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


Nevada State Bank - Overview

  • General
  • FDIC Certificate #: 18113
    Status: Active
    Federal Reserve ID: 456960
    Bank Holding Company (Regulatory Top Holder): Zions Bancorporation (RSSDID: 1027004, Location: Salt Lake City, UT)
    Date Established: December 14, 1959
    WWW: http://www.nsbank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 53 (Domestic: 53, Interstate: No)
    OTS Docket #: 14080
    FDIC's unique #: 12035
    Numeric code: 21
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: December 14, 1959
    Last Structure Change Effective Date: April 17, 2009
    Last Structure Change Process Date: April 21, 2009
    Last Data Update: April 21, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 750 East Warm Springs Road, Las Vegas, NV 89119
    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)
  • History of Changes
  • Participated in FDIC Assisted Absorption/Consolidation/Merger
    Corrections
  • Financial Summary
  • Total assets: $4,101.1 mil
    Equity capital: $532.9 mil
    Deposits held in domestic offices: $3,546.3 mil
    Return on assets (ROA): 1.12% ($45.9 mil)
    Quarterly return on assets: 0.86% ($35.3 mil)
    Return on Equity (ROE): 7.93% ($42.3 mil)
    Quarterly return on equity: 6.19% ($33.0 mil)
    Net income: $46.6 mil
    Quarterly Net income: $8.9 mil
    Pretax return on assets: 1.72% ($70,539.1 mil)
    Quarterly Pretax return on assets: 1.31% ($53,724.6 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, 2011)

  • Dollar figures in thousands
  • 827Total employees (full-time equivalent)
  • $4,101,113Total assets
  • $957,322Cash and due from depository institutions
  • $888,760Interest-bearing balances
  • $748,356Securities
  • $20,837Federal funds sold & reverse repurchase agreements
  • $2,104,305Net loans & leases
  • $131,762Loan loss allowance
  • $6,000Trading account assets
  • $115,741Bank premises and fixed assets
  • $24,628Other real estate owned
  • $4,304Goodwill and other intangibles
  • $4,101,113Life insurance assets
  • $119,620All other assets
  • $3,568,207Total liabilities and capital
  • $3,546,332Total liabilities
  • $2,208,854Total deposits
  • $3,546,332Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $6,198Federal funds purchased & repurchase agreements
  • $476Trading liabilities
  • $0Other borrowed funds
  • $15,201Subordinated debt
  • $532,906All other liabilities
  • $532,906Total equity capital
  • $532,906Total bank equity capital
  • $260,000Perpetual preferred stock
  • $4,693Common stock
  • $529,310Surplus
  • $-261,097Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $605Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $90,205Income earned, not collected on loans
  • $1,639Earning assets
  • $12,513Long-term assets (5+ years)
  • $3,762,258Average Assets, year-to-date
  • $427,188Average Assets, quarterly
  • $4,154,592Volatile liabilities
  • $4,170,539Insider loans
  • $2,253,437FHLB advances
  • $4,156,745Loans and leases held for sale
  • $6,090Unused loan commitments
  • $6,090Tier 1 (core) risk-based capital
  • $486,260Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $439,801Restructured Loans and leases
  • $1,002Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $145,139Total interest income
  • $9,889Total interest expense
  • $135,250Net interest income
  • -$38,314Provision for loan and lease losses
  • $31,810Total noninterest income
  • $0Fiduciary activities
  • $18,594Service charges on deposit accounts
  • $421Trading account gains & fees
  • $12,795Additional noninterest income
  • $133,967Total noninterest expense
  • $55,804Salaries and employee benefits
  • $14,749Premises and equipment expense
  • $63,414Additional noninterest expense
  • $71,407Pre-tax net operating income
  • $0Securities gains (losses)
  • $24,822Applicable income taxes
  • $46,585Income before extraordinary items
  • $0Extraordinary gains - net
  • $46,585Net income attributable to bank
  • $0Net charge-offs
  • $46,585Cash dividends
  • $55,065Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.84%Yield on earning assets
  • 0.26%Cost of funding earning assets
  • 3.58%Net interest margin
  • 0.84%Noninterest income to earning assets
  • 3.55%Noninterest expense to earning assets
  • 1.12%Net operating income to assets
  • 1.12%Return on assets (ROA)
  • 1.72%Pretax return on assets
  • 7.93%Return on equity (ROE)
  • 7.93%Retained earnings to average equity (YTD only)
  • 2.34%Net charge-offs to loans
  • -69.58%Credit loss provision to net charge-offs
  • 0.60%Efficiency ratio
  • 78,758Assets per employee
  • 4.96%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 5.89%Loss allowance to noncurrent loans
  • 146.07%Noncurrent assets plus other real estate owned to assets
  • 2.80%Noncurrent loans to loans
  • 4.03%Net loans and leases to deposits
  • 59.34%Net loans and leases to core deposits
  • 60.13%Equity capital to assets
  • 12.99%Core capital (leverage) ratio
  • 11.70%Tier 1 risk-based capital ratio
  • 21.58%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $4,154,592Average earning assets
  • $587,220Average equity
  • $3,778,131Average loans

