FDIC Certificate #: 58806 Status: Active Federal Reserve ID: 3720336 Bank Holding Company (Regulatory Top Holder): Kirkwood Bancorporation Co. (RSSDID: 1843558, Location: Bismarck, ND) Date Established: June 02, 2008 WWW:http://www.kirkwoodbanknv.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 468841 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: June 02, 2008 Last Structure Change Effective Date: May 20, 2011 Last Structure Change Process Date: May 20, 2011 Last Data Update: May 20, 2011 Data Source Date: April 05, 2012
Location
Address: 9436 West Lake Mead Boulevard, Las Vegas, NV 89134 County: Clark Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: Kansas City 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: $41.8 mil Equity capital: $8.8 mil Deposits held in domestic offices: $32.9 mil Return on assets (ROA): -0.96% (-$0.4 mil) Quarterly return on assets: -0.67% (-$0.3 mil) Return on Equity (ROE): -4.13% (-$0.4 mil) Quarterly return on equity: -3.07% (-$0.3 mil) Net income: -$0.4 mil Quarterly Net income: -$0.1 mil Pretax return on assets: -0.96% (-$401.5 mil) Quarterly Pretax return on assets: -0.67% (-$280.2 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
9Total employees (full-time equivalent)
$41,827Total assets
$11,517Cash and due from depository institutions
$10,566Interest-bearing balances
$0Securities
$2,202Federal funds sold & reverse repurchase agreements
$27,153Net loans & leases
$400Loan loss allowance
$0Trading account assets
$77Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$41,826Life insurance assets
$878All other assets
$32,997Total liabilities and capital
$32,916Total liabilities
$27,252Total deposits
$32,916Interest-bearing deposits
$89Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$81Subordinated debt
$8,829All other liabilities
$8,829Total equity capital
$8,829Total bank equity capital
$0Perpetual preferred stock
$100Common stock
$10,811Surplus
$-2,082Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$106Long-term assets (5+ years)
$39,921Average Assets, year-to-date
$6,448Average Assets, quarterly
$38,613Volatile liabilities
$40,768Insider loans
$28,662FHLB advances
$40,416Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$8,244Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$3,378Restructured Loans and leases
$1,872Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,523Total interest income
$241Total interest expense
$1,282Net interest income
$113Provision for loan and lease losses
$121Total noninterest income
$0Fiduciary activities
$63Service charges on deposit accounts
$0Trading account gains & fees
$58Additional noninterest income
$1,660Total noninterest expense
$1,029Salaries and employee benefits
$187Premises and equipment expense
$444Additional noninterest expense
-$370Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$370Income before extraordinary items
$0Extraordinary gains - net
-$370Net income attributable to bank
$0Net charge-offs
-$370Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.13%Yield on earning assets
0.65%Cost of funding earning assets
3.48%Net interest margin
0.33%Noninterest income to earning assets
4.50%Noninterest expense to earning assets
-0.96%Net operating income to assets
-0.96%Return on assets (ROA)
-0.96%Pretax return on assets
-4.13%Return on equity (ROE)
-4.13%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
118,318Assets per employee
4.65%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.45%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
82.49%Net loans and leases to core deposits
85.77%Equity capital to assets
21.11%Core capital (leverage) ratio
20.40%Tier 1 risk-based capital ratio
28.76%Total risk-based capital ratio
Memoranda
$30Average assets
$38,613Average earning assets
$8,951Average equity
$36,887Average loans
List of branches
1 Nevada Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
468841
Kirkwood Bank Of Nevada
9436 West Lake Mead Boulevard, Las Vegas, NV 89134
June 02, 2008
Full Service Brick and Mortar
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Kirkwood Bank of Nevada.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: