Home > Nelnet Bank > Income and Expense
Nelnet Bank, Income and Expense
| 2023-12-31 (YTD Data) | Rank | |
| Total interest income | $57,911,000 | 821 |
| Total interest expense | $34,222,000 | 519 |
| Net interest income | $23,689,000 | 1,265 |
| Provision for loan and lease losses | $8,475,000 | 232 |
| Total noninterest income | $-102,000 | 4,583 |
| Gross Fiduciary activities income | $0 | 981 |
| Service charges on deposit accounts | $0 | 4,423 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $-102,000 | 4,592 |
| Total noninterest expense | $15,104,000 | 1,515 |
| Salaries and employee benefits | $8,864,000 | 1,473 |
| Premises and equipment expense | $234,000 | 3,818 |
| Additional noninterest expense | $-102,000 | 4,592 |
| Pre-tax net operating income | $8,000 | 4,309 |
| Securities gains (losses) | $1,147,000 | 65 |
| Applicable income taxes | $213,000 | 2,415 |
| Income before extraordinary items | $942,000 | 3,525 |
| Extraordinary gains, net | $0 | 54 |
| Net income | $942,000 | 3,562 |
| Minority interest net income | $0 | 88 |
| Net income of bank and minority interests. | $942,000 | 3,526 |
| Net charge-offs | $2,262,000 | 357 |
| Cash dividends | $0 | 3,459 |
| Sale, conversion, retirement of capital stock, net | $0 | 540 |
| Net operating income | $1,460 | 4,334 |
| 2023-09-30 (YTD Data) | Rank | |
| Total interest income | $41,125,000 | 850 |
| Total interest expense | $24,564,000 | 505 |
| Net interest income | $16,561,000 | 1,335 |
| Provision for loan and lease losses | $5,837,000 | 242 |
| Total noninterest income | $-288,000 | 4,615 |
| Gross Fiduciary activities income | $0 | 950 |
| Service charges on deposit accounts | $0 | 4,443 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $-288,000 | 4,627 |
| Total noninterest expense | $11,193,000 | 1,520 |
| Salaries and employee benefits | $6,722,000 | 1,459 |
| Premises and equipment expense | $177,000 | 3,819 |
| Additional noninterest expense | $-288,000 | 4,627 |
| Pre-tax net operating income | $-757,000 | 4,506 |
| Securities gains (losses) | $1,651,000 | 34 |
| Applicable income taxes | $180,000 | 2,401 |
| Income before extraordinary items | $714,000 | 3,584 |
| Extraordinary gains, net | $0 | 52 |
| Net income | $714,000 | 3,617 |
| Minority interest net income | $0 | 81 |
| Net income of bank and minority interests. | $714,000 | 3,584 |
| Net charge-offs | $1,181,000 | 376 |
| Cash dividends | $0 | 3,078 |
| Sale, conversion, retirement of capital stock, net | $0 | 507 |
| Net operating income | $-606,800 | 4,520 |
| 2023-06-30 (YTD Data) | Rank | |
| Total interest income | $25,938,000 | 857 |
| Total interest expense | $15,303,000 | 492 |
| Net interest income | $10,635,000 | 1,386 |
| Provision for loan and lease losses | $3,910,000 | 235 |
| Total noninterest income | $-272,000 | 4,647 |
| Gross Fiduciary activities income | $0 | 931 |
| Service charges on deposit accounts | $0 | 4,471 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $-272,000 | 4,657 |
| Total noninterest expense | $6,996,000 | 1,592 |
| Salaries and employee benefits | $4,270,000 | 1,513 |
| Premises and equipment expense | $119,000 | 3,825 |
| Additional noninterest expense | $-272,000 | 4,657 |
| Pre-tax net operating income | $-543,000 | 4,541 |
| Securities gains (losses) | $1,086,000 | 44 |
| Applicable income taxes | $96,000 | 2,564 |
| Income before extraordinary items | $447,000 | 3,669 |
| Extraordinary gains, net | $0 | 51 |
| Net income | $447,000 | 3,704 |
| Minority interest net income | $0 | 81 |
| Net income of bank and minority interests. | $447,000 | 3,668 |
| Net charge-offs | $620,000 | 389 |
| Cash dividends | $0 | 2,952 |
| Sale, conversion, retirement of capital stock, net | $0 | 486 |
| Net operating income | $-443,520 | 4,563 |
| 2023-03-31 (YTD Data) | Rank | |
| Total interest income | $12,268,000 | 879 |
| Total interest expense | $7,215,000 | 458 |
| Net interest income | $5,053,000 | 1,463 |
| Provision for loan and lease losses | $2,417,000 | 210 |
| Total noninterest income | $-263,000 | 4,669 |
