First Republic Bank in city_name, state_name - Detailed Financial Reports, Location

First Republic Bank in Las Vegas, Nevada (NV)
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First Republic Bank - Overview

General
FDIC Certificate #: 26665
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Merrill Lynch Bank & Trust Co., FSB (#34571)
Federal Reserve ID: 131360
Date Established: August 31, 1979
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 45 (Interstate: No)
OTS Docket #: 13802
FDIC's unique #: 35404
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: May 06, 1986
Last Structure Change Effective Date: September 21, 2007
Last Structure Change Process Date: October 03, 2007
Last Data Update: October 03, 2007
Data Source Date: April 05, 2012
Location
Address: 8310 West Sahara Avenue, Las Vegas, NV 89117
County: Clark
Quarterly Banking Profile Region: San Francisco
FDIC Geographic Region: San Francisco
FDIC Supervisory Region: San Francisco
FDIC Field Office: San Francisco
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: $12,896.3 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
1,076Total employees (full-time equivalent)
$11,668,503Total assets
$250,946Cash and due from depository institutions
$2,758Interest-bearing balances
$2,338,465Securities
$15,000Federal funds sold & reverse repurchase agreements
$8,241,200Net loans & leases
$51,706Loan loss allowance
$0Trading account assets
$79,627Bank premises and fixed assets
$443Other real estate owned
$223,948Goodwill and other intangibles
$178,985Life insurance assets
$518,874All other assets
$11,668,503Total liabilities and capital
$10,880,318Total liabilities
$8,954,920Total deposits
$7,514,300Interest-bearing deposits
$8,954,920Deposits held in domestic offices
0.00%% insured (estimated)
$25,683Federal funds purchased & repurchase agreements
$0Trading liabilities
$1,564,648Other borrowed funds
$63,770Subordinated debt
$271,297All other liabilities
$788,185Total equity capital
$788,185Total bank equity capital
$788,185Perpetual preferred stock
$115,000Common stock
$310Surplus
$335,197Undivided profits
Memoranda
$337,678Noncurrent loans and leases
$3,236,581Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$10,787Earning assets
$0Long-term assets (5+ years)
$75,397Average Assets, year-to-date
$10,597,423Average Assets, quarterly
$3,674,369Volatile liabilities
$10,337,626Insider loans
$11,193,891FHLB advances
$2,088,939Loans and leases held for sale
$209Unused loan commitments
$1,564,648Tier 1 (core) risk-based capital
$41,266Tier 2 risk-based capital
$78,539Total risk weighted assets
$3,236,581Total unused commitments
$0Restructured Loans and leases
$117,200Derivatives

Income and Expense (December 31, 2006)

Dollar figures in thousands
$605,652Total interest income
$307,557Total interest expense
$298,095Net interest income
$0Provision for loan and lease losses
$80,091Total noninterest income
$4,432Fiduciary activities
$2,375Service charges on deposit accounts
$0Trading account gains & fees
$73,284Additional noninterest income
$284,677Total noninterest expense
$137,208Salaries and employee benefits
$45,119Premises and equipment expense
$102,350Additional noninterest expense
$93,509Pre-tax net operating income
-$34Securities gains (losses)
$24,303Applicable income taxes
$69,172Income before extraordinary items
$0Extraordinary gains - net
$69,172Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$4,356Sale, conversion, retirement of capital stock, net
$22,313Net operating income

Performance and Condition Ratios (December 31, 2006)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.35%Yield on earning assets
3.23%Cost of funding earning assets
3.13%Net interest margin
0.84%Noninterest income to earning assets
2.99%Noninterest expense to earning assets
0.67%Net operating income to assets
0.67%Return on assets (ROA)
0.90%Pretax return on assets
10.72%Return on equity (ROE)
7.26%Retained earnings to average equity (YTD only)
-0.06%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
75,106Assets per employee
10.84%Cash dividends to net income (YTD only)
Condition Ratios (%)
32.26%Loss allowance to loans
0.62%Loss allowance to noncurrent loans
479.34%Noncurrent assets plus other real estate owned to assets
0.10%Noncurrent loans to loans
0.13%Net loans and leases to deposits
92.03%Net loans and leases to core deposits
106.40%Equity capital to assets
6.75%Core capital (leverage) ratio
6.55%Tier 1 risk-based capital ratio
9.63%Total risk-based capital ratio
Memoranda
$11Average assets
$10,337,626Average earning assets
$645,417Average equity
$9,533,394Average loans

Total Fiduciary and Related Assets (December 31, 2006)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$1,452,391Managed Assets
1Number of Accounts
$1,420,243Personal trust and agency accounts
$1,259,655Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$1,407Corporate trust and agency accounts
$0Investment management agency accounts
$159,181Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
216Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$32,148Other retirement accounts
$9,111Corporate trust and agency accounts
$4,228Other fiduciary accounts
$18,808Fiduciary accounts held in foreign offices

Bank Assets Sold and Securitized (December 31, 2003)

Dollar figures in thousands
Principal balance with servicing or other recourse retained
$1,265,5001-4 family residential loans
$0Home equity lines
$0Credit cards receivables
$0Auto loans
$0Other consumer loans
$20,873Commercial and industrial loans

First Republic Bank in Las Vegas, Nevada (NV)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Republic Bank - Overview

Assets and Liabilities (December 31, 2006)

Income and Expense (December 31, 2006)

Performance and Condition Ratios (December 31, 2006)

Total Fiduciary and Related Assets (December 31, 2006)

Bank Assets Sold and Securitized (December 31, 2003)

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

First Republic Bank in Las Vegas, Nevada (NV)Overview, Financial Summary, Detailed Financial Reports, Branches

First Republic Bank - Overview

Assets and Liabilities (December 31, 2006)

Income and Expense (December 31, 2006)

Performance and Condition Ratios (December 31, 2006)

Total Fiduciary and Related Assets (December 31, 2006)

Bank Assets Sold and Securitized (December 31, 2003)

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

First Republic Bank in Las Vegas, Nevada (NV)
Overview, Financial Summary, Detailed Financial Reports, Branches