Security Savings Bank in Henderson, Nevada (NV)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 27, 2009

  • Security Savings Bank in Henderson, Nevada (NV)
  • Show street view No street view available for this location

Security Savings Bank - Overview

  • General
  • FDIC Certificate #: 34820
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Bank of Nevada (#33897)
    Federal Reserve ID: 2901688
    Date Established: April 03, 2000
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 61731
    Numeric code: 23
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: April 03, 2000
    Last Structure Change Effective Date: Febuary 27, 2009
    Last Structure Change Process Date: March 03, 2009
    Last Data Update: March 03, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 3019 St. Rose Parkway, Suite 100, Henderson, NV 89052
    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
  • Absorption - Assisted
    Corrections
  • Financial Summary
  • Total assets: $238.3 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, 2008)

  • Dollar figures in thousands
  • 16Total employees (full-time equivalent)
  • $238,307Total assets
  • $69,631Cash and due from depository institutions
  • $69,161Interest-bearing balances
  • $43,372Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $119,068Net loans & leases
  • $4,449Loan loss allowance
  • $0Trading account assets
  • $701Bank premises and fixed assets
  • $163Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $5,372All other assets
  • $238,307Total liabilities and capital
  • $235,942Total liabilities
  • $174,872Total deposits
  • $174,818Interest-bearing deposits
  • $174,872Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $40,000Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $20,000Other borrowed funds
  • $0Subordinated debt
  • $1,070All other liabilities
  • $2,365Total equity capital
  • $2,365Total bank equity capital
  • $2,365Perpetual preferred stock
  • $0Common stock
  • $131Surplus
  • $31,984Undivided profits
  • Memoranda
  • $-29,750Noncurrent loans and leases
  • $8,095Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $23,733Earning assets
  • $0Long-term assets (5+ years)
  • $1,018Average Assets, year-to-date
  • $231,601Average Assets, quarterly
  • $33,787Volatile liabilities
  • $252,069Insider loans
  • $239,497FHLB advances
  • $85,574Loans and leases held for sale
  • $0Unused loan commitments
  • $20,000Tier 1 (core) risk-based capital
  • $35,000Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $8,095Total unused commitments
  • $1,474Restructured Loans and leases
  • $1,723Derivatives

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $12,521Total interest income
  • $9,922Total interest expense
  • $2,599Net interest income
  • $10,823Provision for loan and lease losses
  • -$930Total noninterest income
  • $0Fiduciary activities
  • $4Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$934Additional noninterest income
  • $9,717Total noninterest expense
  • $2,513Salaries and employee benefits
  • $747Premises and equipment expense
  • $6,457Additional noninterest expense
  • -$18,871Pre-tax net operating income
  • -$10,065Securities gains (losses)
  • -$435Applicable income taxes
  • -$28,501Income before extraordinary items
  • $0Extraordinary gains - net
  • -$28,501Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $8,198Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.45%Yield on earning assets
  • 4.32%Cost of funding earning assets
  • 1.13%Net interest margin
  • -0.40%Noninterest income to earning assets
  • 4.23%Noninterest expense to earning assets
  • -7.39%Net operating income to assets
  • -11.31%Return on assets (ROA)
  • -11.48%Pretax return on assets
  • -151.74%Return on equity (ROE)
  • -151.74%Retained earnings to average equity (YTD only)
  • 5.41%Net charge-offs to loans
  • 132.02%Credit loss provision to net charge-offs
  • -0.98%Efficiency ratio
  • 436,549Assets per employee
  • 14.89%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.60%Loss allowance to noncurrent loans
  • 18.75%Noncurrent assets plus other real estate owned to assets
  • 10.03%Noncurrent loans to loans
  • 19.21%Net loans and leases to deposits
  • 68.09%Net loans and leases to core deposits
  • 85.48%Equity capital to assets
  • 0.99%Core capital (leverage) ratio
  • 1.91%Tier 1 risk-based capital ratio
  • 3.56%Total risk-based capital ratio
  • Memoranda
  • $5Average assets
  • $252,069Average earning assets
  • $18,783Average equity
  • $229,643Average loans

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