Great Plains State Bank
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Data as of · sourced from FFIEC call reports. How we update
Great Plains State Bank is an FDIC-insured commercial bank headquartered in Petersburg, NE, established in 1920 (FDIC certificate 14058), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $392.0M, up 4.8% from Q2 2025, the 49th largest of 138 banks headquartered in Nebraska. It reports no CET1 ratio; its Tier 1 leverage ratio was 10.81% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 14058
- Headquarters
- Petersburg, NE
- Established
- 1920
- Total assets, Q2 2026
- $392.0M
- Assets vs Q2 2025
- +4.8%
- Tier 1 leverage ratio, Q2 2026
- 10.81%
- Domestic offices
- 5 FDIC institution directory, current count
- Routing number
- 104112771
- Latest call report
- Q2 2026, FFIEC 051 · Great Plains State Bank call report
- Holding company
- RAE VALLEY FINANCIALS, INC.
- Asset rank in state
- 49th of 138 in Nebraska
Problem loans are rising at Great Plains State Bank. Based in Petersburg, Nebraska, it had $392 million in assets at June 30, 2026, up 4.8% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 4.14% of loans from 2.36% a year earlier. It pays an average of 3.04% on its deposits and borrowings, higher than about 9 in 10 of the 2,660 banks with $100 million to $1 billion in assets (median 1.80%). It also carries problem assets equal to 29.2% of the capital and reserves that would absorb them, 11.1 times the median of 2.6% for banks its size.
Earnings jumped: net income for the quarter was $1.4 million, 54% above the same quarter a year earlier. The commercial and industrial book ($61 million) is worsening: 6.53% of it is past due or on nonaccrual, up from 1.10% a year earlier. Its margin is thin by comparison: it keeps 3.39 cents of net interest income on every dollar of earning assets, lower than about three-quarters of banks its size (median 3.95 cents).
As of June 30, 2026, Great Plains State Bank reported a return on assets of 1.40%, a nonperforming-loan ratio of 4.14% and a Texas ratio of 29.22%. The figures come from its call report filed with the FFIEC.
Of the 138 banks headquartered in Nebraska, Great Plains State Bank is the 49th largest by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets rose 3.6% to $392.0M, loans rose 3.4% and deposits rose 4.9%. Agricultural production loans made up 27.1% of its total loans on June 30, 2026, its largest category; next came farmland and other real estate loans at 19.9%. Its 5 offices in the FDIC Summary of Deposits are in 4 cities in NE; its Columbus 2 offices book 44% of its branch deposits. On its Q2 2026 call report, Great Plains State Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 140 Main St, Petersburg, NE 68652
- County
- Boone
- 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
- —
- Call Report form
- FFIEC 051
- Established
- December 4, 1920
- Domestic offices
- 5 FDIC institution directory, current count
- Employees (FTE)
- 47
- Domestic deposits
- $340.5M
- Allowance for credit losses
- $4.8M
- Net charge-offs (YTD)
- $281K
- Average total assets
- $391.9M
- Average total loans
- $311.6M
- Average interest-bearing deposits
- $305.7M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- March 13, 1934
- FDIC Cert
- 14058
- Fed RSSD
- 733559
- Website
- www.gpsbanks.com →
- Parent Holding Company
- RAE VALLEY FINANCIALS, INC. (RSSD 2761480)
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, Great Plains State Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Great Plains State Bank's total assets moved between a low of $325.9M (Q4 2023) and a high of $392.0M (Q2 2026) from Q3 2023 to 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
$392.0M total assets against $374.0M; $349.9M total liabilities against $330.5M.
$308.1M net loans and leases against $286.3M; $340.5M total deposits against $311.8M.
$37.8M securities against $37.6M; $31.8M cash and balances due against $35.8M.
$5.8M total interest income against $5.7M; $2.6M total interest expense against $2.7M.
$3.2M net interest income against $3.1M.
$965K total noninterest income against $150K; $2.1M total noninterest expense against $2.1M.
$350K provision for credit losses against $0.
$1.4M net income against $889K.
1.40% return on assets against 0.95%; 3.39% net interest margin against 3.36%.
10.81% tier 1 leverage ratio against 11.61%.
Inside the full Great Plains State Bank 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.
Nonperforming loans (nonaccrual loans plus loans 90 or more days past due) exceed 3% of total loans. BankRegReports band at 3% of total loans.
Great Plains State Bank rankings
Its closest position to the top of a national ranking is 61 of 3,640, for Texas Ratio; its furthest is 2,083 of 4,196, for total assets.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 0.68% (Q4 2024) to 1.40% (Q2 2026) and its net interest margin ran from 3.14% (Q4 2024) to 3.52% (Q1 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 10.81% | 1.40% | 4.14% | 29.22% | 3.39% |
| Q1 2026 | 11.98% | 0.78% | 3.62% | 23.75% | 3.52% |
| Q4 2025 | 11.77% | 0.98% | 2.26% | 15.83% | 3.51% |
| Q3 2025 | 11.97% | 0.88% | 3.09% | 18.87% | 3.50% |
| Q2 2025 | 11.61% | 0.95% | 2.36% | 14.25% | 3.36% |
| Q1 2025 | 11.44% | 0.81% | 0.21% | 1.21% | 3.27% |
| Q4 2024 | 11.33% | 0.68% | 1.27% | 7.82% | 3.14% |
| Q3 2024 | 11.39% | 0.76% | 1.73% | 10.67% | 3.31% |
Swipe the table sideways to see every column.
Branch Network
View all 5 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 |
|---|---|---|---|
| Great Plains State Bank (main office) | Petersburg , NE | 68652 | $82.1M |
| Columbus Branch | Columbus , NE | 68601 | $75.1M |
| Westgate Shopping Center Branch | Columbus , NE | 68601 | $75.1M |
| Great Plains State Bank - Omaha Branch | Omaha , NE | 68601 | $58.1M |
| O'Neill Branch | Oneill , NE | 68763 | $50.1M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.4% of deposits in NE, rank 57 of 160 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 21 applications, 19 loans originated, $3.3M originated, across 2 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 1 loans, $650K approved, $650K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2024 (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 Great Plains State Bank
What are Great Plains State Bank's total assets?
As of the Q2 2026 filing, Great Plains State Bank reported total assets of $392.0 million in its FFIEC call report.
Where is Great Plains State Bank headquartered?
It is headquartered in Petersburg, NE, United States.
When was Great Plains State Bank founded?
It was established in 1920, per the FDIC institution directory.
Is Great Plains State Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #14058). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Great Plains State Bank?
Great Plains State Bank's primary federal regulator is the FDIC.
How many branches does Great Plains State Bank operate?
It operates 5 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Great Plains State Bank's Texas Ratio?
Its Texas Ratio is 29.22% 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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