| Gross Fiduciary activities income | $0 | 913 |
| Service charges on deposit accounts | $0 | 4,484 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $-263,000 | 4,684 |
| Total noninterest expense | $2,932,000 | 1,856 |
| Salaries and employee benefits | $2,024,000 | 1,622 |
| Premises and equipment expense | $58,000 | 3,888 |
| Additional noninterest expense | $-263,000 | 4,684 |
| Pre-tax net operating income | $-559,000 | 4,621 |
| Securities gains (losses) | $465,000 | 61 |
| Applicable income taxes | $-35,000 | 4,542 |
| Income before extraordinary items | $-59,000 | 4,512 |
| Extraordinary gains, net | $0 | 4 |
| Net income | $-59,000 | 4,512 |
| Minority interest net income | $0 | 48 |
| Net income of bank and minority interests. | $-59,000 | 4,512 |
| Net charge-offs | $112,000 | 566 |
| Cash dividends | $0 | 2,337 |
| Sale, conversion, retirement of capital stock, net | $0 | 430 |
| Net operating income | $-426,350 | 4,599 |
| 2022-12-31 (YTD Data) | Rank | |
| Total interest income | $26,021,000 | 1,278 |
| Total interest expense | $11,060,000 | 420 |
| Net interest income | $14,961,000 | 1,796 |
| Provision for loan and lease losses | $1,840,000 | 549 |
| Total noninterest income | $715,000 | 3,183 |
| Gross Fiduciary activities income | $0 | 1,005 |
| Service charges on deposit accounts | $0 | 4,545 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $715,000 | 2,683 |
| Total noninterest expense | $11,347,000 | 1,846 |
| Salaries and employee benefits | $6,799,000 | 1,790 |
| Premises and equipment expense | $221,000 | 3,937 |
| Additional noninterest expense | $715,000 | 2,683 |
| Pre-tax net operating income | $2,489,000 | 2,864 |
| Securities gains (losses) | $1,869,000 | 37 |
| Applicable income taxes | $1,013,000 | 1,539 |
| Income before extraordinary items | $3,345,000 | 2,321 |
| Extraordinary gains, net | $0 | 5 |
| Net income | $3,345,000 | 2,320 |
| Minority interest net income | $0 | 63 |
| Net income of bank and minority interests. | $3,345,000 | 2,320 |
| Net charge-offs | $313,000 | 762 |
| Cash dividends | $0 | 3,475 |
| Sale, conversion, retirement of capital stock, net | $0 | 568 |
| Net operating income | $1,868,490 | 3,051 |
| 2022-09-30 (YTD Data) | Rank | |
| Total interest income | $15,826,000 | 1,446 |
| Total interest expense | $5,795,000 | 414 |
| Net interest income | $10,031,000 | 1,925 |
| Provision for loan and lease losses | $1,462,000 | 482 |
| Total noninterest income | $683,000 | 2,948 |
| Gross Fiduciary activities income | $0 | 968 |
| Service charges on deposit accounts | $0 | 4,582 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $683,000 | 2,457 |
| Total noninterest expense | $8,274,000 | 1,876 |
| Salaries and employee benefits | $4,980,000 | 1,813 |
| Premises and equipment expense | $164,000 | 3,970 |
| Additional noninterest expense | $683,000 | 2,457 |
| Pre-tax net operating income | $978,000 | 3,559 |
| Securities gains (losses) | $1,511,000 | 39 |
| Applicable income taxes | $574,000 | 1,738 |
| Income before extraordinary items | $1,915,000 | 2,648 |
| Extraordinary gains, net | $0 | 4 |
| Net income | $1,915,000 | 2,646 |
| Minority interest net income | $0 | 57 |
| Net income of bank and minority interests. | $1,915,000 | 2,647 |
| Net charge-offs | $94,000 | 958 |
| Cash dividends | $0 | 3,099 |
| Sale, conversion, retirement of capital stock, net | $0 | 519 |
| Net operating income | $721,310 | 3,709 |
| 2022-06-30 (YTD Data) | Rank | |
| Total interest income | $8,252,000 | 1,717 |
| Total interest expense | $2,495,000 | 478 |
| Net interest income | $5,757,000 | 2,104 |
| Provision for loan and lease losses | $1,011,000 | 418 |
| Total noninterest income | $380,000 | 3,136 |
| Gross Fiduciary activities income | $0 | 925 |
| Service charges on deposit accounts | $0 | 4,638 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $380,000 | 2,690 |
| Total noninterest expense | $4,961,000 | 2,001 |
| Salaries and employee benefits | $3,210,000 | 1,856 |
| Premises and equipment expense | $107,000 | 4,002 |
