Valley Bank of Nevada in North Las Vegas, Nevada (NV)
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 15 |
| Total assets | $83,412 |
| Cash and due from depository institutions | $15,633 |
| Interest-bearing balances | $14,043 |
| Securities | $5,517 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $49,854 |
| Loan loss allowance | $2,499 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $3,049 |
| Other real estate owned | $8,527 |
| Goodwill and other intangibles | $0 |
| All other assets | $832 |
| Life insurance assets | $83,412 |
| Total liabilities and capital | $76,999 |
| Total liabilities | $76,804 |
| Total deposits | $65,193 |
| Interest-bearing deposits | $76,804 |
| Deposits held in domestic offices | $82 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $195 |
| All other liabilities | $6,413 |
| Total equity capital | $6,413 |
| Total bank equity capital | $6,413 |
| Perpetual preferred stock | $0 |
| Common stock | $24 |
| Surplus | $21,111 |
| Undivided profits | $-14,722 |
| Memoranda | |
| Noncurrent loans and leases | $0 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $1,927 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $190 |
| Average Assets, year-to-date | $69,414 |
| Average Assets, quarterly | $17,337 |
| Volatile liabilities | $83,476 |
| Insider loans | $82,658 |
| FHLB advances | $61,773 |
| Loans and leases held for sale | $84,197 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $0 |
| Tier 2 risk-based capital | $6,402 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $6,593 |
| Derivatives | $862 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $2,886 |
| Total interest expense | $750 |
| Net interest income | $2,136 |
| Provision for loan and lease losses | $313 |
| Total noninterest income | -$1,134 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $33 |
| Trading account gains & fees | $0 |
| Additional noninterest income | -$1,167 |
| Total noninterest expense | $3,080 |
| Salaries and employee benefits | $1,383 |
| Premises and equipment expense | $258 |
| Additional noninterest expense | $1,439 |
| Pre-tax net operating income | -$2,391 |
| Securities gains (losses) | $0 |
| Applicable income taxes | $0 |
| Income before extraordinary items | -$2,391 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | -$2,391 |
| Net charge-offs | $0 |
| Cash dividends | -$2,391 |
| Sale, conversion, retirement of capital stock, net | $567 |
| Net operating income | $0 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 4.25% |
| Cost of funding earning assets | 1.10% |
| Net interest margin | 3.15% |
| Noninterest income to earning assets | -1.67% |
| Noninterest expense to earning assets | 4.54% |
| Net operating income to assets | -2.86% |
| Return on assets (ROA) | -2.86% |
| Pretax return on assets | -2.86% |
| Return on equity (ROE) | -33.62% |
| Retained earnings to average equity (YTD only) | -33.62% |
| Net charge-offs to loans | 1.08% |
| Credit loss provision to net charge-offs | 55.20% |
| Efficiency ratio | -3.66% |
| Assets per employee | $307,385 |
| Cash dividends to net income (YTD only) | 5.56% |
| Condition Ratios (%) | |
| Loss allowance to loans | 0.00% |
| Loss allowance to noncurrent loans | 4.77% |
| Noncurrent assets plus other real estate owned to assets | 129.68% |
| Noncurrent loans to loans | 12.53% |
| Net loans and leases to deposits | 3.68% |
| Net loans and leases to core deposits | 64.91% |
| Equity capital to assets | 86.75% |
| Core capital (leverage) ratio | 7.69% |
| Tier 1 risk-based capital ratio | 7.60% |
| Total risk-based capital ratio | 10.36% |
| Memoranda | |
| Average assets | $12 |
| Average earning assets | $83,476 |
| Average equity | $7,113 |
| Average loans | $67,888 |
| 1 Nevada Branch as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 431782 | Valley Bank Of Nevada | 6385 Simmons Street, North Las Vegas, NV 89031 | August 01, 2005 | Full Service Brick and Mortar |  |
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