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)
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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

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