FDIC Certificate #: 57933 Status: Active Federal Reserve ID: 3370357 Date Established: August 01, 2005 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 #: 431782 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: August 01, 2005 Last Structure Change Effective Date: April 06, 2011 Last Structure Change Process Date: September 29, 2011 Last Data Update: September 29, 2011 Data Source Date: April 05, 2012
Location
Address: 6385 Simmons Street, North Las Vegas, NV 89031 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
Name Change
Financial Summary
Total assets: $83.4 mil Equity capital: $6.4 mil Deposits held in domestic offices: $76.8 mil Return on assets (ROA): -2.86% (-$2.4 mil) Quarterly return on assets: -3.71% (-$3.1 mil) Return on Equity (ROE): -33.62% (-$2.0 mil) Quarterly return on equity: -45.12% (-$2.7 mil) Net income: -$2.4 mil Quarterly Net income: -$0.8 mil Pretax return on assets: -2.86% (-$2,385.6 mil) Quarterly Pretax return on assets: -3.71% (-$3,094.6 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
15Total employees (full-time equivalent)
$83,412Total assets
$15,633Cash and due from depository institutions
$14,043Interest-bearing balances
$5,517Securities
$0Federal funds sold & reverse repurchase agreements
$49,854Net loans & leases
$2,499Loan loss allowance
$0Trading account assets
$3,049Bank premises and fixed assets
$8,527Other real estate owned
$0Goodwill and other intangibles
$83,412Life insurance assets
$832All other assets
$76,999Total liabilities and capital
$76,804Total liabilities
$65,193Total deposits
$76,804Interest-bearing deposits
$82Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$195Subordinated debt
$6,413All other liabilities
$6,413Total equity capital
$6,413Total bank equity capital
$0Perpetual preferred stock
$24Common stock
$21,111Surplus
$-14,722Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,927Income earned, not collected on loans
$0Earning assets
$190Long-term assets (5+ years)
$69,414Average Assets, year-to-date
$17,337Average Assets, quarterly
$83,476Volatile liabilities
$82,658Insider loans
$61,773FHLB advances
$84,197Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$6,402Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$6,593Restructured Loans and leases
$862Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,886Total interest income
$750Total interest expense
$2,136Net interest income
$313Provision for loan and lease losses
-$1,134Total noninterest income
$0Fiduciary activities
$33Service charges on deposit accounts
$0Trading account gains & fees
-$1,167Additional noninterest income
$3,080Total noninterest expense
$1,383Salaries and employee benefits
$258Premises and equipment expense
$1,439Additional noninterest expense
-$2,391Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$2,391Income before extraordinary items
$0Extraordinary gains - net
-$2,391Net income attributable to bank
$0Net charge-offs
-$2,391Cash dividends
$567Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.25%Yield on earning assets
1.10%Cost of funding earning assets
3.15%Net interest margin
-1.67%Noninterest income to earning assets
4.54%Noninterest expense to earning assets
-2.86%Net operating income to assets
-2.86%Return on assets (ROA)
-2.86%Pretax return on assets
-33.62%Return on equity (ROE)
-33.62%Retained earnings to average equity (YTD only)
1.08%Net charge-offs to loans
55.20%Credit loss provision to net charge-offs
-3.66%Efficiency ratio
307,385Assets per employee
5.56%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
4.77%Loss allowance to noncurrent loans
129.68%Noncurrent assets plus other real estate owned to assets
12.53%Noncurrent loans to loans
3.68%Net loans and leases to deposits
64.91%Net loans and leases to core deposits
86.75%Equity capital to assets
7.69%Core capital (leverage) ratio
7.60%Tier 1 risk-based capital ratio
10.36%Total risk-based capital ratio
Memoranda
$12Average assets
$83,476Average earning assets
$7,113Average equity
$67,888Average loans
List of branches
1 Nevada Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
431782
Valley Bank Of Nevada
6385 Simmons Street, North Las Vegas, NV 89031
August 01, 2005
Full Service Brick and Mortar
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