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


Kirkwood Bank of Nevada - Overview

  • General
  • FDIC 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
  • Location
  • Address: 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 Summary
  • Total 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
  • 9Total employees (full-time equivalent)
  • $41,827Total assets
  • $11,517Cash and due from depository institutions
  • $10,566Interest-bearing balances
  • $0Securities
  • $2,202Federal funds sold & reverse repurchase agreements
  • $27,153Net loans & leases
  • $400Loan loss allowance
  • $0Trading account assets
  • $77Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $41,826Life insurance assets
  • $878All other assets
  • $32,997Total liabilities and capital
  • $32,916Total liabilities
  • $27,252Total deposits
  • $32,916Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $81Subordinated debt
  • $8,829All other liabilities
  • $8,829Total equity capital
  • $8,829Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $10,811Surplus
  • $-2,082Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $106Long-term assets (5+ years)
  • $39,921Average Assets, year-to-date
  • $6,448Average Assets, quarterly
  • $38,613Volatile liabilities
  • $40,768Insider loans
  • $28,662FHLB advances
  • $40,416Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $8,244Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,378Restructured Loans and leases
  • $1,872Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,523Total interest income
  • $241Total interest expense
  • $1,282Net interest income
  • $113Provision for loan and lease losses
  • $121Total noninterest income
  • $0Fiduciary activities
  • $63Service charges on deposit accounts
  • $0Trading account gains & fees
  • $58Additional noninterest income
  • $1,660Total noninterest expense
  • $1,029Salaries and employee benefits
  • $187Premises and equipment expense
  • $444Additional noninterest expense
  • -$370Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$370Income before extraordinary items
  • $0Extraordinary gains - net
  • -$370Net income attributable to bank
  • $0Net charge-offs
  • -$370Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.13%Yield on earning assets
  • 0.65%Cost of funding earning assets
  • 3.48%Net interest margin
  • 0.33%Noninterest income to earning assets
  • 4.50%Noninterest expense to earning assets
  • -0.96%Net operating income to assets
  • -0.96%Return on assets (ROA)
  • -0.96%Pretax return on assets
  • -4.13%Return on equity (ROE)
  • -4.13%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 118,318Assets per employee
  • 4.65%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.45%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 82.49%Net loans and leases to core deposits
  • 85.77%Equity capital to assets
  • 21.11%Core capital (leverage) ratio
  • 20.40%Tier 1 risk-based capital ratio
  • 28.76%Total risk-based capital ratio
  • Memoranda
  • $30Average assets
  • $38,613Average earning assets
  • $8,951Average equity
  • $36,887Average loans

List of branches

  • 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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