FDIC Certificate #: 34274 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Bank of Nevada (#57035) Federal Reserve ID: 2442583 Date Established: November 01, 1996 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 57033 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: November 01, 1996 Last Structure Change Effective Date: April 27, 2002 Last Structure Change Process Date: May 07, 2002 Last Data Update: May 07, 2002 Data Source Date: April 05, 2012
Location
Address: 11 Pioneer Boulevard, Mesquite, NV 89027 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: $53.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2001)
Dollar figures in thousands
16Total employees (full-time equivalent)
$50,510Total assets
$4,690Cash and due from depository institutions
$4,019Interest-bearing balances
$4,545Securities
$12,969Federal funds sold & reverse repurchase agreements
$27,268Net loans & leases
$426Loan loss allowance
$0Trading account assets
$493Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$545All other assets
$50,510Total liabilities and capital
$46,541Total liabilities
$46,384Total deposits
$42,817Interest-bearing deposits
$46,384Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$157All other liabilities
$3,969Total equity capital
$3,969Total bank equity capital
$3,969Perpetual preferred stock
$0Common stock
$600Surplus
$2,400Undivided profits
Memoranda
$969Noncurrent loans and leases
$6,025Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$267Average Assets, year-to-date
$48,801Average Assets, quarterly
$5,045Volatile liabilities
$46,492Insider loans
$50,443FHLB advances
$6,408Loans and leases held for sale
$606Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$6,025Total unused commitments
$0Restructured Loans and leases
$410Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$3,759Total interest income
$1,671Total interest expense
$2,088Net interest income
$125Provision for loan and lease losses
$144Total noninterest income
$0Fiduciary activities
$124Service charges on deposit accounts
$0Trading account gains & fees
$20Additional noninterest income
$1,415Total noninterest expense
$736Salaries and employee benefits
$312Premises and equipment expense
$367Additional noninterest expense
$692Pre-tax net operating income
$0Securities gains (losses)
$235Applicable income taxes
$457Income before extraordinary items
$0Extraordinary gains - net
$457Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$85Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.54%Yield on earning assets
3.80%Cost of funding earning assets
4.74%Net interest margin
0.33%Noninterest income to earning assets
3.21%Noninterest expense to earning assets
0.98%Net operating income to assets
0.98%Return on assets (ROA)
1.49%Pretax return on assets
12.27%Return on equity (ROE)
12.27%Retained earnings to average equity (YTD only)
0.32%Net charge-offs to loans
147.06%Credit loss provision to net charge-offs
9.61%Efficiency ratio
63,396Assets per employee
3.16%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.54%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
58.79%Net loans and leases to core deposits
68.21%Equity capital to assets
7.86%Core capital (leverage) ratio
7.74%Tier 1 risk-based capital ratio
12.11%Total risk-based capital ratio
Memoranda
$13Average assets
$46,492Average earning assets
$3,723Average equity
$44,021Average loans
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 Mesquite State Bank.
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: