FDIC Certificate #: 34077 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:City National Bank (#17281) Federal Reserve ID: 2352815 Date Established: October 18, 1995 WWW:http://www.bbnv.com Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 7 (Interstate: No) OTS Docket #: 15983 FDIC's unique #: 56214 Numeric code: 13 Regulator: FED 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 18, 1995 Last Structure Change Effective Date: May 01, 2007 Last Structure Change Process Date: May 25, 2007 Last Data Update: May 25, 2007 Data Source Date: April 05, 2012
Location
Address: 6085 West Twain Avenue, Las Vegas, NV 89103 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: $524.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2006)
Dollar figures in thousands
108Total employees (full-time equivalent)
$508,075Total assets
$24,724Cash and due from depository institutions
$0Interest-bearing balances
$67,676Securities
$12,400Federal funds sold & reverse repurchase agreements
$389,293Net loans & leases
$4,356Loan loss allowance
$0Trading account assets
$4,098Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$9,884All other assets
$508,075Total liabilities and capital
$459,529Total liabilities
$457,320Total deposits
$311,146Interest-bearing deposits
$457,320Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$2,209All other liabilities
$48,546Total equity capital
$48,546Total bank equity capital
$48,546Perpetual preferred stock
$0Common stock
$20Surplus
$26,549Undivided profits
Memoranda
$21,977Noncurrent loans and leases
$120,621Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$106Earning assets
$0Long-term assets (5+ years)
$2,394Average Assets, year-to-date
$469,369Average Assets, quarterly
$81,202Volatile liabilities
$469,281Insider loans
$497,917FHLB advances
$63,952Loans and leases held for sale
$12,440Unused loan commitments
$0Tier 1 (core) risk-based capital
$40,000Tier 2 risk-based capital
$0Total risk weighted assets
$120,621Total unused commitments
$0Restructured Loans and leases
$4,838Derivatives
Income and Expense (December 31, 2006)
Dollar figures in thousands
$35,075Total interest income
$9,494Total interest expense
$25,581Net interest income
$1,086Provision for loan and lease losses
$1,030Total noninterest income
$0Fiduciary activities
$770Service charges on deposit accounts
$0Trading account gains & fees
$260Additional noninterest income
$14,158Total noninterest expense
$7,626Salaries and employee benefits
$2,109Premises and equipment expense
$4,423Additional noninterest expense
$11,367Pre-tax net operating income
-$23Securities gains (losses)
$3,722Applicable income taxes
$7,622Income before extraordinary items
$0Extraordinary gains - net
$7,622Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$38Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2006)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.03%Yield on earning assets
2.17%Cost of funding earning assets
5.86%Net interest margin
0.24%Noninterest income to earning assets
3.24%Noninterest expense to earning assets
1.63%Net operating income to assets
1.62%Return on assets (ROA)
2.42%Pretax return on assets
17.73%Return on equity (ROE)
17.73%Retained earnings to average equity (YTD only)
-0.01%Net charge-offs to loans
-2857.89%Credit loss provision to net charge-offs
0.00%Efficiency ratio
53,204Assets per employee
4.70%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.11%Loss allowance to noncurrent loans
4109.43%Noncurrent assets plus other real estate owned to assets
0.02%Noncurrent loans to loans
0.03%Net loans and leases to deposits
85.12%Net loans and leases to core deposits
98.96%Equity capital to assets
9.55%Core capital (leverage) ratio
10.08%Tier 1 risk-based capital ratio
10.85%Total risk-based capital ratio
Memoranda
$12Average assets
$469,281Average earning assets
$43,000Average equity
$436,642Average loans
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