Silver State Bank in Henderson, Nevada (NV)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 05, 2008

  • Silver State Bank in Henderson, Nevada (NV)
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Silver State Bank - Overview

  • General
  • FDIC Certificate #: 34194
    Status: Inactive
    Acquiring institution: Nevada State Bank (#18113)
    Federal Reserve ID: 2479310
    Date Established: July 01, 1996
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 18 (Interstate: No)
    OTS Docket #: 15423
    FDIC's unique #: 56852
    Numeric code: 21
    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: July 01, 1996
    Last Structure Change Effective Date: September 05, 2008
    Last Structure Change Process Date: September 11, 2008
    Last Data Update: September 11, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 400 North Green Valley Parkway, Henderson, NV 89014
    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
  • Partial Purchase & Assumption - Assisted
  • Financial Summary
  • Total assets: $1,957.1 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, 2007)

  • Dollar figures in thousands
  • 333Total employees (full-time equivalent)
  • $1,529,629Total assets
  • $11,463Cash and due from depository institutions
  • $422Interest-bearing balances
  • $51,593Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $1,403,091Net loans & leases
  • $17,035Loan loss allowance
  • $0Trading account assets
  • $39,868Bank premises and fixed assets
  • $0Other real estate owned
  • $779Goodwill and other intangibles
  • $893Life insurance assets
  • $22,835All other assets
  • $1,529,629Total liabilities and capital
  • $1,364,598Total liabilities
  • $1,229,811Total deposits
  • $1,045,782Interest-bearing deposits
  • $1,229,811Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $41,360Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $84,000Other borrowed funds
  • $0Subordinated debt
  • $9,427All other liabilities
  • $165,031Total equity capital
  • $165,031Total bank equity capital
  • $165,031Perpetual preferred stock
  • $0Common stock
  • $121Surplus
  • $77,864Undivided profits
  • Memoranda
  • $87,046Noncurrent loans and leases
  • $490,629Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $11,466Earning assets
  • $405Long-term assets (5+ years)
  • $8,534Average Assets, year-to-date
  • $1,455,106Average Assets, quarterly
  • $30,232Volatile liabilities
  • $1,304,133Insider loans
  • $1,488,022FHLB advances
  • $313,934Loans and leases held for sale
  • $39,393Unused loan commitments
  • $84,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $64,570Total risk weighted assets
  • $490,629Total unused commitments
  • $0Restructured Loans and leases
  • $17,160Derivatives

Income and Expense (December 31, 2007)

  • Dollar figures in thousands
  • $123,929Total interest income
  • $48,637Total interest expense
  • $75,292Net interest income
  • $7,725Provision for loan and lease losses
  • $6,488Total noninterest income
  • $0Fiduciary activities
  • $885Service charges on deposit accounts
  • $0Trading account gains & fees
  • $5,603Additional noninterest income
  • $32,716Total noninterest expense
  • $20,452Salaries and employee benefits
  • $4,389Premises and equipment expense
  • $7,875Additional noninterest expense
  • $41,339Pre-tax net operating income
  • $0Securities gains (losses)
  • $14,915Applicable income taxes
  • $26,424Income before extraordinary items
  • $0Extraordinary gains - net
  • $26,424Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $1,056Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2007)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 10.04%Yield on earning assets
  • 3.94%Cost of funding earning assets
  • 6.10%Net interest margin
  • 0.53%Noninterest income to earning assets
  • 2.65%Noninterest expense to earning assets
  • 2.03%Net operating income to assets
  • 2.03%Return on assets (ROA)
  • 3.17%Pretax return on assets
  • 19.80%Return on equity (ROE)
  • 19.80%Retained earnings to average equity (YTD only)
  • 0.09%Net charge-offs to loans
  • 731.53%Credit loss provision to net charge-offs
  • 46.46%Efficiency ratio
  • 40,005Assets per employee
  • 4.59%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.20%Loss allowance to noncurrent loans
  • 148.57%Noncurrent assets plus other real estate owned to assets
  • 0.75%Noncurrent loans to loans
  • 0.81%Net loans and leases to deposits
  • 114.09%Net loans and leases to core deposits
  • 138.75%Equity capital to assets
  • 10.79%Core capital (leverage) ratio
  • 10.95%Tier 1 risk-based capital ratio
  • 10.26%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $1,304,133Average earning assets
  • $133,432Average equity
  • $1,234,377Average loans

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