Bank of Nevada in Las Vegas, Nevada (NV)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Bank of Nevada in Las Vegas, Nevada (NV)
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Bank of Nevada - Overview

  • General
  • FDIC Certificate #: 33897
    Status: Active
    Federal Reserve ID: 2197098
    Bank Holding Company (Regulatory Top Holder): Western Alliance Bancorporation (RSSDID: 2349815, Location: Phoenix, AZ)
    Date Established: May 20, 1994
    WWW: http://www.bankofnevada.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 13 (Domestic: 13, Interstate: No)
    FDIC's unique #: 54753
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: May 20, 1994
    Last Structure Change Effective Date: September 28, 2009
    Last Structure Change Process Date: September 28, 2009
    Last Data Update: September 28, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 2700 West Sahara Avenue, Las Vegas, NV 89102
    County: Clark
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Phoenix
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Las Vegas, NV-AZ (#4120)
    Combined Statistical Area (CSA): Las Vegas-Paradise-Pahrump, NV (#332)
    Core Based Statistical Area (CBSA): Las Vegas-Paradise, NV (#29820)
    CBSA Metro Statistical Area: Las Vegas-Paradise, NV (#29820)
  • Financial Summary
  • Total assets: $2,877.6 mil
    Equity capital: $320.8 mil
    Deposits held in domestic offices: $2,377.3 mil
    Return on assets (ROA): 0.26% ($7.5 mil)
    Quarterly return on assets: 0.16% ($4.6 mil)
    Return on Equity (ROE): 2.37% ($7.6 mil)
    Quarterly return on equity: 1.46% ($4.7 mil)
    Net income: $7.5 mil
    Quarterly Net income: $1.2 mil
    Pretax return on assets: 0.32% ($9,208.5 mil)
    Quarterly Pretax return on assets: 0.14% ($4,028.7 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 401Total employees (full-time equivalent)
  • $2,877,645Total assets
  • $47,541Cash and due from depository institutions
  • $10,577Interest-bearing balances
  • $738,168Securities
  • $3,000Federal funds sold & reverse repurchase agreements
  • $1,798,091Net loans & leases
  • $61,012Loan loss allowance
  • $1,066Trading account assets
  • $52,710Bank premises and fixed assets
  • $42,400Other real estate owned
  • $27,116Goodwill and other intangibles
  • $2,877,645Life insurance assets
  • $167,553All other assets
  • $2,556,868Total liabilities and capital
  • $2,377,328Total liabilities
  • $1,632,551Total deposits
  • $2,377,328Interest-bearing deposits
  • $78Deposits held in domestic offices
  • 52268.00%% insured (estimated)
  • $177Federal funds purchased & repurchase agreements
  • $115,000Trading liabilities
  • $0Other borrowed funds
  • $12,095Subordinated debt
  • $320,777All other liabilities
  • $320,777Total equity capital
  • $320,777Total bank equity capital
  • $0Perpetual preferred stock
  • $5,172Common stock
  • $470,155Surplus
  • $-154,550Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $69,561Income earned, not collected on loans
  • $0Earning assets
  • $9,324Long-term assets (5+ years)
  • $2,549,942Average Assets, year-to-date
  • $741,243Average Assets, quarterly
  • $2,824,577Volatile liabilities
  • $2,865,306Insider loans
  • $2,232,208FHLB advances
  • $2,818,077Loans and leases held for sale
  • $62,166Unused loan commitments
  • $26,307Tier 1 (core) risk-based capital
  • $266,430Tier 2 risk-based capital
  • $35,859Total risk weighted assets
  • $0Total unused commitments
  • $253,475Restructured Loans and leases
  • $66,823Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $119,014Total interest income
  • $11,699Total interest expense
  • $107,315Net interest income
  • $29,622Provision for loan and lease losses
  • $98Total noninterest income
  • $0Fiduciary activities
  • $5,575Service charges on deposit accounts
  • -$457Trading account gains & fees
  • -$5,020Additional noninterest income
  • $71,452Total noninterest expense
  • $34,876Salaries and employee benefits
  • $8,348Premises and equipment expense
  • $28,228Additional noninterest expense
  • $6,339Pre-tax net operating income
  • $2,762Securities gains (losses)
  • $1,626Applicable income taxes
  • $7,475Income before extraordinary items
  • $0Extraordinary gains - net
  • $7,475Net income attributable to bank
  • $0Net charge-offs
  • $7,475Cash dividends
  • $42,140Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.79%Yield on earning assets
  • 0.47%Cost of funding earning assets
  • 4.32%Net interest margin
  • 0.00%Noninterest income to earning assets
  • 2.88%Noninterest expense to earning assets
  • 0.18%Net operating income to assets
  • 0.26%Return on assets (ROA)
  • 0.32%Pretax return on assets
  • 2.37%Return on equity (ROE)
  • 2.37%Retained earnings to average equity (YTD only)
  • 2.25%Net charge-offs to loans
  • 70.29%Credit loss provision to net charge-offs
  • 0.85%Efficiency ratio
  • 64,069Assets per employee
  • 7.18%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.28%Loss allowance to noncurrent loans
  • 87.71%Noncurrent assets plus other real estate owned to assets
  • 3.89%Noncurrent loans to loans
  • 3.74%Net loans and leases to deposits
  • 75.63%Net loans and leases to core deposits
  • 86.37%Equity capital to assets
  • 11.15%Core capital (leverage) ratio
  • 9.45%Tier 1 risk-based capital ratio
  • 11.94%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $2,824,577Average earning assets
  • $315,870Average equity
  • $2,484,976Average loans

List of branches

  • 13 Nevada Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    054753Bank Of Nevada2700 West Sahara Avenue, Las Vegas, NV 89102May 20, 1994Full Service Brick and Mortar
    1290182Courier Service Branch2700 West Sahara Avenue, Las Vegas, NV 89102May 20, 1994Limited Service Messenger
    2290183Henderson Branch2890 North Green Valley Parkway, Henderson, NV 89014March 03, 1997Full Service Brick and Mortar
    3290184Las Vegas Branch7251 West Lake Mead Boulevard, Suite 108, Las Vegas, NV 89128September 10, 1998Full Service Brick and Mortar
    4357791South Eastern Avenue Branch10199 South Eastern Avenue, Henderson, NV 89052August 24, 2000Full Service Brick and Mortar
    5360937Durango Branch3985 South Durango Road, Las Vegas, NV 89147August 08, 2001Full Service Brick and Mortar
    1357033Mesquite Branch11 Pioneer Boulevard, Mesquite, NV 89027November 01, 1996Full Service Brick and Mortar
    14424318Stephanie Branch221 North Stephanie, Henderson, NV 89074November 12, 2003Full Service Brick and Mortar
    15451730Centennial Branch8505 West Centennial Parkway, Las Vegas, NV 89149March 01, 2006Full Service Brick and Mortar
    16451940Aliante Parkway Branch6915 Aliante Parkway, North Las Vegas, NV 89084June 22, 2006Full Service Brick and Mortar
    19465206Hualapai Office1115 S. Hualapai Way, Las Vegas, NV 89117July 09, 2007Full Service Brick and Mortar
    20467306Rainbow Regional Branch777 North Rainbow Boulevard, Las Vegas, NV 89107July 01, 2006Full Service Brick and Mortar
    21468037City Parkway Branch100 City Parkway, Suite 120, Las Vegas, NV 89106September 18, 2007Full Service Brick and Mortar

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