Town North Bank Nevada, National Association in Henderson, Nevada (NV)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 09, 2012

Town North Bank Nevada, National Association - Overview

  • General
  • FDIC Certificate #: 57969
    Status: Inactive
    Federal Reserve ID: 3385324
    Bank Holding Company (Regulatory Top Holder): Cu Bank Shares, Inc. (RSSDID: 1102581, Location: Dallas, TX)
    Date Established: October 06, 2005
    WWW: http://www.tnbonline.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 432805
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Directly owned by another bank (CERT): #57969
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: October 06, 2005
    Last Structure Change Effective Date: March 09, 2012
    Last Structure Change Process Date: March 19, 2012
    Last Data Update: March 19, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 871 Coronado Center Drive, Henderson, NV 89052
    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)
  • History of Changes
  • Other Liquidations and Closings
  • Financial Summary
  • Total assets: $11.1 mil
    Equity capital: $10.6 mil
    Deposits held in domestic offices: $0.5 mil
    Return on assets (ROA): -0.58% (-$0.1 mil)
    Quarterly return on assets: 0.18% ($0.0 mil)
    Return on Equity (ROE): -0.60% (-$0.1 mil)
    Quarterly return on equity: 0.19% ($0.0 mil)
    Net income: -$0.1 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: -0.58% (-$64.5 mil)
    Quarterly Pretax return on assets: 0.18% ($20.0 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
  • 6Total employees (full-time equivalent)
  • $11,114Total assets
  • $4,891Cash and due from depository institutions
  • $4,891Interest-bearing balances
  • $1,787Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $4,045Net loans & leases
  • $486Loan loss allowance
  • $0Trading account assets
  • $0Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $11,114Life insurance assets
  • $391All other assets
  • $522Total liabilities and capital
  • $500Total liabilities
  • $500Total deposits
  • $500Interest-bearing deposits
  • $50Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $22Subordinated debt
  • $10,592All other liabilities
  • $10,592Total equity capital
  • $10,592Total bank equity capital
  • $0Perpetual preferred stock
  • $12,250Common stock
  • $585Surplus
  • $-2,243Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $154Income earned, not collected on loans
  • $0Earning assets
  • $24Long-term assets (5+ years)
  • $10,723Average Assets, year-to-date
  • $1,787Average Assets, quarterly
  • $11,107Volatile liabilities
  • $11,118Insider loans
  • $5,159FHLB advances
  • $10,969Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $10,490Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $11,264Restructured Loans and leases
  • $12Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $669Total interest income
  • $13Total interest expense
  • $656Net interest income
  • -$155Provision for loan and lease losses
  • $244Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $244Additional noninterest income
  • $1,119Total noninterest expense
  • $353Salaries and employee benefits
  • $75Premises and equipment expense
  • $691Additional noninterest expense
  • -$64Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$64Income before extraordinary items
  • $0Extraordinary gains - net
  • -$64Net income attributable to bank
  • $0Net charge-offs
  • -$64Cash dividends
  • $526Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.26%Yield on earning assets
  • 0.12%Cost of funding earning assets
  • 6.13%Net interest margin
  • 2.28%Noninterest income to earning assets
  • 10.46%Noninterest expense to earning assets
  • -0.58%Net operating income to assets
  • -0.58%Return on assets (ROA)
  • -0.58%Pretax return on assets
  • -0.60%Return on equity (ROE)
  • -0.60%Retained earnings to average equity (YTD only)
  • 9.58%Net charge-offs to loans
  • -29.47%Credit loss provision to net charge-offs
  • -0.42%Efficiency ratio
  • 124,333Assets per employee
  • 1.85%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 10.73%Loss allowance to noncurrent loans
  • 315.58%Noncurrent assets plus other real estate owned to assets
  • 1.39%Noncurrent loans to loans
  • 3.40%Net loans and leases to deposits
  • 809.00%Net loans and leases to core deposits
  • 0.00%Equity capital to assets
  • 95.30%Core capital (leverage) ratio
  • 95.63%Tier 1 risk-based capital ratio
  • 203.33%Total risk-based capital ratio
  • Memoranda
  • $205Average assets
  • $11,107Average earning assets
  • $10,581Average equity
  • $10,695Average loans

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