Business Bank of Nevada in Las Vegas, Nevada (NV)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 01, 2007

  • Business Bank of Nevada in Las Vegas, Nevada (NV)
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Business Bank of Nevada - Overview

  • General
  • FDIC Certificate #: 34077
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: City National Bank (#17281)
    Federal Reserve ID: 2352815
    Date Established: October 18, 1995
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 7 (Interstate: No)
    OTS Docket #: 15983
    FDIC's unique #: 56214
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: October 18, 1995
    Last Structure Change Effective Date: May 01, 2007
    Last Structure Change Process Date: May 25, 2007
    Last Data Update: May 25, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 6085 West Twain Avenue, Las Vegas, NV 89103
    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: $524.0 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, 2006)

  • Dollar figures in thousands
  • 108Total employees (full-time equivalent)
  • $508,075Total assets
  • $24,724Cash and due from depository institutions
  • $0Interest-bearing balances
  • $67,676Securities
  • $12,400Federal funds sold & reverse repurchase agreements
  • $389,293Net loans & leases
  • $4,356Loan loss allowance
  • $0Trading account assets
  • $4,098Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $9,884All other assets
  • $508,075Total liabilities and capital
  • $459,529Total liabilities
  • $457,320Total deposits
  • $311,146Interest-bearing deposits
  • $457,320Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $2,209All other liabilities
  • $48,546Total equity capital
  • $48,546Total bank equity capital
  • $48,546Perpetual preferred stock
  • $0Common stock
  • $20Surplus
  • $26,549Undivided profits
  • Memoranda
  • $21,977Noncurrent loans and leases
  • $120,621Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $106Earning assets
  • $0Long-term assets (5+ years)
  • $2,394Average Assets, year-to-date
  • $469,369Average Assets, quarterly
  • $81,202Volatile liabilities
  • $469,281Insider loans
  • $497,917FHLB advances
  • $63,952Loans and leases held for sale
  • $12,440Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $40,000Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $120,621Total unused commitments
  • $0Restructured Loans and leases
  • $4,838Derivatives

Income and Expense (December 31, 2006)

  • Dollar figures in thousands
  • $35,075Total interest income
  • $9,494Total interest expense
  • $25,581Net interest income
  • $1,086Provision for loan and lease losses
  • $1,030Total noninterest income
  • $0Fiduciary activities
  • $770Service charges on deposit accounts
  • $0Trading account gains & fees
  • $260Additional noninterest income
  • $14,158Total noninterest expense
  • $7,626Salaries and employee benefits
  • $2,109Premises and equipment expense
  • $4,423Additional noninterest expense
  • $11,367Pre-tax net operating income
  • -$23Securities gains (losses)
  • $3,722Applicable income taxes
  • $7,622Income before extraordinary items
  • $0Extraordinary gains - net
  • $7,622Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$38Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2006)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.03%Yield on earning assets
  • 2.17%Cost of funding earning assets
  • 5.86%Net interest margin
  • 0.24%Noninterest income to earning assets
  • 3.24%Noninterest expense to earning assets
  • 1.63%Net operating income to assets
  • 1.62%Return on assets (ROA)
  • 2.42%Pretax return on assets
  • 17.73%Return on equity (ROE)
  • 17.73%Retained earnings to average equity (YTD only)
  • -0.01%Net charge-offs to loans
  • -2857.89%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 53,204Assets per employee
  • 4.70%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.11%Loss allowance to noncurrent loans
  • 4109.43%Noncurrent assets plus other real estate owned to assets
  • 0.02%Noncurrent loans to loans
  • 0.03%Net loans and leases to deposits
  • 85.12%Net loans and leases to core deposits
  • 98.96%Equity capital to assets
  • 9.55%Core capital (leverage) ratio
  • 10.08%Tier 1 risk-based capital ratio
  • 10.85%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $469,281Average earning assets
  • $43,000Average equity
  • $436,642Average loans

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