First National Bank of Nevada in city_name, state_name - Detailed Financial Reports, Location

First National Bank of Nevada in Reno, Nevada (NV)
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First National Bank of Nevada - Overview

General
FDIC Certificate #: 27011
Status: Inactive
Closing history: Absorption - Assisted
Acquiring institution: Mutual of Omaha Bank (#32325)
Federal Reserve ID: 411464
Date Established: July 23, 1987
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 38 (Interstate: No)
FDIC's unique #: 36453
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: No
Date of Deposit Insurance: July 23, 1987
Last Structure Change Effective Date: July 25, 2008
Last Structure Change Process Date: July 28, 2008
Last Data Update: July 28, 2008
Data Source Date: April 05, 2012
Location
Address: 6275 Neil Road, Reno, NV 89511
County: Washoe
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): Reno, NV (#6720)
Combined Statistical Area (CSA): Reno-Sparks-Fernley, NV (#456)
Core Based Statistical Area (CBSA): Reno-Sparks, NV (#39900)
CBSA Metro Statistical Area: Reno-Sparks, NV (#39900)
Financial Summary
Total assets: $3,411.1 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, 2007)

Dollar figures in thousands
227Total employees (full-time equivalent)
$1,460,523Total assets
$67,874Cash and due from depository institutions
$33Interest-bearing balances
$3,356Securities
$545,448Federal funds sold & reverse repurchase agreements
$787,613Net loans & leases
$11,925Loan loss allowance
$0Trading account assets
$2,585Bank premises and fixed assets
$0Other real estate owned
$29,486Goodwill and other intangibles
$0Life insurance assets
$24,161All other assets
$1,460,523Total liabilities and capital
$1,332,778Total liabilities
$1,244,105Total deposits
$983,229Interest-bearing deposits
$1,244,105Deposits held in domestic offices
0.00%% insured (estimated)
$500Federal funds purchased & repurchase agreements
$0Trading liabilities
$73,000Other borrowed funds
$0Subordinated debt
$15,173All other liabilities
$127,745Total equity capital
$127,745Total bank equity capital
$127,745Perpetual preferred stock
$0Common stock
$1,000Surplus
$43,410Undivided profits
Memoranda
$83,335Noncurrent loans and leases
$238,012Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$8,961Earning assets
$0Long-term assets (5+ years)
$3,952Average Assets, year-to-date
$1,336,450Average Assets, quarterly
$21,303Volatile liabilities
$1,471,078Insider loans
$1,446,884FHLB advances
$256,093Loans and leases held for sale
$5Unused loan commitments
$63,000Tier 1 (core) risk-based capital
$26,570Tier 2 risk-based capital
$5,153Total risk weighted assets
$238,012Total unused commitments
$0Restructured Loans and leases
$12,706Derivatives

Income and Expense (December 31, 2007)

Dollar figures in thousands
$112,839Total interest income
$43,332Total interest expense
$69,507Net interest income
$3,306Provision for loan and lease losses
$24,863Total noninterest income
$426Fiduciary activities
$1,153Service charges on deposit accounts
$0Trading account gains & fees
$23,284Additional noninterest income
$48,194Total noninterest expense
$13,132Salaries and employee benefits
$3,987Premises and equipment expense
$31,075Additional noninterest expense
$42,870Pre-tax net operating income
$1,501Securities gains (losses)
$16,268Applicable income taxes
$28,103Income before extraordinary items
$0Extraordinary gains - net
$28,103Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$572Sale, conversion, retirement of capital stock, net
$48,500Net operating income

Performance and Condition Ratios (December 31, 2007)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.40%Yield on earning assets
3.22%Cost of funding earning assets
5.17%Net interest margin
1.85%Noninterest income to earning assets
3.59%Noninterest expense to earning assets
1.85%Net operating income to assets
1.91%Return on assets (ROA)
3.02%Pretax return on assets
19.47%Return on equity (ROE)
-14.13%Retained earnings to average equity (YTD only)
-0.06%Net charge-offs to loans
-577.97%Credit loss provision to net charge-offs
0.00%Efficiency ratio
48,043Assets per employee
6.43%Cash dividends to net income (YTD only)
Condition Ratios (%)
172.58%Loss allowance to loans
1.49%Loss allowance to noncurrent loans
133.08%Noncurrent assets plus other real estate owned to assets
0.61%Noncurrent loans to loans
1.12%Net loans and leases to deposits
63.31%Net loans and leases to core deposits
74.20%Equity capital to assets
8.75%Core capital (leverage) ratio
7.04%Tier 1 risk-based capital ratio
9.74%Total risk-based capital ratio
Memoranda
$11Average assets
$1,471,078Average earning assets
$144,365Average equity
$1,343,744Average loans

Total Fiduciary and Related Assets (December 31, 2007)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$27,508Managed Assets
1Number of Accounts
$26,366Personal trust and agency accounts
$18,329Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$1,188Investment management agency accounts
$6,849Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
38Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$1,142Other retirement accounts
$1,142Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

First National Bank of Nevada in Reno, Nevada (NV)
Overview, Financial Summary, Detailed Financial Reports, Branches

First National Bank of Nevada - Overview

Assets and Liabilities (December 31, 2007)

Income and Expense (December 31, 2007)

Performance and Condition Ratios (December 31, 2007)

Total Fiduciary and Related Assets (December 31, 2007)

Comment about this bank, ask questions, or add new information about it:

First National Bank of Nevada in Reno, Nevada (NV)Overview, Financial Summary, Detailed Financial Reports, Branches

First National Bank of Nevada - Overview

Assets and Liabilities (December 31, 2007)

Income and Expense (December 31, 2007)

Performance and Condition Ratios (December 31, 2007)

Total Fiduciary and Related Assets (December 31, 2007)

Comment about this bank, ask questions, or add new information about it:

First National Bank of Nevada in Reno, Nevada (NV)
Overview, Financial Summary, Detailed Financial Reports, Branches