Kirkwood Bank of Nevada in Las Vegas, Nevada (NV)



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Kirkwood Bank of Nevada routing number info

Table of contents:
Kirkwood Bank of Nevada
GeneralFDIC Certificate #: 58806
Status: Active
Federal Reserve ID: 3720336
Bank Holding Company (Regulatory Top Holder): Kirkwood Bancorporation Co. (RSSDID: 1843558, Location: Bismarck, ND)
Date Established: June 02, 2008
WWW: http://www.kirkwoodbanknv.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 #: 468841
Numeric code: 21
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: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: June 02, 2008
Last Structure Change Effective Date: May 20, 2011
Last Structure Change Process Date: May 20, 2011
Last Data Update: May 20, 2011
Data Source Date: April 05, 2012
LocationAddress: 9436 West Lake Mead Boulevard, Las Vegas, NV 89134
County: Clark
Quarterly Banking Profile Region: San Francisco
FDIC Geographic Region: San Francisco
FDIC Supervisory Region: Kansas City
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 SummaryTotal assets: $41.8 mil
Equity capital: $8.8 mil
Deposits held in domestic offices: $32.9 mil
Return on assets (ROA): -0.96% (-$0.4 mil)
Quarterly return on assets: -0.67% (-$0.3 mil)
Return on Equity (ROE): -4.13% (-$0.4 mil)
Quarterly return on equity: -3.07% (-$0.3 mil)
Net income: -$0.4 mil
Quarterly Net income: -$0.1 mil
Pretax return on assets: -0.96% (-$401.5 mil)
Quarterly Pretax return on assets: -0.67% (-$280.2 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)
Total employees (full-time equivalent)9
Total assets$41,827
Cash and due from depository institutions$11,517
Interest-bearing balances$10,566
Securities$0
Federal funds sold & reverse repurchase agreements$2,202
Net loans & leases$27,153
Loan loss allowance $400
Trading account assets$0
Bank premises and fixed assets$77
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$878
Life insurance assets$41,826
Total liabilities and capital$32,997
Total liabilities$32,916
Total deposits$27,252
Interest-bearing deposits$32,916
Deposits held in domestic offices$89
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $81
All other liabilities $8,829
Total equity capital$8,829
Total bank equity capital$8,829
Perpetual preferred stock$0
Common stock$100
Surplus$10,811
Undivided profits $-2,082
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $0
Earning assets $0
Long-term assets (5+ years) $106
Average Assets, year-to-date $39,921
Average Assets, quarterly $6,448
Volatile liabilities $38,613
Insider loans $40,768
FHLB advances $28,662
Loans and leases held for sale $40,416
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $8,244
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $3,378
Derivatives$1,872
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $1,523
Total interest expense $241
Net interest income $1,282
Provision for loan and lease losses $113
Total noninterest income $121
Fiduciary activities $0
Service charges on deposit accounts $63
Trading account gains & fees $0
Additional noninterest income $58
Total noninterest expense $1,660
Salaries and employee benefits $1,029
Premises and equipment expense $187
Additional noninterest expense $444
Pre-tax net operating income -$370
Securities gains (losses) $0
Applicable income taxes $0
Income before extraordinary items -$370
Extraordinary gains - net $0
Net income attributable to bank -$370
Net charge-offs $0
Cash dividends -$370
Sale, conversion, retirement of capital stock, net $0
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.13%
Cost of funding earning assets 0.65%
Net interest margin 3.48%
Noninterest income to earning assets 0.33%
Noninterest expense to earning assets 4.50%
Net operating income to assets -0.96%
Return on assets (ROA) -0.96%
Pretax return on assets -0.96%
Return on equity (ROE) -4.13%
Retained earnings to average equity (YTD only) -4.13%
Net charge-offs to loans 0.00%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio0.00%
Assets per employee$118,318
Cash dividends to net income (YTD only)4.65%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.45%
Noncurrent assets plus other real estate owned to assets 0.00%
Noncurrent loans to loans 0.00%
Net loans and leases to deposits0.00%
Net loans and leases to core deposits 82.49%
Equity capital to assets 85.77%
Core capital (leverage) ratio 21.11%
Tier 1 risk-based capital ratio 20.40%
Total risk-based capital ratio 28.76%
Memoranda
Average assets$30
Average earning assets$38,613
Average equity $8,951
Average loans $36,887
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1 Nevada Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0468841Kirkwood Bank Of Nevada9436 West Lake Mead Boulevard, Las Vegas, NV 89134June 02, 2008Full Service Brick and Mortar
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