First Interstate Bank of Nevada, National Association in city_name, state_name

First Interstate Bank of Nevada, National Association in Las Vegas, Nevada (NV)
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First Interstate Bank of Nevada, National Association - Overview

General
FDIC Certificate #: 2278
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Wells Fargo Bank, National Association (#3511)
Federal Reserve ID: 289467
Date Established: January 01, 1903
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 77 (Interstate: No)
FDIC's unique #: 1508
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: June 01, 1996
Last Structure Change Process Date: June 06, 1996
Last Data Update: June 06, 1996
Data Source Date: April 05, 2012
Location
Address: 3800 Howard Hughes Parkway, Las Vegas, NV 89109
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: $3,854.1 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$1,035Total assets
$3,846,217Cash and due from depository institutions
$455,672Interest-bearing balances
$0Securities
$1,017,816Federal funds sold & reverse repurchase agreements
$633,170Net loans & leases
$1,614,388Loan loss allowance
$45,547Trading account assets
$0Bank premises and fixed assets
$61,611Other real estate owned
$64Goodwill and other intangibles
$63,496Life insurance assets
$0All other assets
$0Total liabilities and capital
$3,846,217Total liabilities
$3,636,751Total deposits
$3,499,531Interest-bearing deposits
$2,316,920Deposits held in domestic offices
3499531.00%% insured (estimated)
$77Federal funds purchased & repurchase agreements
$99,110Trading liabilities
$0Other borrowed funds
$1,041Subordinated debt
$0All other liabilities
$37,069Total equity capital
$37,069Total bank equity capital
$209,466Perpetual preferred stock
$0Common stock
$50,000Surplus
$52,298Undivided profits
Memoranda
$107,168Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$3,688Income earned, not collected on loans
$10,066Earning assets
$3,265,374Long-term assets (5+ years)
$846,428Average Assets, year-to-date
$3,715,272Average Assets, quarterly
$3,767,261Volatile liabilities
$159,177Insider loans
$2,731FHLB advances
$0Loans and leases held for sale
$46Unused loan commitments
$1,638,551Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$207,756Total risk weighted assets
$2,226,262Total unused commitments
$0Restructured Loans and leases
$211,192Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$242,701Total interest expense
$68,253Net interest income
$174,448Provision for loan and lease losses
$0Total noninterest income
$67,192Fiduciary activities
$9,612Service charges on deposit accounts
$34,467Trading account gains & fees
$0Additional noninterest income
$23,113Total noninterest expense
$120,665Salaries and employee benefits
$34,851Premises and equipment expense
$10,063Additional noninterest expense
$75,751Pre-tax net operating income
$120,975Securities gains (losses)
$0Applicable income taxes
$41,620Income before extraordinary items
$79,355Extraordinary gains - net
$0Net income attributable to bank
$79,355Net charge-offs
$1,734Cash dividends
$102,100Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.62%Cost of funding earning assets
2.14%Net interest margin
5.48%Noninterest income to earning assets
2.11%Noninterest expense to earning assets
3.79%Net operating income to assets
2.14%Return on assets (ROA)
2.14%Pretax return on assets
3.26%Return on equity (ROE)
37.32%Retained earnings to average equity (YTD only)
-10.70%Net charge-offs to loans
0.11%Credit loss provision to net charge-offs
0.00%Efficiency ratio
49,936Assets per employee
3.72%Cash dividends to net income (YTD only)
Condition Ratios (%)
128.66%Loss allowance to loans
2.74%Loss allowance to noncurrent loans
1235.01%Noncurrent assets plus other real estate owned to assets
0.10%Noncurrent loans to loans
0.22%Net loans and leases to deposits
46.13%Net loans and leases to core deposits
46.94%Equity capital to assets
5.45%Core capital (leverage) ratio
5.42%Tier 1 risk-based capital ratio
9.33%Total risk-based capital ratio
Memoranda
$11Average assets
$3,715,272Average earning assets
$212,638Average equity
$3,184,740Average loans

Gail long

⚠

Do you still have a banking museum in the LV headquarters on Wells Fargo drive?
Would you care to have a couple old fib newsletters including anniversary edition(s)?

First Interstate Bank of Nevada, National Association in Las Vegas, Nevada (NV)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Interstate Bank of Nevada, National Association - Overview

Assets and Liabilities (December 31, 1995)

Income and Expense (December 31, 1995)

Performance and Condition Ratios (December 31, 1995)

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

First Interstate Bank of Nevada, National Association in Las Vegas, Nevada (NV)Overview, Financial Summary, Detailed Financial Reports, Branches

First Interstate Bank of Nevada, National Association - Overview

Assets and Liabilities (December 31, 1995)

Income and Expense (December 31, 1995)

Performance and Condition Ratios (December 31, 1995)

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

First Interstate Bank of Nevada, National Association in Las Vegas, Nevada (NV)
Overview, Financial Summary, Detailed Financial Reports, Branches