FDIC Certificate #: 35418 Status: Inactive Closing history: Absorption - Assisted Acquiring institution:City National Bank (#17281) Federal Reserve ID: 2896298 Date Established: March 15, 2000 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 80013 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: March 15, 2000 Last Structure Change Effective Date: April 08, 2011 Last Structure Change Process Date: April 11, 2011 Last Data Update: April 11, 2011 Data Source Date: April 05, 2012
Location
Address: 6795 Edmond Street, Las Vegas, NV 89118 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)
Financial Summary
Total assets: $135.1 mil
2000 - 2011 Historical total assets, liabilities and capital ($ 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
32Total employees (full-time equivalent)
$144,949Total assets
$21,390Cash and due from depository institutions
$20,196Interest-bearing balances
$11,148Securities
$0Federal funds sold & reverse repurchase agreements
$83,594Net loans & leases
$4,214Loan loss allowance
$0Trading account assets
$1,846Bank premises and fixed assets
$24,128Other real estate owned
$116Goodwill and other intangibles
$0Life insurance assets
$2,727All other assets
$144,949Total liabilities and capital
$141,512Total liabilities
$136,429Total deposits
$132,399Interest-bearing deposits
$136,429Deposits held in domestic offices
82.90%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$4,072Other borrowed funds
$0Subordinated debt
$1,011All other liabilities
$3,437Total equity capital
$3,437Total bank equity capital
$3,437Perpetual preferred stock
$0Common stock
$10Surplus
$17,663Undivided profits
Memoranda
$-14,236Noncurrent loans and leases
$6,888Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$10,148Earning assets
$1,353Long-term assets (5+ years)
$375Average Assets, year-to-date
$114,938Average Assets, quarterly
$34,319Volatile liabilities
$184,113Insider loans
$155,824FHLB advances
$81,485Loans and leases held for sale
$565Unused loan commitments
$3,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,072Total risk weighted assets
$6,888Total unused commitments
$9,876Restructured Loans and leases
$1,403Derivatives
Income and Expense (December 31, 2010)
Dollar figures in thousands
$6,678Total interest income
$2,906Total interest expense
$3,772Net interest income
$2,274Provision for loan and lease losses
$172Total noninterest income
$0Fiduciary activities
$105Service charges on deposit accounts
$0Trading account gains & fees
$67Additional noninterest income
$7,531Total noninterest expense
$2,394Salaries and employee benefits
$1,333Premises and equipment expense
$3,804Additional noninterest expense
-$5,861Pre-tax net operating income
$444Securities gains (losses)
-$8Applicable income taxes
-$5,409Income before extraordinary items
$0Extraordinary gains - net
-$5,409Net income attributable to bank
$0Net charge-offs
-$5,409Cash dividends
$4,012Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2010)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.17%Yield on earning assets
1.82%Cost of funding earning assets
2.36%Net interest margin
0.11%Noninterest income to earning assets
4.70%Noninterest expense to earning assets
-3.18%Net operating income to assets
-2.94%Return on assets (ROA)
-2.94%Pretax return on assets
-80.65%Return on equity (ROE)
-80.65%Retained earnings to average equity (YTD only)
3.54%Net charge-offs to loans
56.68%Credit loss provision to net charge-offs
-0.89%Efficiency ratio
190,948Assets per employee
4.53%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
4.80%Loss allowance to noncurrent loans
41.53%Noncurrent assets plus other real estate owned to assets
23.65%Noncurrent loans to loans
11.56%Net loans and leases to deposits
61.27%Net loans and leases to core deposits
149.23%Equity capital to assets
2.37%Core capital (leverage) ratio
2.26%Tier 1 risk-based capital ratio
3.21%Total risk-based capital ratio
Memoranda
$4Average assets
$184,113Average earning assets
$6,707Average equity
$160,084Average loans
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