Beal Bank USA in Las Vegas, Nevada (NV)
Overview, Financial Summary, Detailed Financial Reports, Branches

Beal Bank USA - Overview

  • General
  • FDIC Certificate #: 57833
    Status: Active
    Federal Reserve ID: 3284397
    Date Established: August 02, 2004
    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
  • NoIDNameAddressEstablishedService TypeMap
    0427137Beal Bank Usa1970 Village Center Circle, Suite 1, Las Vegas, NV 89134August 02, 2004Full Service Brick and Mortar

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