| Additional noninterest expense | $1,644,000 | 1,862 |
| Pre-tax net operating income | $165,000 | 4,265 |
| Securities gains (losses) | $1,269,000 | 35 |
| Applicable income taxes | $328,000 | 1,790 |
| Income before extraordinary items | $1,106,000 | 2,711 |
| Extraordinary gains, net | $0 | 4 |
| Net income | $1,106,000 | 2,709 |
| Minority interest net income | $0 | 60 |
| Net income of bank and minority interests. | $1,106,000 | 2,711 |
| Net charge-offs | $94,000 | 749 |
| Cash dividends | $0 | 2,961 |
| Sale, conversion, retirement of capital stock, net | $0 | 494 |
| Net operating income | $103,490 | 4,354 |
| 2022-03-31 (YTD Data) | Rank | |
| Total interest income | $3,032,000 | 2,121 |
| Total interest expense | $856,000 | 643 |
| Net interest income | $2,176,000 | 2,469 |
| Provision for loan and lease losses | $429,000 | 386 |
| Total noninterest income | $390,000 | 2,305 |
| Gross Fiduciary activities income | $0 | 892 |
| Service charges on deposit accounts | $0 | 4,649 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $390,000 | 1,932 |
| Total noninterest expense | $2,284,000 | 2,097 |
| Salaries and employee benefits | $1,527,000 | 1,914 |
| Premises and equipment expense | $54,000 | 4,017 |
| Additional noninterest expense | $703,000 | 2,095 |
| Pre-tax net operating income | $-147,000 | 4,701 |
| Securities gains (losses) | $1,108,000 | 31 |
| Applicable income taxes | $223,000 | 1,527 |
| Income before extraordinary items | $738,000 | 2,295 |
| Extraordinary gains, net | $0 | 4 |
| Net income | $738,000 | 2,294 |
| Minority interest net income | $0 | 50 |
| Net income of bank and minority interests. | $738,000 | 2,295 |
| Net charge-offs | $15,000 | 1,053 |
| Cash dividends | $0 | 2,284 |
| Sale, conversion, retirement of capital stock, net | $0 | 453 |
| Net operating income | $-137,320 | 4,695 |
| 2021-12-31 (YTD Data) | Rank | |
| Total interest income | $7,724,000 | 2,856 |
| Total interest expense | $1,507,000 | 1,653 |
| Net interest income | $6,217,000 | 3,025 |
| Provision for loan and lease losses | $794,000 | 733 |
| Total noninterest income | $-73,000 | 4,829 |
| Gross Fiduciary activities income | $0 | 994 |
| Service charges on deposit accounts | $0 | 4,720 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $-73,000 | 4,829 |
| Total noninterest expense | $6,925,000 | 2,503 |
| Salaries and employee benefits | $4,937,000 | 2,193 |
| Premises and equipment expense | $233,000 | 3,977 |
| Additional noninterest expense | $1,755,000 | 2,819 |
| Pre-tax net operating income | $-1,575,000 | 4,810 |
| Securities gains (losses) | $783,000 | 256 |
| Applicable income taxes | $-175,000 | 4,789 |
| Income before extraordinary items | $-617,000 | 4,774 |
| Extraordinary gains, net | $0 | 10 |
| Net income | $-617,000 | 4,774 |
| Minority interest net income | $0 | 74 |
| Net income of bank and minority interests. | $-617,000 | 4,774 |
| Net charge-offs | $5,000 | 2,441 |
| Cash dividends | $0 | 3,608 |
| Sale, conversion, retirement of capital stock, net | $0 | 582 |
| Net operating income | $-1,235,570 | 4,798 |
| 2021-09-30 (YTD Data) | Rank | |
| Total interest income | $5,480,000 | 2,992 |
| Total interest expense | $1,007,000 | 1,883 |
| Net interest income | $4,473,000 | 3,137 |
| Provision for loan and lease losses | $378,000 | 1,006 |
| Total noninterest income | $-61,000 | 4,902 |
| Gross Fiduciary activities income | $0 | 957 |
| Service charges on deposit accounts | $0 | 4,787 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $-61,000 | 4,901 |
| Total noninterest expense | $5,255,000 | 2,499 |
| Salaries and employee benefits | $3,880,000 | 2,137 |
| Premises and equipment expense | $179,000 | 4,022 |
| Additional noninterest expense | $1,196,000 | 3,000 |
| Pre-tax net operating income | $-1,221,000 | 4,890 |
| Securities gains (losses) | $535,000 | 309 |
| Applicable income taxes | $-151,000 | 4,876 |
| Income before extraordinary items | $-535,000 | 4,849 |
| Extraordinary gains, net | $0 | 8 |
| Net income | $-535,000 | 4,849 |
| Minority interest net income | $0 | 69 |
