FDIC Certificate #: 57035 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Bank of Nevada (#33897) Federal Reserve ID: 2914718 Date Established: October 23, 2000 WWW:http://www.bankofnv.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Interstate: No) FDIC's unique #: 334375 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: October 23, 2000 Last Structure Change Effective Date: April 29, 2006 Last Structure Change Process Date: May 31, 2006 Last Data Update: May 31, 2006 Data Source Date: April 05, 2012
Location
Address: 8275 West Flamingo Road, Las Vegas, NV 89147 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: $253.4 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2005)
Dollar figures in thousands
43Total employees (full-time equivalent)
$282,965Total assets
$17,407Cash and due from depository institutions
$3,800Interest-bearing balances
$21,130Securities
$18,470Federal funds sold & reverse repurchase agreements
$214,600Net loans & leases
$2,803Loan loss allowance
$0Trading account assets
$3,474Bank premises and fixed assets
$0Other real estate owned
$2,404Goodwill and other intangibles
$0Life insurance assets
$5,480All other assets
$282,965Total liabilities and capital
$257,374Total liabilities
$254,367Total deposits
$194,994Interest-bearing deposits
$254,367Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$3,007All other liabilities
$25,591Total equity capital
$25,591Total bank equity capital
$25,591Perpetual preferred stock
$0Common stock
$84Surplus
$17,541Undivided profits
Memoranda
$7,966Noncurrent loans and leases
$38,766Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$904Average Assets, year-to-date
$258,000Average Assets, quarterly
$16,691Volatile liabilities
$259,293Insider loans
$281,760FHLB advances
$60,594Loans and leases held for sale
$5,204Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$38,766Total unused commitments
$0Restructured Loans and leases
$2,813Derivatives
Income and Expense (December 31, 2005)
Dollar figures in thousands
$17,483Total interest income
$3,986Total interest expense
$13,497Net interest income
$750Provision for loan and lease losses
$365Total noninterest income
$0Fiduciary activities
$166Service charges on deposit accounts
$0Trading account gains & fees
$199Additional noninterest income
$6,590Total noninterest expense
$3,947Salaries and employee benefits
$1,105Premises and equipment expense
$1,538Additional noninterest expense
$6,522Pre-tax net operating income
$0Securities gains (losses)
$2,202Applicable income taxes
$4,320Income before extraordinary items
$0Extraordinary gains - net
$4,320Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$74Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2005)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.41%Yield on earning assets
1.69%Cost of funding earning assets
5.72%Net interest margin
0.15%Noninterest income to earning assets
2.79%Noninterest expense to earning assets
1.67%Net operating income to assets
1.67%Return on assets (ROA)
2.52%Pretax return on assets
18.41%Return on equity (ROE)
18.41%Retained earnings to average equity (YTD only)
0.04%Net charge-offs to loans
1013.51%Credit loss provision to net charge-offs
98.27%Efficiency ratio
47,273Assets per employee
6.58%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.29%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
84.37%Net loans and leases to core deposits
110.75%Equity capital to assets
9.04%Core capital (leverage) ratio
8.29%Tier 1 risk-based capital ratio
9.60%Total risk-based capital ratio
Memoranda
$11Average assets
$259,293Average earning assets
$23,466Average equity
$235,881Average loans
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