Town North Bank Nevada, National Association - Overview
General
FDIC Certificate #: 57969 Status: Inactive Federal Reserve ID: 3385324 Bank Holding Company (Regulatory Top Holder): Cu Bank Shares, Inc. (RSSDID: 1102581, Location: Dallas, TX) Date Established: October 06, 2005 WWW:http://www.tnbonline.com Trust Powers Granted: No Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 432805 Numeric code: 3 Regulator: OCC 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: No Subchapter S Corporations: No Directly owned by another bank (CERT):#57969 Asset Concentration Hierarchy: All Other Specialization < 1 Billion Date of Deposit Insurance: October 06, 2005 Last Structure Change Effective Date: March 09, 2012 Last Structure Change Process Date: March 19, 2012 Last Data Update: March 19, 2012 Data Source Date: April 05, 2012
Location
Address: 871 Coronado Center Drive, 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
Other Liquidations and Closings
Financial Summary
Total assets: $11.1 mil Equity capital: $10.6 mil Deposits held in domestic offices: $0.5 mil Return on assets (ROA): -0.58% (-$0.1 mil) Quarterly return on assets: 0.18% ($0.0 mil) Return on Equity (ROE): -0.60% (-$0.1 mil) Quarterly return on equity: 0.19% ($0.0 mil) Net income: -$0.1 mil Quarterly Net income: $0.0 mil Pretax return on assets: -0.58% (-$64.5 mil) Quarterly Pretax return on assets: 0.18% ($20.0 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
6Total employees (full-time equivalent)
$11,114Total assets
$4,891Cash and due from depository institutions
$4,891Interest-bearing balances
$1,787Securities
$0Federal funds sold & reverse repurchase agreements
$4,045Net loans & leases
$486Loan loss allowance
$0Trading account assets
$0Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$11,114Life insurance assets
$391All other assets
$522Total liabilities and capital
$500Total liabilities
$500Total deposits
$500Interest-bearing deposits
$50Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$22Subordinated debt
$10,592All other liabilities
$10,592Total equity capital
$10,592Total bank equity capital
$0Perpetual preferred stock
$12,250Common stock
$585Surplus
$-2,243Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$154Income earned, not collected on loans
$0Earning assets
$24Long-term assets (5+ years)
$10,723Average Assets, year-to-date
$1,787Average Assets, quarterly
$11,107Volatile liabilities
$11,118Insider loans
$5,159FHLB advances
$10,969Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$10,490Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$11,264Restructured Loans and leases
$12Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$669Total interest income
$13Total interest expense
$656Net interest income
-$155Provision for loan and lease losses
$244Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$244Additional noninterest income
$1,119Total noninterest expense
$353Salaries and employee benefits
$75Premises and equipment expense
$691Additional noninterest expense
-$64Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$64Income before extraordinary items
$0Extraordinary gains - net
-$64Net income attributable to bank
$0Net charge-offs
-$64Cash dividends
$526Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.26%Yield on earning assets
0.12%Cost of funding earning assets
6.13%Net interest margin
2.28%Noninterest income to earning assets
10.46%Noninterest expense to earning assets
-0.58%Net operating income to assets
-0.58%Return on assets (ROA)
-0.58%Pretax return on assets
-0.60%Return on equity (ROE)
-0.60%Retained earnings to average equity (YTD only)
9.58%Net charge-offs to loans
-29.47%Credit loss provision to net charge-offs
-0.42%Efficiency ratio
124,333Assets per employee
1.85%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
10.73%Loss allowance to noncurrent loans
315.58%Noncurrent assets plus other real estate owned to assets
1.39%Noncurrent loans to loans
3.40%Net loans and leases to deposits
809.00%Net loans and leases to core deposits
0.00%Equity capital to assets
95.30%Core capital (leverage) ratio
95.63%Tier 1 risk-based capital ratio
203.33%Total risk-based capital ratio
Memoranda
$205Average assets
$11,107Average earning assets
$10,581Average equity
$10,695Average loans
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