Nevada National Bank in Las Vegas, Nevada (NV)



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Nevada National Bank routing number info

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Nevada National Bank
GeneralFDIC Certificate #: 58418
Status: Active
Federal Reserve ID: 3589588
Bank Holding Company (Regulatory Top Holder): Swnb Bancorp, Inc. (RSSDID: 3234682, Location: Houston, TX)
Date Established: June 26, 2007
WWW: http://www.nevada-nbk.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 451229
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: No
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: June 26, 2007
Last Structure Change Effective Date: June 29, 2007
Last Structure Change Process Date: June 29, 2007
Last Data Update: June 29, 2007
Data Source Date: April 05, 2012
LocationAddress: 6110 Spring Mountain Road, Las Vegas, NV 89146
County: Clark
Quarterly Banking Profile Region: San Francisco
FDIC Geographic Region: San Francisco
FDIC Supervisory Region: Dallas
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 ChangesChange in Geographic Region/Area/Territory/Field Office
Financial SummaryTotal assets: $44.5 mil
Equity capital: $4.8 mil
Deposits held in domestic offices: $39.6 mil
Return on assets (ROA): -0.19% (-$0.1 mil)
Quarterly return on assets: -0.36% (-$0.2 mil)
Return on Equity (ROE): -1.54% (-$0.1 mil)
Quarterly return on equity: -3.18% (-$0.2 mil)
Net income: -$0.1 mil
Quarterly Net income: -$0.0 mil
Pretax return on assets: -0.19% (-$84.5 mil)
Quarterly Pretax return on assets: -0.36% (-$160.1 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, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)12
Total assets$44,479
Cash and due from depository institutions$2,600
Interest-bearing balances$1,862
Securities$26,929
Federal funds sold & reverse repurchase agreements$50
Net loans & leases$14,090
Loan loss allowance $1,098
Trading account assets$0
Bank premises and fixed assets$259
Other real estate owned$0
Goodwill and other intangibles$137
All other assets$414
Life insurance assets$44,480
Total liabilities and capital$39,644
Total liabilities$39,610
Total deposits$27,322
Interest-bearing deposits$39,610
Deposits held in domestic offices$88
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $34
All other liabilities $4,836
Total equity capital$4,836
Total bank equity capital$4,836
Perpetual preferred stock$0
Common stock$6,000
Surplus$6,000
Undivided profits $-7,164
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $421
Earning assets $0
Long-term assets (5+ years) $137
Average Assets, year-to-date $42,931
Average Assets, quarterly $29,165
Volatile liabilities $38,697
Insider loans $42,759
FHLB advances $20,695
Loans and leases held for sale $44,016
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $4,588
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $0
Derivatives$1,626
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $1,619
Total interest expense $169
Net interest income $1,450
Provision for loan and lease losses $0
Total noninterest income $61
Fiduciary activities $0
Service charges on deposit accounts $42
Trading account gains & fees $0
Additional noninterest income $19
Total noninterest expense $1,754
Salaries and employee benefits $765
Premises and equipment expense $391
Additional noninterest expense $598
Pre-tax net operating income -$243
Securities gains (losses) $168
Applicable income taxes $0
Income before extraordinary items -$75
Extraordinary gains - net $0
Net income attributable to bank -$75
Net charge-offs $0
Cash dividends -$75
Sale, conversion, retirement of capital stock, net $153
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.41%
Cost of funding earning assets 0.46%
Net interest margin 3.95%
Noninterest income to earning assets 0.17%
Noninterest expense to earning assets 4.77%
Net operating income to assets -0.63%
Return on assets (ROA) -0.19%
Pretax return on assets -0.19%
Return on equity (ROE) -1.54%
Retained earnings to average equity (YTD only) -1.54%
Net charge-offs to loans 0.89%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio-1.59%
Assets per employee$114,229
Cash dividends to net income (YTD only)3.71%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 7.23%
Noncurrent assets plus other real estate owned to assets 260.81%
Noncurrent loans to loans 0.95%
Net loans and leases to deposits2.77%
Net loans and leases to core deposits 35.57%
Equity capital to assets 37.04%
Core capital (leverage) ratio 10.87%
Tier 1 risk-based capital ratio 10.42%
Total risk-based capital ratio 22.17%
Memoranda
Average assets$24
Average earning assets$38,697
Average equity $4,856
Average loans $36,742
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2 Nevada Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0451229Nevada National Bank6110 Spring Mountain Road, Las Vegas, NV 89146June 26, 2007Full Service Brick and Mortar
1470070Branch No. 24115 Spring Mountain Road, #e101, Las Vegas, NV 89102October 16, 2007Full Service Brick and Mortar
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