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

This bank is inactive as of August 14, 2009

  • Community Bank of Nevada in Las Vegas, Nevada (NV)
  • Show street view No street view available for this location

Community Bank of Nevada - Overview

  • General
  • FDIC Certificate #: 34043
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Deposit Insurance National Bank of Las Vegas (#59002)
    Federal Reserve ID: 2319676
    Date Established: July 14, 1995
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 14 (Interstate: No)
    FDIC's unique #: 56021
    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: July 14, 1995
    Last Structure Change Effective Date: August 14, 2009
    Last Structure Change Process Date: August 19, 2009
    Last Data Update: August 19, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 1400 South Rainbow Boulevard, Las Vegas, NV 89146
    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
  • Absorption - Assisted
    Corrections
  • Financial Summary
  • Total assets: $1,397.8 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, 2008)

  • Dollar figures in thousands
  • 241Total employees (full-time equivalent)
  • $1,706,349Total assets
  • $20,695Cash and due from depository institutions
  • $5,762Interest-bearing balances
  • $55,737Securities
  • $290,354Federal funds sold & reverse repurchase agreements
  • $1,194,614Net loans & leases
  • $101,318Loan loss allowance
  • $0Trading account assets
  • $19,427Bank premises and fixed assets
  • $72,238Other real estate owned
  • $0Goodwill and other intangibles
  • $10,912Life insurance assets
  • $53,284All other assets
  • $1,706,349Total liabilities and capital
  • $1,621,563Total liabilities
  • $1,578,283Total deposits
  • $1,444,078Interest-bearing deposits
  • $1,578,283Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $35,315Other borrowed funds
  • $0Subordinated debt
  • $7,965All other liabilities
  • $84,786Total equity capital
  • $84,786Total bank equity capital
  • $84,786Perpetual preferred stock
  • $0Common stock
  • $919Surplus
  • $216,042Undivided profits
  • Memoranda
  • $-132,175Noncurrent loans and leases
  • $178,847Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $203,896Earning assets
  • $1,661Long-term assets (5+ years)
  • $4,592Average Assets, year-to-date
  • $1,546,467Average Assets, quarterly
  • $128,325Volatile liabilities
  • $1,633,005Insider loans
  • $1,654,208FHLB advances
  • $221,827Loans and leases held for sale
  • $1,866Unused loan commitments
  • $35,000Tier 1 (core) risk-based capital
  • $9,239Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $178,847Total unused commitments
  • $0Restructured Loans and leases
  • $19,469Derivatives

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $94,917Total interest income
  • $40,559Total interest expense
  • $54,358Net interest income
  • $118,505Provision for loan and lease losses
  • $3,371Total noninterest income
  • $0Fiduciary activities
  • $1,556Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,815Additional noninterest income
  • $143,867Total noninterest expense
  • $9,980Salaries and employee benefits
  • $4,430Premises and equipment expense
  • $129,457Additional noninterest expense
  • -$204,643Pre-tax net operating income
  • $196Securities gains (losses)
  • -$15,553Applicable income taxes
  • -$188,894Income before extraordinary items
  • $0Extraordinary gains - net
  • -$188,894Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $33,180Sale, conversion, retirement of capital stock, net
  • $9,495Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.56%Yield on earning assets
  • 2.80%Cost of funding earning assets
  • 3.76%Net interest margin
  • 0.23%Noninterest income to earning assets
  • 9.94%Noninterest expense to earning assets
  • -11.58%Net operating income to assets
  • -11.57%Return on assets (ROA)
  • -12.52%Pretax return on assets
  • -80.65%Return on equity (ROE)
  • -84.70%Retained earnings to average equity (YTD only)
  • 2.45%Net charge-offs to loans
  • 357.16%Credit loss provision to net charge-offs
  • -2.60%Efficiency ratio
  • 57,152Assets per employee
  • 7.08%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -5.03%Loss allowance to loans
  • 7.82%Loss allowance to noncurrent loans
  • 49.69%Noncurrent assets plus other real estate owned to assets
  • 16.18%Noncurrent loans to loans
  • 15.73%Net loans and leases to deposits
  • 75.69%Net loans and leases to core deposits
  • 85.85%Equity capital to assets
  • 4.97%Core capital (leverage) ratio
  • 5.02%Tier 1 risk-based capital ratio
  • 5.70%Total risk-based capital ratio
  • Memoranda
  • $7Average assets
  • $1,633,005Average earning assets
  • $234,225Average equity
  • $1,446,920Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Community Bank of Nevada.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents