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


  • 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

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