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

This bank is inactive as of April 29, 2006

  • Nevada First Bank in Las Vegas, Nevada (NV)
  • Show street view No street view available for this location

Nevada First Bank - Overview

  • General
  • FDIC Certificate #: 34543
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Bank of Nevada (#33897)
    Federal Reserve ID: 2646523
    Date Established: January 16, 1998
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 6 (Interstate: No)
    FDIC's unique #: 59050
    Numeric code: 13
    Regulator: FED
    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: January 16, 1998
    Last Structure Change Effective Date: April 29, 2006
    Last Structure Change Process Date: May 31, 2006
    Last Data Update: May 31, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 2800 West Sahara Avenue, Suite 1-A, Las Vegas, NV 89102
    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: $570.8 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, 2005)

  • Dollar figures in thousands
  • 96Total employees (full-time equivalent)
  • $459,205Total assets
  • $27,931Cash and due from depository institutions
  • $14,809Interest-bearing balances
  • $19,051Securities
  • $29,078Federal funds sold & reverse repurchase agreements
  • $370,044Net loans & leases
  • $4,148Loan loss allowance
  • $0Trading account assets
  • $7,391Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $5,710All other assets
  • $459,205Total liabilities and capital
  • $417,419Total liabilities
  • $395,638Total deposits
  • $273,113Interest-bearing deposits
  • $395,638Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $19,000Other borrowed funds
  • $0Subordinated debt
  • $2,781All other liabilities
  • $41,786Total equity capital
  • $41,786Total bank equity capital
  • $41,786Perpetual preferred stock
  • $0Common stock
  • $1,482Surplus
  • $25,277Undivided profits
  • Memoranda
  • $15,027Noncurrent loans and leases
  • $171,483Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $2,163Average Assets, year-to-date
  • $432,982Average Assets, quarterly
  • $23,196Volatile liabilities
  • $409,616Insider loans
  • $461,136FHLB advances
  • $32,898Loans and leases held for sale
  • $18,302Unused loan commitments
  • $19,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $171,483Total unused commitments
  • $0Restructured Loans and leases
  • $4,579Derivatives

Income and Expense (December 31, 2005)

  • Dollar figures in thousands
  • $27,866Total interest income
  • $7,677Total interest expense
  • $20,189Net interest income
  • $456Provision for loan and lease losses
  • $1,474Total noninterest income
  • $0Fiduciary activities
  • $552Service charges on deposit accounts
  • $0Trading account gains & fees
  • $922Additional noninterest income
  • $12,358Total noninterest expense
  • $6,663Salaries and employee benefits
  • $2,746Premises and equipment expense
  • $2,949Additional noninterest expense
  • $8,849Pre-tax net operating income
  • -$55Securities gains (losses)
  • $2,991Applicable income taxes
  • $5,803Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,803Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$93Sale, conversion, retirement of capital stock, net
  • $525Net operating income

Performance and Condition Ratios (December 31, 2005)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.26%Yield on earning assets
  • 2.00%Cost of funding earning assets
  • 5.26%Net interest margin
  • 0.38%Noninterest income to earning assets
  • 3.22%Noninterest expense to earning assets
  • 1.43%Net operating income to assets
  • 1.42%Return on assets (ROA)
  • 2.15%Pretax return on assets
  • 15.25%Return on equity (ROE)
  • 13.87%Retained earnings to average equity (YTD only)
  • -0.03%Net charge-offs to loans
  • -490.32%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 57,047Assets per employee
  • 4.78%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 9.05%Loss allowance to loans
  • 1.11%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
  • 93.53%Net loans and leases to core deposits
  • 102.01%Equity capital to assets
  • 9.10%Core capital (leverage) ratio
  • 9.40%Tier 1 risk-based capital ratio
  • 9.42%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $409,616Average earning assets
  • $38,043Average equity
  • $383,765Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Nevada First Bank.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents