of its total loans on June 30, 2026, its largest category; next came commercial and industrial loans at 14.2%. Its 2 offices in the FDIC Summary of Deposits are in Sedan, KS and Pawhuska, OK; its Sedan office books 68% of its branch deposits. By the capital ratios in its Q2 2026 call report, Elevate Bank, N.A. meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 101 W Main St, Sedan, KS 67361
- County
- Chautauqua
- Charter
- Commercial bank, national (federal) charter, Fed member, OCC-supervised
- Primary Regulator
- OCC
- FDIC Region
- Kansas City (Region 11)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 10, Kansas City
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- March 13, 1874
- Domestic offices
- 2 FDIC institution directory, current count
- Employees (FTE)
- 20
- Domestic deposits
- $53.0M
- Allowance for credit losses
- $438K
- Net charge-offs (YTD)
- $26K
- Average total assets
- $63.0M
- Average total loans
- $44.7M
- Average interest-bearing deposits
- $30.6M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 4770
- Fed RSSD
- 195157
- Website
- www.elevate.bank →
- Parent Holding Company
- ELEVATION BANCSHARES, INC. (RSSD 5759844)
Profitability
Q2 annualizedBalance 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. As a community bank leverage ratio filer, Elevate Bank, N.A. reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, Elevate Bank, N.A.'s total assets ran between $52.9M (Q4 2023) and $63.1M (Q1 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
$61.0M total assets against $55.7M; $53.3M total liabilities against $48.0M.
$43.5M net loans and leases against $33.1M; $53.0M total deposits against $47.7M.
$8.8M securities against $10.1M; $6.0M cash and balances due against $9.8M.
$976K total interest income against $873K; $183K total interest expense against $83K.
$793K net interest income against $790K.
$149K total noninterest income against $39K; $804K total noninterest expense against $740K.
$0 provision for credit losses against $0.
$135K net income against $87K.
0.86% return on assets against 0.63%; 5.35% net interest margin against 6.11%.
11.17% tier 1 leverage ratio against 12.54%.
Inside the full Elevate Bank, N.A. terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Commercial real estate loans exceed 300% of total capital, the threshold at which the 2006 interagency guidance flags a bank for heightened supervisory scrutiny. CRE concentration has been the central stress vector for regional banks since 2023. 2006 Interagency CRE Concentration Guidance (SR 07-1).
Elevate Bank, N.A. rankings
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 0.39% (Q1 2026) to 3.52% (Q1 2025) and its net interest margin ran from 5.35% (Q2 2026) to 6.26% (Q4 2025).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 11.17% | 0.86% | 0.69% | 4.08% | 5.35% |
| Q1 2026 | 11.09% | 0.39% | 0.06% | 0.40% | 5.41% |
| Q4 2025 | 11.83% | 0.61% | 0.07% | 0.42% | 6.26% |
| Q3 2025 | 12.81% | 1.57% | 0.09% | 0.44% | 6.06% |
| Q2 2025 | 12.54% | 0.63% | 0.03% | 0.12% | 6.11% |
| Q1 2025 | 12.44% | 3.52% | 0.14% | 0.60% | 5.69% |
| Q4 2024 | 11.83% | 0.86% | 0.63% | 2.83% | 5.83% |
| Q3 2024 | 11.67% | 0.86% | 0.68% | 2.89% | 6.06% |
Swipe the table sideways to see every column.
Branch Network
View all 2 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 |
|---|---|---|---|
| Elevate Bank, N.A. (main office) | Sedan , KS | 67361 | $36.1M |
| Pawhuska Branch | Pawhuska , OK | 74056 | $16.9M |
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- 2 against the institution (OCC)
- April 17, 2018, OCC: Formal Agreement: The First National Bank of Sedan
- January 13, 2011, OCC: Formal Agreement: The First National Bank of Sedan
- Period: Most recent institution action April 17, 2018. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- <0.1% of deposits in KS, rank 206 of 231 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 6 loans, $5.5M approved, $923K 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
- Mortgage lending (HMDA), 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 Elevate Bank, N.A.
What are Elevate Bank, N.A.'s total assets?
As of the Q2 2026 filing, Elevate Bank, N.A. reported total assets of $61.0 million in its FFIEC call report.
Where is Elevate Bank, N.A. headquartered?
It is headquartered in Sedan, KS, United States.
When was Elevate Bank, N.A. founded?
It was established in 1874, per the FDIC institution directory.
Is Elevate Bank, N.A. FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #4770). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Elevate Bank, N.A.?
Elevate Bank, N.A.'s primary federal regulator is the OCC.
How many branches does Elevate Bank, N.A. operate?
It operates 2 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Elevate Bank, N.A.'s Texas Ratio?
Its Texas Ratio is 4.08% 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.
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