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

This bank is inactive as of Febuary 05, 1994

  • Continental National Bank in Las Vegas, Nevada (NV)
  • Show street view No street view available for this location

Continental National Bank - Overview

  • General
  • FDIC Certificate #: 24316
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Security Bank of Nevada (#32987)
    Federal Reserve ID: 272469
    Date Established: January 31, 1983
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 7 (Interstate: No)
    FDIC's unique #: 16917
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 31, 1983
    Last Structure Change Effective Date: Febuary 05, 1994
    Last Structure Change Process Date: March 21, 1994
    Last Data Update: April 11, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 530 Las Vegas Boulevard South, Las Vegas, NV 89101
    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: $231.1 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $99Total assets
  • $231,108Cash and due from depository institutions
  • $33,066Interest-bearing balances
  • $0Securities
  • $41,621Federal funds sold & reverse repurchase agreements
  • $16,650Net loans & leases
  • $132,340Loan loss allowance
  • $3,435Trading account assets
  • $0Bank premises and fixed assets
  • $2,420Other real estate owned
  • $669Goodwill and other intangibles
  • $4,342Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $231,108Total liabilities
  • $217,412Total deposits
  • $215,703Interest-bearing deposits
  • $138,769Deposits held in domestic offices
  • 215703.00%% insured (estimated)
  • $63Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $1,709Total equity capital
  • $1,709Total bank equity capital
  • $13,696Perpetual preferred stock
  • $0Common stock
  • $2,010Surplus
  • $9,068Undivided profits
  • Memoranda
  • $2,618Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,319Income earned, not collected on loans
  • $693Earning assets
  • $190,611Long-term assets (5+ years)
  • $35,267Average Assets, year-to-date
  • $199,175Average Assets, quarterly
  • $221,335Volatile liabilities
  • $19,231Insider loans
  • $3,689FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $34,539Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $13,696Total risk weighted assets
  • $152,822Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $14,310Total interest expense
  • $3,826Net interest income
  • $10,484Provision for loan and lease losses
  • $3,574Total noninterest income
  • $1,707Fiduciary activities
  • $0Service charges on deposit accounts
  • $1,296Trading account gains & fees
  • $0Additional noninterest income
  • $411Total noninterest expense
  • $10,737Salaries and employee benefits
  • $3,788Premises and equipment expense
  • $1,635Additional noninterest expense
  • $5,314Pre-tax net operating income
  • -$2,120Securities gains (losses)
  • $183Applicable income taxes
  • -$908Income before extraordinary items
  • -$1,029Extraordinary gains - net
  • $0Net income attributable to bank
  • -$1,029Net charge-offs
  • $1,170Cash dividends
  • $200Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.51%Cost of funding earning assets
  • 2.27%Net interest margin
  • 6.23%Noninterest income to earning assets
  • 1.01%Noninterest expense to earning assets
  • 6.38%Net operating income to assets
  • -0.58%Return on assets (ROA)
  • -0.52%Pretax return on assets
  • -0.97%Return on equity (ROE)
  • -8.88%Retained earnings to average equity (YTD only)
  • -10.60%Net charge-offs to loans
  • 0.96%Credit loss provision to net charge-offs
  • 305.47%Efficiency ratio
  • 88,073Assets per employee
  • 2.33%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -19.44%Loss allowance to loans
  • 2.53%Loss allowance to noncurrent loans
  • 260.42%Noncurrent assets plus other real estate owned to assets
  • 0.86%Noncurrent loans to loans
  • 0.97%Net loans and leases to deposits
  • 61.35%Net loans and leases to core deposits
  • 67.36%Equity capital to assets
  • 5.93%Core capital (leverage) ratio
  • 6.43%Tier 1 risk-based capital ratio
  • 8.96%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $199,175Average earning assets
  • $11,591Average equity
  • $168,205Average loans

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