M & I Bank NATIONAL ASSOCIATION in Las Vegas, Nevada (NV)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 05, 2011

  • M & I Bank NATIONAL ASSOCIATION in Las Vegas, Nevada (NV)
  • Show street view No street view available for this location

M & I Bank NATIONAL ASSOCIATION - Overview

  • General
  • FDIC Certificate #: 28923
    Status: Inactive
    Closing history: Change in Primary Regulatory Agency
    Acquiring institution: BMO Harris Bank National Association (#16571)
    Federal Reserve ID: 895176
    Date Established: January 01, 1902
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Interstate: No)
    OTS Docket #: 2630
    FDIC's unique #: 41757
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: January 12, 1944
    Last Structure Change Effective Date: July 05, 2011
    Last Structure Change Process Date: July 14, 2011
    Last Data Update: July 14, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 3993 Howard Hughes Parkway, Suite 100, 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)
  • History of Changes
  • Merger - Without Assistance
    Name Change
    Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $1,192.4 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, 2010)

  • Dollar figures in thousands
  • 221Total employees (full-time equivalent)
  • $1,311,970Total assets
  • $27,425Cash and due from depository institutions
  • $26,592Interest-bearing balances
  • $79,218Securities
  • $4,071Federal funds sold & reverse repurchase agreements
  • $1,061,935Net loans & leases
  • $95,355Loan loss allowance
  • $0Trading account assets
  • $1,610Bank premises and fixed assets
  • $8,396Other real estate owned
  • $7,143Goodwill and other intangibles
  • $22,416Life insurance assets
  • $122,172All other assets
  • $1,311,970Total liabilities and capital
  • $1,125,537Total liabilities
  • $800,718Total deposits
  • $789,281Interest-bearing deposits
  • $800,718Deposits held in domestic offices
  • 93.29%% insured (estimated)
  • $292,699Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $596Other borrowed funds
  • $0Subordinated debt
  • $31,524All other liabilities
  • $186,433Total equity capital
  • $186,433Total bank equity capital
  • $186,326Perpetual preferred stock
  • $0Common stock
  • $33Surplus
  • $183,829Undivided profits
  • Memoranda
  • $2,464Noncurrent loans and leases
  • $1,435,549Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $107Income earned, not collected on loans
  • $45,252Earning assets
  • $0Long-term assets (5+ years)
  • $4,437Average Assets, year-to-date
  • $1,171,816Average Assets, quarterly
  • $0Volatile liabilities
  • $1,574,323Insider loans
  • $1,332,214FHLB advances
  • $394,016Loans and leases held for sale
  • $976Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,435,549Total unused commitments
  • $31,469Restructured Loans and leases
  • $15,969Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $82,530Total interest income
  • $23,671Total interest expense
  • $58,859Net interest income
  • $92,430Provision for loan and lease losses
  • $57,214Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $57,214Additional noninterest income
  • $76,292Total noninterest expense
  • $17,935Salaries and employee benefits
  • $12,296Premises and equipment expense
  • $46,061Additional noninterest expense
  • -$52,649Pre-tax net operating income
  • $2,539Securities gains (losses)
  • -$19,183Applicable income taxes
  • -$30,927Income before extraordinary items
  • $0Extraordinary gains - net
  • -$30,927Net income attributable to bank
  • $0Net charge-offs
  • -$30,927Cash dividends
  • $85,890Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.76%Yield on earning assets
  • 1.65%Cost of funding earning assets
  • 4.11%Net interest margin
  • 3.99%Noninterest income to earning assets
  • 5.33%Noninterest expense to earning assets
  • -2.07%Net operating income to assets
  • -1.96%Return on assets (ROA)
  • -3.18%Pretax return on assets
  • -15.44%Return on equity (ROE)
  • -15.44%Retained earnings to average equity (YTD only)
  • 6.86%Net charge-offs to loans
  • 107.61%Credit loss provision to net charge-offs
  • 0.46%Efficiency ratio
  • 64,994Assets per employee
  • 5.94%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 8.24%Loss allowance to noncurrent loans
  • 210.72%Noncurrent assets plus other real estate owned to assets
  • 4.08%Noncurrent loans to loans
  • 3.91%Net loans and leases to deposits
  • 132.62%Net loans and leases to core deposits
  • 151.71%Equity capital to assets
  • 14.20%Core capital (leverage) ratio
  • 10.18%Tier 1 risk-based capital ratio
  • 10.65%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $1,574,323Average earning assets
  • $200,241Average equity
  • $1,432,511Average loans

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

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with M & I Bank NATIONAL ASSOCIATION.
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