Total Fiduciary and Related Assets (December 31, 2002)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $502,470Managed Assets
  • 1Number of Accounts
  • $243,082Personal trust and agency accounts
  • $198,587Employee benefit-defined contribution accounts
  • $20,287Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $4,218Corporate trust and agency accounts
  • $760Investment management agency accounts
  • $19,230Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 473Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $259,388Other retirement accounts
  • $43,752Corporate trust and agency accounts
  • $175,005Other fiduciary accounts
  • $34,495Fiduciary accounts held in foreign offices

List of branches

  • 53 Nevada Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    012035Nevada State Bank750 East Warm Springs Road, Las Vegas, NV 89119December 14, 1959Full Service Brick and Mortar
    1243896Maryland Parkway Branch3345 South Maryland Parkway, Las Vegas, NV 89109May 14, 1973Full Service Brick and Mortar
    2243897West Sahara Branch3480 West Sahara Avenue, Las Vegas, NV 89102June 23, 1975Full Service Brick and Mortar
    3243898Twain - Jones Branch3688 South Jones Boulevard, Las Vegas, NV 89103September 06, 1977Full Service Brick and Mortar
    5243900Tropicana - Nellis Branch4970 East Tropicana Avenue, Las Vegas, NV 89121October 20, 1980Full Service Brick and Mortar
    6243901Lake Mead - Nellis Branch2017 N. Nellis Blvd., Las Vegas, NV 89115December 27, 1983Full Service Brick and Mortar
    28243923Pahrump Station Branch1301 South Highway 160, Pahrump, NV 89048December 02, 1996Full Service Brick and Mortar
    37243926West Wendover Branch1855 West Wendover Boulevard, West Wendover, NV 89883December 29, 1997Full Service Retail
    38192360Eureka Branch91 North Main Street, Eureka, NV 89316June 16, 1945Full Service Brick and Mortar
    39192369Lovelock Branch1150 Cornell Avenue, Lovelock, NV 89419December 30, 1955Full Service Brick and Mortar
    40192382Tonopah Branch132 Erie Main, Tonopah, NV 89049December 17, 1934Full Service Brick and Mortar
    41192383Wells Branch408 Sixth Street, Wells, NV 89835May 15, 1947Full Service Brick and Mortar
    42192404Fernley Branch250 Highway 95a, Fernley, NV 89408April 09, 1979Full Service Brick and Mortar
    47243931Rainbow Branch1921 N. Rainbow Boulevard, Las Vegas, NV 89108December 07, 1998Full Service Brick and Mortar
    49243933Warm Springs - Stephanie Branch1501 West Warm Springs Road, Henderson, NV 89014Febuary 16, 1999Full Service Brick and Mortar
    5213199West Liberty Branch1 West Liberty Street, Reno, NV 89501March 31, 1965Full Service Brick and Mortar
    53248111Bridger Branch230 Las Vegas Boulevard, Las Vegas, NV 89101April 17, 1972Full Service Brick and Mortar
    54248113Moana Branch1001 West Moana Lane, Reno, NV 89509September 23, 1974Full Service Brick and Mortar
    55248114Pioneer Center Branch4170 South Maryland Parkway, Las Vegas, NV 89119May 15, 1978Full Service Brick and Mortar
    57248116Sparks - Prater Way Branch500 East Prater Way, Sparks, NV 89431June 14, 1993Full Service Brick and Mortar
    58248117Sunset Branch4001 East Sunset Road, Henderson, NV 89014August 09, 1993Full Service Brick and Mortar
    59248118Harbor Island Branch8400 West Lake Mead Boulevard, Las Vegas, NV 89128October 03, 1994Full Service Brick and Mortar
    60248119South Carson Branch4267 South Carson Street, Carson City, NV 89701September 11, 1995Full Service Brick and Mortar
    61248120Meadowood Branch5050 Meadowood Mall Circle, Reno, NV 89502November 18, 1996Full Service Brick and Mortar
