First Asian Bank
Las Vegas, NV — Domestic Branch of a Domestic Bank
Acquired Jul 2011
Vitals
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Total Assets30.2M -22.8 %
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Total Deposits28.3M -18.3 %
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Total Net Loans20.5M -28.6 %
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Net Income-1279000.0000 21.6 %
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Book Value1.6M -61.8 %
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Book Value x23.3M -61.8 %
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Book Value x34.9M -61.8 %
Balance Sheet Highlights
Financial Highlights | First Asian Bank | All Insured Commercial Banks in Nevada |
Balance Sheet $(000) | ||
Total Assets | 30,228 | 898,179 |
Total Net Loans | 20,458 | 422,149 |
Total Deposits | 28,318 | 545,748 |
Total Equity | 1,641 | 248,652 |
Profitability | ||
Net Income | -1,279 | 26,245 |
Return on Average Assets | -7.967 | .699 |
Return on Average Equity | -115.712 | -17.173 |
Net Interest Margin | 2.507 | 4.084 |
Efficiency Ratio | 356.522 | 98.97 |
Noninterest Income/Revenue | 3.025 | 54.125 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 72.244 | 69.57 |
Securities/Assets | .261 | |
Total Equity/Total Assets | .054 | .277 |
Tangible Equity/Tangible Assets | .054 | .246 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 1,641 | 224,674 |
Tier 2 Capital | 311 | 6,821 |
Total Capital | 1,952 | 231,479 |
Total Risk Weighted Assets | 24,020 | 601,003 |
Leverage Ratio | 5.38 | 15.301 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 6.83 | 23.09 |
Total Capital Ratio | 8.13 | 24.283 |
Timeline for First Asian Bank
Royal Business Bank
First Asian Bank was acquired by Royal Business Bank 13 years
View Profile Jul 09 2011First Asian Bank
First Asian Bank was established 17 years ago and is currently headquartered in Las Vegas, NV.
Jun 06 2007Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Royal Business Bank | Buyer | 1,445,730 | Acquisition | Discontinued | 7/9/2011 |
Relationships | Role | Relationship Start | Relationship End |
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