| Net income of bank and minority interests. | $-535,000 | 4,849 |
| Net charge-offs | $4,000 | 2,210 |
| Cash dividends | $0 | 3,251 |
| Sale, conversion, retirement of capital stock, net | $0 | 543 |
| Net operating income | $-957,650 | 4,870 |
| 2021-06-30 (YTD Data) | Rank | |
| Total interest income | $3,418,000 | 3,101 |
| Total interest expense | $585,000 | 2,139 |
| Net interest income | $2,833,000 | 3,218 |
| Provision for loan and lease losses | $491,000 | 638 |
| Total noninterest income | $5,000 | 4,897 |
| Gross Fiduciary activities income | $0 | 951 |
| Service charges on deposit accounts | $0 | 4,816 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $5,000 | 4,823 |
| Total noninterest expense | $3,889,000 | 2,336 |
| Salaries and employee benefits | $2,711,000 | 2,065 |
| Premises and equipment expense | $122,000 | 4,000 |
| Additional noninterest expense | $1,056,000 | 2,475 |
| Pre-tax net operating income | $-1,542,000 | 4,938 |
| Securities gains (losses) | $21,000 | 1,163 |
| Applicable income taxes | $-351,000 | 4,929 |
| Income before extraordinary items | $-1,170,000 | 4,923 |
| Extraordinary gains, net | $0 | 6 |
| Net income | $-1,170,000 | 4,923 |
| Minority interest net income | $0 | 67 |
| Net income of bank and minority interests. | $-1,170,000 | 4,923 |
| Net charge-offs | $4,000 | 1,958 |
| Cash dividends | $0 | 3,104 |
| Sale, conversion, retirement of capital stock, net | $0 | 517 |
| Net operating income | $-1,186,590 | 4,924 |
| 2021-03-31 (YTD Data) | Rank | |
| Total interest income | $1,376,000 | 3,430 |
| Total interest expense | $194,000 | 2,800 |
| Net interest income | $1,182,000 | 3,484 |
| Provision for loan and lease losses | $422,000 | 425 |
| Total noninterest income | $3,000 | 4,908 |
| Gross Fiduciary activities income | $0 | 922 |
| Service charges on deposit accounts | $0 | 4,819 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $3,000 | 4,825 |
| Total noninterest expense | $2,035,000 | 2,240 |
| Salaries and employee benefits | $1,309,000 | 2,101 |
| Premises and equipment expense | $62,000 | 4,007 |
| Additional noninterest expense | $664,000 | 2,102 |
| Pre-tax net operating income | $-1,272,000 | 4,976 |
| Securities gains (losses) | $19,000 | 895 |
| Applicable income taxes | $-286,000 | 4,964 |
| Income before extraordinary items | $-967,000 | 4,966 |
| Extraordinary gains, net | $0 | 3 |
| Net income | $-967,000 | 4,966 |
| Minority interest net income | $0 | 55 |
| Net income of bank and minority interests. | $-967,000 | 4,966 |
| Net charge-offs | $2,000 | 1,718 |
| Cash dividends | $0 | 2,452 |
| Sale, conversion, retirement of capital stock, net | $0 | 482 |
| Net operating income | $-982,010 | 4,966 |
| 2020-12-31 (YTD Data) | Rank | |
| Total interest income | $413,000 | 4,959 |
| Total interest expense | $42,000 | 4,933 |
| Net interest income | $371,000 | 4,955 |
| Provision for loan and lease losses | $323,000 | 2,618 |
| Total noninterest income | $0 | 4,957 |
| Gross Fiduciary activities income | $0 | 1,030 |
| Service charges on deposit accounts | $0 | 4,876 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $0 | 4,919 |
| Total noninterest expense | $177,000 | 4,992 |
| Salaries and employee benefits | $0 | 4,990 |
| Premises and equipment expense | $41,000 | 4,917 |
| Additional noninterest expense | $136,000 | 4,956 |
| Pre-tax net operating income | $-129,000 | 4,800 |
| Securities gains (losses) | $48,000 | 1,744 |
| Applicable income taxes | $-19,000 | 4,830 |
| Income before extraordinary items | $-62,000 | 4,794 |
| Extraordinary gains, net | $0 | 4 |
| Net income | $-62,000 | 4,794 |
| Minority interest net income | $0 | 72 |
| Net income of bank and minority interests. | $-62,000 | 4,794 |
| Net charge-offs | $0 | 3,443 |
| Cash dividends | $0 | 3,782 |
| Sale, conversion, retirement of capital stock, net | $100,317,000 | 11 |
| Net operating income | $-99,920 | 4,783 |
* The data above is accumulated from the beginning of the year to the date posted. The data for Dec. 31 is the number for the entire year.