FirstBank of Nebraska: how it compares with its peers
Against 45 NE banks with half to twice its assets, FirstBank of Nebraska's strongest measure in Q2 2026 is assets per employee ($12.1M vs. a $7.8M peer median). Its weakest relative measure is net interest margin (2.99% vs. 4.01%).
| Measure | FirstBank of Nebraska | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.85% | 1.42% | Top third Ahead of 78% of peers |
| Net interest margin Annualized net interest income over earning assets. | 2.99% | 4.01% | Bottom third Ahead of 9% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 40.52% | 58.06% | Top third Ahead of 91% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $12.1M | $7.8M | Top third Ahead of 93% of peers |
| Loans to deposits Net loans and leases over total deposits. | 59.92% | 86.18% | Context |
What it means for lending operations
Its efficiency ratio of 40.52% is better than the 58.06% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- Equitable Bank Grand Island, NE · $524M
- First Northeast Bank of Nebraska Lyons, NE · $473M
- Homestead Bank Cozad, NE · $537M
- CHARTER WEST BANK West Point, NE · $548M
- Nebraska Bank Dodge, NE · $552M
- Five Points Bank of Hastings Hastings, NE · $552M
Questions about FirstBank of Nebraska
How big is FirstBank of Nebraska?
FirstBank of Nebraska, established in 1882, is headquartered in Wahoo, NE. It reported $498M in total assets in its Q2 2026 FDIC call report and operates 4 offices.
What is FirstBank of Nebraska's return on assets?
1.85% annualized in Q2 2026, against a 1.42% median for 45 NE banks with half to twice its assets, ahead of 78% of them.
What is FirstBank of Nebraska's efficiency ratio?
40.52% in Q2 2026: it spent about 41 cents in noninterest expense for each dollar of revenue. The peer median is 58.06%, and lower is better.
Is FirstBank of Nebraska growing its loans?
Net loans grew 5.1% over the year to Q2 2026, while deposits grew 7.8%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are NE banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Nebraska bank ranked.