FDIC Certificate #: 57833 Status: Active Federal Reserve ID: 3284397 Date Established: August 02, 2004 WWW:http://www.bealbanknevada.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 #: 427137 Numeric code: 23 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: Yes Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: August 02, 2004 Last Structure Change Effective Date: March 19, 2012 Last Structure Change Process Date: March 19, 2012 Last Data Update: March 19, 2012 Data Source Date: April 05, 2012
Location
Address: 1970 Village Center Circle, Suite 1, Las Vegas, NV 89134 County: Clark Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: Dallas 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: $5,722.3 mil Equity capital: $1,956.8 mil Deposits held in domestic offices: $2,865.5 mil Return on assets (ROA): 10.00% ($572.2 mil) Quarterly return on assets: 9.49% ($543.0 mil) Return on Equity (ROE): 27.40% ($536.2 mil) Quarterly return on equity: 27.28% ($533.9 mil) Net income: $599.7 mil Quarterly Net income: $131.0 mil Pretax return on assets: 10.00% ($572,227.2 mil) Quarterly Pretax return on assets: 9.49% ($543,043.6 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
62Total employees (full-time equivalent)
$5,722,272Total assets
$956,936Cash and due from depository institutions
$948,917Interest-bearing balances
$1,758,643Securities
$0Federal funds sold & reverse repurchase agreements
$2,683,236Net loans & leases
$90,031Loan loss allowance
$0Trading account assets
$483Bank premises and fixed assets
$117,241Other real estate owned
$0Goodwill and other intangibles
$5,722,272Life insurance assets
$205,733All other assets
$3,765,489Total liabilities and capital
$2,865,471Total liabilities
$2,865,471Total deposits
$2,865,471Interest-bearing deposits
$88Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$875,000Trading liabilities
$0Other borrowed funds
$25,018Subordinated debt
$1,956,783All other liabilities
$1,956,783Total equity capital
$1,956,783Total bank equity capital
$0Perpetual preferred stock
$1Common stock
$1,342,005Surplus
$614,777Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$312,546Income earned, not collected on loans
$0Earning assets
$25,950Long-term assets (5+ years)
$5,390,796Average Assets, year-to-date
$1,918,274Average Assets, quarterly
$5,995,822Volatile liabilities
$5,521,086Insider loans
$4,424,574FHLB advances
$5,716,355Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$1,962,801Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$54,006Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$684,220Total interest income
$17,691Total interest expense
$666,529Net interest income
$99,295Provision for loan and lease losses
$18,445Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$18,445Additional noninterest income
$82,963Total noninterest expense
$17,518Salaries and employee benefits
$512Premises and equipment expense
$64,933Additional noninterest expense
$502,716Pre-tax net operating income
$97,034Securities gains (losses)
$24Applicable income taxes
$599,726Income before extraordinary items
$0Extraordinary gains - net
$599,726Net income attributable to bank
$0Net charge-offs
$599,726Cash dividends
$54,506Sale, conversion, retirement of capital stock, net
$794,333Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
12.10%Yield on earning assets
0.31%Cost of funding earning assets
11.79%Net interest margin
0.33%Noninterest income to earning assets
1.47%Noninterest expense to earning assets
8.38%Net operating income to assets
10.00%Return on assets (ROA)
10.00%Pretax return on assets
27.40%Return on equity (ROE)
-8.89%Retained earnings to average equity (YTD only)
1.98%Net charge-offs to loans
182.17%Credit loss provision to net charge-offs
11.04%Efficiency ratio
12,112Assets per employee
92.29%Cash dividends to net income (YTD only)
Condition Ratios (%)
132.45%Loss allowance to loans
3.25%Loss allowance to noncurrent loans
28.81%Noncurrent assets plus other real estate owned to assets
7.51%Noncurrent loans to loans
11.27%Net loans and leases to deposits
93.64%Net loans and leases to core deposits
497.25%Equity capital to assets
34.20%Core capital (leverage) ratio
34.34%Tier 1 risk-based capital ratio
44.36%Total risk-based capital ratio
Memoranda
$45Average assets
$5,995,822Average earning assets
$2,189,127Average equity
$5,655,183Average loans
List of branches
1 Nevada Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
427137
Beal Bank Usa
1970 Village Center Circle, Suite 1, Las Vegas, NV 89134
August 02, 2004
Full Service Brick and Mortar
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