Nevada Banking Company in Stateline, Nevada (NV)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 14, 1999

  • Nevada Banking Company in Stateline, Nevada (NV)
  • Show street view No street view available for this location

Nevada Banking Company - Overview

  • General
  • FDIC Certificate #: 23481
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Security Bank of Nevada (#32987)
    Federal Reserve ID: 132965
    Date Established: July 13, 1981
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    OTS Docket #: 14639
    FDIC's unique #: 16458
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: July 13, 1981
    Last Structure Change Effective Date: June 14, 1999
    Last Structure Change Process Date: July 07, 1999
    Last Data Update: July 07, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 229 Kingsbury Road, Stateline, NV 89449
    County: Douglas
    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
    Combined Statistical Area (CSA): Sacramento-Arden-Arcade-Yuba City, CA-NV (#472)
    Core Based Statistical Area (CBSA): Gardnerville Ranchos, NV (#23820)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $127.6 mil

1992 - 1999 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, 1998)

  • Dollar figures in thousands
  • 63Total employees (full-time equivalent)
  • $127,594Total assets
  • $7,341Cash and due from depository institutions
  • $1,090Interest-bearing balances
  • $22,187Securities
  • $8,000Federal funds sold & reverse repurchase agreements
  • $85,659Net loans & leases
  • $1,298Loan loss allowance
  • $0Trading account assets
  • $3,157Bank premises and fixed assets
  • $98Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,152All other assets
  • $127,594Total liabilities and capital
  • $117,436Total liabilities
  • $115,673Total deposits
  • $100,062Interest-bearing deposits
  • $115,673Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $1,000Other borrowed funds
  • $0Subordinated debt
  • $763All other liabilities
  • $10,158Total equity capital
  • $10,158Total bank equity capital
  • $10,158Perpetual preferred stock
  • $0Common stock
  • $3,536Surplus
  • $1,716Undivided profits
  • Memoranda
  • $4,906Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $496Earning assets
  • $0Long-term assets (5+ years)
  • $406Average Assets, year-to-date
  • $116,936Average Assets, quarterly
  • $22,414Volatile liabilities
  • $115,323Insider loans
  • $124,309FHLB advances
  • $14,898Loans and leases held for sale
  • $916Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $20,142Total unused commitments
  • $0Restructured Loans and leases
  • $92,356Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $9,800Total interest income
  • $2,875Total interest expense
  • $6,925Net interest income
  • $75Provision for loan and lease losses
  • $512Total noninterest income
  • $0Fiduciary activities
  • $387Service charges on deposit accounts
  • $0Trading account gains & fees
  • $125Additional noninterest income
  • $4,931Total noninterest expense
  • $2,773Salaries and employee benefits
  • $988Premises and equipment expense
  • $1,170Additional noninterest expense
  • $2,431Pre-tax net operating income
  • $60Securities gains (losses)
  • $726Applicable income taxes
  • $1,765Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,765Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $17Sale, conversion, retirement of capital stock, net
  • $136Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 9.38%Yield on earning assets
  • 2.75%Cost of funding earning assets
  • 6.63%Net interest margin
  • 0.49%Noninterest income to earning assets
  • 4.72%Noninterest expense to earning assets
  • 1.49%Net operating income to assets
  • 1.53%Return on assets (ROA)
  • 2.16%Pretax return on assets
  • 18.96%Return on equity (ROE)
  • 17.49%Retained earnings to average equity (YTD only)
  • 0.02%Net charge-offs to loans
  • 441.18%Credit loss provision to net charge-offs
  • 147.41%Efficiency ratio
  • 66,304Assets per employee
  • 2.03%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 7.71%Loss allowance to loans
  • 1.49%Loss allowance to noncurrent loans
  • 261.69%Noncurrent assets plus other real estate owned to assets
  • 0.47%Noncurrent loans to loans
  • 0.57%Net loans and leases to deposits
  • 74.05%Net loans and leases to core deposits
  • 84.17%Equity capital to assets
  • 7.96%Core capital (leverage) ratio
  • 8.10%Tier 1 risk-based capital ratio
  • 10.90%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $115,323Average earning assets
  • $9,311Average equity
  • $104,426Average 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 Nevada Banking Company.
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