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BDI
NB

Nelnet Bank

Draper, UtahFDIC Cert #59205

STATEEstablished 20201 branch

Holding company: Not reportedRegulator: FDIC

FDICCERT + OFFDOM

Balance sheet & income statement

Financials

Reported balance-sheet positions and year-to-date earnings from the latest FDIC Call Report.

As of Q1 2026

Balance sheet trend

Assets & deposits

Time range
Reporting mode
Assets and deposits by reporting quarter
QuarterAssetsDeposits
Q2 2021$408M$299M
Q3 2021$413M$302M
Q4 2021$536M$425M
Q1 2022$656M$547M
Q2 2022$865M$751M
Q3 2022$884M$751M
Q4 2022$919M$790M
Q1 2023$1B$870M
Q2 2023$1.01B$871M
Q3 2023$1.09B$947M
Q4 2023$991M$848M
Q1 2024$1.13B$961M
Q2 2024$1.19B$1.03B
Q3 2024$1.33B$1.15B
Q4 2024$1.45B$1.25B
Q1 2025$1.69B$1.38B
Q2 2025$1.77B$1.53B
Q3 2025$2B$1.73B
Q4 2025$2.07B$1.76B
Q1 2026$2.52B$1.96B

Balance sheet

Core assets, funding, and capital reported at quarter end.

Assets
$2.52B
+48.9%y/y
Percentile by value88th percentileby value
Peer standing in FFIEC UBPR Peer Group 4 — Insured commercial banks having assets between $1 billion and $3 billion
FDICASSET
Deposits
$1.96B
+41.6%y/y
Percentile by value82nd percentileby value
Peer standing in FFIEC UBPR Peer Group 4 — Insured commercial banks having assets between $1 billion and $3 billion
FDICDEP
Gross loans
$1.27B
+66.5%y/y
Percentile by value63rd percentileby value
Peer standing in FFIEC UBPR Peer Group 4 — Insured commercial banks having assets between $1 billion and $3 billion
FDICLNLSGR
Net loans
$1.24B
+66.4%y/y
Percentile by value62nd percentileby value
Peer standing in FFIEC UBPR Peer Group 4 — Insured commercial banks having assets between $1 billion and $3 billion
FDICLNLSNET
Securities
$1.16B
+34.9%y/y
Percentile by value100th percentileby value
Peer standing in FFIEC UBPR Peer Group 4 — Insured commercial banks having assets between $1 billion and $3 billion
FDICSC
Cash
$47.9M
−9.9%y/y
Percentile by value22nd percentileby value
Peer standing in FFIEC UBPR Peer Group 4 — Insured commercial banks having assets between $1 billion and $3 billion
FDICCHBAL
Liabilities
$2.17B
+44.9%y/y
Percentile by value86th percentileby value
Peer standing in FFIEC UBPR Peer Group 4 — Insured commercial banks having assets between $1 billion and $3 billion
FDICLIAB
Equity
$343M
+80.7%y/y
Peer standing96th percentile
Peer standing in FFIEC UBPR Peer Group 4 — Insured commercial banks having assets between $1 billion and $3 billion
FDICEQ

Income statement

Year-to-date reported earnings and core revenue components.

Revenue
$19.1M
+53.9%y/y
Peer standing65th percentile
Peer standing in FFIEC UBPR Peer Group 4 — Insured commercial banks having assets between $1 billion and $3 billion
FDICNIM + NONII
NII
$17.9M
+42.7%y/y
Peer standing73rd percentile
Peer standing in FFIEC UBPR Peer Group 4 — Insured commercial banks having assets between $1 billion and $3 billion
FDICNIM
Noninterest income
$1.16M
+832.1%y/y
Peer standing22nd percentile
Peer standing in FFIEC UBPR Peer Group 4 — Insured commercial banks having assets between $1 billion and $3 billion
FDICNONII
Provision
$4.78M
+105.5%y/y
Percentile by value98th percentileby value
Peer standing in FFIEC UBPR Peer Group 4 — Insured commercial banks having assets between $1 billion and $3 billion
FDICELNATR
Pretax income
$7.89M
+88.1%y/y
Peer standing72nd percentile
Peer standing in FFIEC UBPR Peer Group 4 — Insured commercial banks having assets between $1 billion and $3 billion
FDICPTAXNETINC
Net income
$6.35M
+84.7%y/y
Peer standing69th percentile
Peer standing in FFIEC UBPR Peer Group 4 — Insured commercial banks having assets between $1 billion and $3 billion
FDICNETINC