    62248121The Lakes Branch8260 West Sahara, Las Vegas, NV 89117January 26, 1998Full Service Brick and Mortar
    65248124North Carson Branch1795 East College Parkway, #200, Carson City, NV 89706July 19, 1999Full Service Brick and Mortar
    70363207Anthem Village Branch11590 South Eastern Avenue, Henderson, NV 89052December 18, 2001Full Service Brick and Mortar
    73419242Craig - Clayton Branch2014 West Craig Road, North Las Vegas, NV 89032November 18, 2002Full Service Brick and Mortar
    75423395Damonte Branch190 Damonte Ranch Parkway, Reno, NV 89521October 24, 2003Full Service Brick and Mortar
    76428005Southern Highlands Branch10610 Southern Highlands Parkway, Las Vegas, NV 89141April 26, 2004Full Service Brick and Mortar
    77428129Centennial Hills Branch6505 N. Buffalo Drive, Las Vegas, NV 89131April 12, 2004Full Service Brick and Mortar
    80443293Minden Branch1656 Highway 395, Minden, NV 89423June 27, 2005Full Service Brick and Mortar
    82446926Rhodes Ranch Branch7030 S. Durango Drive, Las Vegas, NV 89113January 09, 2006Full Service Brick and Mortar
    83452939Henderson Heights Branch1460 S Boulder Hwy, Henderson, NV 89015April 03, 2006Full Service Brick and Mortar
    84453026Aliante Branch2860 W. Centennial, North Las Vegas, NV 89084Febuary 13, 2006Full Service Brick and Mortar
    85465555Falcon Ridge Branch1130 West Pioneer Blvd, Mesquite, NV 89027June 25, 2007Full Service Brick and Mortar
    86466143Russell Ft. Apache Office Branch5720 South Ft. Apache, Las Vegas, NV 89148January 08, 2007Full Service Brick and Mortar
    87479402Mountains Edge Branch9305 South Cimarron Road, Las Vegas, NV 89178July 21, 2008Full Service Brick and Mortar
    8956852Pebble Market Branch400 North Green Valley Parkway, Henderson, NV 89014July 01, 1996Full Service Brick and Mortar
    90290445Rainbow/Westcliff Branch170 South Rainbow Boulevard, Las Vegas, NV 89128April 08, 1998Full Service Brick and Mortar
    93357557Boulder City Branch1000 Nevada Highway, Boulder City, NV 89005January 19, 2000Full Service Brick and Mortar
    95362242Dewey Branch5547 South Rainbow Boulevard, Las Vegas, NV 89118October 10, 2001Full Service Brick and Mortar
    97430029Fort Apache Branch9415 W Flamingo Road, Las Vegas, NV 89147June 22, 2004Full Service Brick and Mortar
    103489390Nellis/Stewart325 North Nellis Blvd. Ste110, Las Vegas, NV 89110January 26, 2009Full Service Brick and Mortar
    104489681Eastern/Horizon10608 S. Eastern Avenue, Suite E, Henderson, NV 89052November 04, 2008Full Service Brick and Mortar
    105489682Flamingo/Sandhill3780 E. Flamingo Road, Las Vegas, NV 89121November 04, 2008Full Service Brick and Mortar
    106489683Craig/Jones5840 W. Craig Road, Suite 140, Las Vegas, NV 89130November 04, 2008Full Service Brick and Mortar
    107489685Dayton244 Dayton Valley Road, Suite 100, Dayton, NV 89403November 04, 2008Full Service Brick and Mortar
    10848128Railroad Branch487 Railroad Street, Elko, NV 89801July 29, 1993Full Service Brick and Mortar
    109424615Winnemucca Branch747 South Grass Valley Road, Winnemucca, NV 89445May 01, 2002Full Service Brick and Mortar
    110440836Fallon Branch498 West Williams Avenue, Fallon, NV 89406May 02, 2005Full Service Brick and Mortar
    111452597Mountain City Highway Branch2915 Moiuntain City Highway, Elko, NV 89801October 13, 2005Full Service Brick and Mortar
    112478276Spring Creek Branch568 Spring Valley Court, Spring Creek, NV 89815December 01, 2007Full Service Brick and Mortar

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