FDIC Certificate #: 34385 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Community Bank of Nevada (#34043) Federal Reserve ID: 2626815 Date Established: October 30, 1997 WWW:http://www.bankofcommerce-nevada.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Interstate: No) FDIC's unique #: 57148 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: October 30, 1997 Last Structure Change Effective Date: August 27, 2005 Last Structure Change Process Date: September 14, 2005 Last Data Update: September 14, 2005 Data Source Date: April 05, 2012
Location
Address: 7450 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: 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: $153.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2004)
Dollar figures in thousands
36Total employees (full-time equivalent)
$155,678Total assets
$1,511Cash and due from depository institutions
$0Interest-bearing balances
$22,826Securities
$9,097Federal funds sold & reverse repurchase agreements
$117,653Net loans & leases
$1,353Loan loss allowance
$0Trading account assets
$3,130Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,461All other assets
$155,678Total liabilities and capital
$141,042Total liabilities
$128,355Total deposits
$96,291Interest-bearing deposits
$128,355Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$12,200Other borrowed funds
$0Subordinated debt
$487All other liabilities
$14,638Total equity capital
$14,638Total bank equity capital
$14,638Perpetual preferred stock
$0Common stock
$11,444Surplus
$0Undivided profits
Memoranda
$3,192Noncurrent loans and leases
$16,174Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$955Earning assets
$340Long-term assets (5+ years)
$497Average Assets, year-to-date
$149,576Average Assets, quarterly
$6,488Volatile liabilities
$146,964Insider loans
$153,429FHLB advances
$16,405Loans and leases held for sale
$3,945Unused loan commitments
$12,200Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$16,174Total unused commitments
$848Restructured Loans and leases
$1,351Derivatives
Income and Expense (December 31, 2004)
Dollar figures in thousands
$8,463Total interest income
$1,701Total interest expense
$6,762Net interest income
$1,096Provision for loan and lease losses
$571Total noninterest income
$0Fiduciary activities
$397Service charges on deposit accounts
$0Trading account gains & fees
$174Additional noninterest income
$4,270Total noninterest expense
$2,120Salaries and employee benefits
$820Premises and equipment expense
$1,330Additional noninterest expense
$1,967Pre-tax net operating income
$59Securities gains (losses)
$689Applicable income taxes
$1,337Income before extraordinary items
$0Extraordinary gains - net
$1,337Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$920Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2004)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.12%Yield on earning assets
1.23%Cost of funding earning assets
4.89%Net interest margin
0.41%Noninterest income to earning assets
3.09%Noninterest expense to earning assets
0.88%Net operating income to assets
0.91%Return on assets (ROA)
1.38%Pretax return on assets
9.54%Return on equity (ROE)
9.54%Retained earnings to average equity (YTD only)
0.86%Net charge-offs to loans
119.13%Credit loss provision to net charge-offs
3.33%Efficiency ratio
58,230Assets per employee
4.32%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.14%Loss allowance to noncurrent loans
141.68%Noncurrent assets plus other real estate owned to assets
0.61%Noncurrent loans to loans
0.80%Net loans and leases to deposits
91.66%Net loans and leases to core deposits
103.25%Equity capital to assets
9.40%Core capital (leverage) ratio
9.41%Tier 1 risk-based capital ratio
12.07%Total risk-based capital ratio
Memoranda
$13Average assets
$146,964Average earning assets
$14,017Average equity
$138,266Average loans
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