FDIC Certificate #: 58499 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Royal Business Bank (#58816) Federal Reserve ID: 3604155 Date Established: June 06, 2007 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 454573 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: June 06, 2007 Last Structure Change Effective Date: July 09, 2011 Last Structure Change Process Date: August 24, 2011 Last Data Update: August 24, 2011 Data Source Date: April 05, 2012
Location
Address: 2610 S Jones Blvd, Las Vegas, NV 89146 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: $30.2 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2010)
Dollar figures in thousands
15Total employees (full-time equivalent)
$35,103Total assets
$1,087Cash and due from depository institutions
$0Interest-bearing balances
$0Securities
$9,330Federal funds sold & reverse repurchase agreements
$23,413Net loans & leases
$1,096Loan loss allowance
$0Trading account assets
$771Bank premises and fixed assets
$9Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$493All other assets
$35,103Total liabilities and capital
$32,171Total liabilities
$31,904Total deposits
$30,310Interest-bearing deposits
$31,904Deposits held in domestic offices
97.69%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$267All other liabilities
$2,932Total equity capital
$2,932Total bank equity capital
$2,932Perpetual preferred stock
$0Common stock
$13Surplus
$13,720Undivided profits
Memoranda
$-10,801Noncurrent loans and leases
$855Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$4,079Earning assets
$175Long-term assets (5+ years)
$115Average Assets, year-to-date
$32,743Average Assets, quarterly
$7,922Volatile liabilities
$39,809Insider loans
$37,055FHLB advances
$17,654Loans and leases held for sale
$1,441Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$855Total unused commitments
$1,122Restructured Loans and leases
$338Derivatives
Income and Expense (December 31, 2010)
Dollar figures in thousands
$1,549Total interest income
$607Total interest expense
$942Net interest income
$1,057Provision for loan and lease losses
$34Total noninterest income
$0Fiduciary activities
$18Service charges on deposit accounts
$0Trading account gains & fees
$16Additional noninterest income
$2,893Total noninterest expense
$1,091Salaries and employee benefits
$586Premises and equipment expense
$1,216Additional noninterest expense
-$2,974Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$2,974Income before extraordinary items
$0Extraordinary gains - net
-$2,974Net income attributable to bank
$0Net charge-offs
-$2,974Cash dividends
$1,089Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2010)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.16%Yield on earning assets
1.63%Cost of funding earning assets
2.53%Net interest margin
0.09%Noninterest income to earning assets
7.77%Noninterest expense to earning assets
-7.47%Net operating income to assets
-7.47%Return on assets (ROA)
-7.47%Pretax return on assets
-68.15%Return on equity (ROE)
-68.15%Retained earnings to average equity (YTD only)
3.71%Net charge-offs to loans
97.06%Credit loss provision to net charge-offs
-1.76%Efficiency ratio
296,414Assets per employee
2.34%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
4.47%Loss allowance to noncurrent loans
26.87%Noncurrent assets plus other real estate owned to assets
11.65%Noncurrent loans to loans
16.64%Net loans and leases to deposits
73.39%Net loans and leases to core deposits
164.30%Equity capital to assets
8.35%Core capital (leverage) ratio
7.86%Tier 1 risk-based capital ratio
11.16%Total risk-based capital ratio
Memoranda
$12Average assets
$39,809Average earning assets
$4,364Average equity
$37,211Average loans
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