Pioneer Citizens Bank of Nevada in Reno, Nevada (NV)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 16, 1999

  • Pioneer Citizens Bank of Nevada in Reno, Nevada (NV)
  • Show street view No street view available for this location

Pioneer Citizens Bank of Nevada - Overview

  • General
  • FDIC Certificate #: 19394
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Nevada State Bank (#18113)
    Federal Reserve ID: 659163
    Date Established: March 31, 1965
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 14 (Interstate: No)
    OTS Docket #: 12922
    FDIC's unique #: 13199
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: March 31, 1965
    Last Structure Change Effective Date: October 16, 1999
    Last Structure Change Process Date: December 15, 1999
    Last Data Update: December 15, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 1 West Liberty, Reno, NV 89501
    County: Washoe
    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): Reno, NV (#6720)
    Combined Statistical Area (CSA): Reno-Sparks-Fernley, NV (#456)
    Core Based Statistical Area (CBSA): Reno-Sparks, NV (#39900)
    CBSA Metro Statistical Area: Reno-Sparks, NV (#39900)
  • Financial Summary
  • Total assets: $1,122.2 mil

1992 - 1999 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, 1998)

  • Dollar figures in thousands
  • 306Total employees (full-time equivalent)
  • $1,031,321Total assets
  • $58,208Cash and due from depository institutions
  • $104Interest-bearing balances
  • $315,578Securities
  • $47,500Federal funds sold & reverse repurchase agreements
  • $576,233Net loans & leases
  • $7,004Loan loss allowance
  • $0Trading account assets
  • $18,049Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $15,753All other assets
  • $1,031,321Total liabilities and capital
  • $964,921Total liabilities
  • $899,036Total deposits
  • $800,281Interest-bearing deposits
  • $899,036Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $60,111Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $1,948Other borrowed funds
  • $0Subordinated debt
  • $3,826All other liabilities
  • $66,400Total equity capital
  • $66,400Total bank equity capital
  • $66,400Perpetual preferred stock
  • $0Common stock
  • $882Surplus
  • $9,090Undivided profits
  • Memoranda
  • $56,428Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $794Earning assets
  • $287Long-term assets (5+ years)
  • $3,647Average Assets, year-to-date
  • $939,415Average Assets, quarterly
  • $317,272Volatile liabilities
  • $929,924Insider loans
  • $999,518FHLB advances
  • $171,208Loans and leases held for sale
  • $5,215Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $215,983Total unused commitments
  • $0Restructured Loans and leases
  • $697,580Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $68,866Total interest income
  • $28,789Total interest expense
  • $40,077Net interest income
  • $2,125Provision for loan and lease losses
  • $8,158Total noninterest income
  • $1,554Fiduciary activities
  • $3,232Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3,372Additional noninterest income
  • $29,724Total noninterest expense
  • $13,883Salaries and employee benefits
  • $5,924Premises and equipment expense
  • $9,917Additional noninterest expense
  • $16,386Pre-tax net operating income
  • $2,016Securities gains (losses)
  • $5,004Applicable income taxes
  • $13,398Income before extraordinary items
  • $0Extraordinary gains - net
  • $13,398Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $894Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.16%Yield on earning assets
  • 3.41%Cost of funding earning assets
  • 4.75%Net interest margin
  • 0.97%Noninterest income to earning assets
  • 3.52%Noninterest expense to earning assets
  • 1.28%Net operating income to assets
  • 1.44%Return on assets (ROA)
  • 1.98%Pretax return on assets
  • 22.27%Return on equity (ROE)
  • 22.27%Retained earnings to average equity (YTD only)
  • 0.17%Net charge-offs to loans
  • 237.70%Credit loss provision to net charge-offs
  • 20.71%Efficiency ratio
  • 61,623Assets per employee
  • 3.37%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.20%Loss allowance to noncurrent loans
  • 882.12%Noncurrent assets plus other real estate owned to assets
  • 0.08%Noncurrent loans to loans
  • 0.14%Net loans and leases to deposits
  • 64.09%Net loans and leases to core deposits
  • 72.95%Equity capital to assets
  • 6.44%Core capital (leverage) ratio
  • 6.54%Tier 1 risk-based capital ratio
  • 9.37%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $929,924Average earning assets
  • $60,174Average equity
  • $843,448Average loans

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

CAPTCHA

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