BankFirst is a state-chartered bank headquartered in Norfolk, Nebraska, in business for about 56 years. At the end of Q2 2026 it reported $1.2B in total assets and $804.7M in deposits, with 14 offices across 2 states.
Based on its Q2 2026 filing, BankFirst scores 85/100, which we describe as very strong. That is higher than 97% of 897 banks with $1 billion – $10 billion. Among 139 banks headquartered in Nebraska, it ranks 27th. Its strongest component is capital cushion (100/100; 15.31%), and its lowest is funding & liquidity (53/100; 89% loans-to-deposits, 31% uninsured).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
From Q2 2025 to Q2 2026, the score rose 16 points (69 → 85), mostly because the loan quality component improved by 53 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 82 |
| Q3 2024 | 87 |
| Q4 2024 | 69 |
| Q1 2025 | 67 |
| Q2 2025 | 69 |
| Q3 2025 | 68 |
| Q4 2025 | 78 |
| Q1 2026 | 86 |
| Q2 2026 | 85 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 13.79% |
| Q3 2024 | 13.73% |
| Q4 2024 | 14.25% |
| Q1 2025 | 14.78% |
| Q2 2025 | 15.07% |
| Q3 2025 | 14.22% |
| Q4 2025 | 14.67% |
| Q1 2026 | 15.25% |
| Q2 2026 | 15.31% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.63% |
| Q3 2024 | 0.20% |
| Q4 2024 | 2.25% |
| Q1 2025 | 2.59% |
| Q2 2025 | 2.44% |
| Q3 2025 | 2.28% |
| Q4 2025 | 1.42% |
| Q1 2026 | 0.69% |
| Q2 2026 | 0.84% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 1.97% |
| Q3 2024 | 2.03% |
| Q4 2024 | 2.07% |
| Q1 2025 | 1.82% |
| Q2 2025 | 1.82% |
| Q3 2025 | 1.87% |
| Q4 2025 | 2.05% |
| Q1 2026 | 1.93% |
| Q2 2026 | 1.92% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 85 | $1.2B | 15.31% | 0.84% | 1.92% | 89.4% |
| Q1 2026 | 86 | $1.2B | 15.25% | 0.69% | 1.93% | 95.6% |
| Q4 2025 | 78 | $1.2B | 14.67% | 1.42% | 2.05% | 98.5% |
| Q3 2025 | 68 | $1.2B | 14.22% | 2.28% | 1.87% | 94.6% |
| Q2 2025 | 69 | $1.2B | 15.07% | 2.44% | 1.82% | 97.8% |
| Q1 2025 | 67 | $1.1B | 14.78% | 2.59% | 1.82% | 96.9% |
| Q4 2024 | 69 | $1.1B | 14.25% | 2.25% | 2.07% | 100.6% |
| Q3 2024 | 87 | $1.1B | 13.73% | 0.20% | 2.03% | 98.1% |
| Q2 2024 | 82 | $1.1B | 13.79% | 0.63% | 1.97% | 102.6% |
897 peers · $1 billion – $10 billion
How it compares with peers
Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size banks in Nebraska
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Dayspring BankBank Gothenburg, NE | 58 out of 100, Moderate | $1.2B | 10.7% | 1.73% | vs |
| Midwest BankBank Pierce, NE | 64 out of 100, Moderate | $1.2B | 9.4% | 0.44% | vs |
| Platte Valley BankBank Scottsbluff, NE | 66 out of 100, Moderate | $1.2B | 9.5% | 0.57% | vs |
| First State Bank NebraskaBank Lincoln, NE | 71 out of 100, Strong | $1.1B | 9.0% | 0.24% | vs |
| Adams Bank & TrustBank Ogallala, NE | 82 out of 100, Strong | $1.3B | 14.1% | 0.55% | vs |
| Access BankBank Omaha, NE | 65 out of 100, Moderate | $1.1B | 10.7% | 0.51% | vs |
Deposit insurance
Is my money safe at BankFirst?
Yes. BankFirst is an FDIC-insured institution (FDIC certificate #20130). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 31.1% of deposits ($250.7M) are above the $250,000 FDIC insurance limit, close to the peer median of 31%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 15.31%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 20.92% (benchmark: 10%).
14 locations
Branches
BankFirst lists 12 offices in 11 cities across 2 states. Most locations:
- Norfolk, NE (2)
- Columbus, NE (1)
- Neligh, NE (1)
- Onawa, IA (1)
- Oneill, NE (1)
- Ord, NE (1)
- Sioux City, IA (1)
- South Sioux City, NE (1)
- Wakefield, NE (1)
- Wayne, NE (1)
- West Point, NE (1)
HMDA 2025
Mortgage lending
In 2025, BankFirst reported 224 home-loan applications under HMDA (LEI 549300MJGHTLBSL8LJ59): 189 originated ($40,355,000 total), 14 denied, and 19 withdrawn or closed by the applicant. Its denial rate on decided applications was 6.8%, compared with 22.2% for all lenders nationwide.
Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.
Identity & history
Profile
- Legal name
- BankFirst
- Former names
- Bank of Norfolk
- Type
- State-chartered bank
- FDIC certificate #
- 20130
- RSSD ID
- 117458
- Primary regulator
- FDIC
- Holding company
- North Central Bcorp Inc
- Established
- February 9, 1970
- Headquarters
- 100 N 13th St, Norfolk, NE 68701
- Website
- mybankfirst.bank
- Employees
- 95
Quick answers
BankFirst: common questions
Is BankFirst FDIC insured?
Yes. BankFirst is an FDIC-insured institution (FDIC certificate #20130). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is BankFirst's TellerScore?
85 out of 100 (Very strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has BankFirst ever failed?
There is no failure record for FDIC certificate #20130 in the FDIC failed bank list.
How many branches does BankFirst have?
14 offices as of the latest FDIC data, in 2 states.
Nearby
Highest-scoring banks and credit unions with branches near Norfolk
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Heritage BankBank Wood River, NE | 86 out of 100, Very strong | $611.6M | 23.0% | 1.18% | vs |
| Madison County BankBank Madison, NE | 85 out of 100, Very strong | $613.2M | 15.1% | 0.37% | vs |
| Battle Creek State BankBank Battle Creek, NE | 81 out of 100, Strong | $71.0M | 14.4% | 0.00% | vs |
| Meadow Grove Federal Credit UnionCredit union Meadow Grove, NE | 76 out of 100, Strong | $6.3M | 15.4% | 2.10% | vs |
| First Nebraska BankBank Valley, NE | 75 out of 100, Strong | $371.4M | 10.3% | 0.23% | vs |
| Stanton State BankBank Stanton, NE | 74 out of 100, Strong | $64.8M | 9.7% | 0.24% | vs |