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


  • Nevada National Bank in Las Vegas, Nevada (NV)
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Nevada National Bank - Overview

  • General
  • FDIC 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
  • Location
  • Address: 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 Changes
  • Change in Geographic Region/Area/Territory/Field Office
  • Financial Summary
  • Total 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
  • 12Total employees (full-time equivalent)
  • $44,479Total assets
  • $2,600Cash and due from depository institutions
  • $1,862Interest-bearing balances
  • $26,929Securities
  • $50Federal funds sold & reverse repurchase agreements
  • $14,090Net loans & leases
  • $1,098Loan loss allowance
  • $0Trading account assets
  • $259Bank premises and fixed assets
  • $0Other real estate owned
  • $137Goodwill and other intangibles
  • $44,480Life insurance assets
  • $414All other assets
  • $39,644Total liabilities and capital
  • $39,610Total liabilities
  • $27,322Total deposits
  • $39,610Interest-bearing deposits
  • $88Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $34Subordinated debt
  • $4,836All other liabilities
  • $4,836Total equity capital
  • $4,836Total bank equity capital
  • $0Perpetual preferred stock
  • $6,000Common stock
  • $6,000Surplus
  • $-7,164Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $421Income earned, not collected on loans
  • $0Earning assets
  • $137Long-term assets (5+ years)
  • $42,931Average Assets, year-to-date
  • $29,165Average Assets, quarterly
  • $38,697Volatile liabilities
  • $42,759Insider loans
  • $20,695FHLB advances
  • $44,016Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $4,588Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $0Restructured Loans and leases
  • $1,626Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,619Total interest income
  • $169Total interest expense
  • $1,450Net interest income
  • $0Provision for loan and lease losses
  • $61Total noninterest income
  • $0Fiduciary activities
  • $42Service charges on deposit accounts
  • $0Trading account gains & fees
  • $19Additional noninterest income
  • $1,754Total noninterest expense
  • $765Salaries and employee benefits
  • $391Premises and equipment expense
  • $598Additional noninterest expense
  • -$243Pre-tax net operating income
  • $168Securities gains (losses)
  • $0Applicable income taxes
  • -$75Income before extraordinary items
  • $0Extraordinary gains - net
  • -$75Net income attributable to bank
  • $0Net charge-offs
  • -$75Cash dividends
  • $153Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.41%Yield on earning assets
  • 0.46%Cost of funding earning assets
  • 3.95%Net interest margin
  • 0.17%Noninterest income to earning assets
  • 4.77%Noninterest expense to earning assets
  • -0.63%Net operating income to assets
  • -0.19%Return on assets (ROA)
  • -0.19%Pretax return on assets
  • -1.54%Return on equity (ROE)
  • -1.54%Retained earnings to average equity (YTD only)
  • 0.89%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • -1.59%Efficiency ratio
  • 114,229Assets per employee
  • 3.71%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 7.23%Loss allowance to noncurrent loans
  • 260.81%Noncurrent assets plus other real estate owned to assets
  • 0.95%Noncurrent loans to loans
  • 2.77%Net loans and leases to deposits
  • 35.57%Net loans and leases to core deposits
  • 37.04%Equity capital to assets
  • 10.87%Core capital (leverage) ratio
  • 10.42%Tier 1 risk-based capital ratio
  • 22.17%Total risk-based capital ratio
  • Memoranda
  • $24Average assets
  • $38,697Average earning assets
  • $4,856Average equity
  • $36,742Average loans

List of branches

  • 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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