First Independent Bank Of Nevada
Reno, NV — Domestic Branch of a Domestic Bank
Acquired Dec 2010
Vitals
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Total Assets558.8M 7.3 %
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Total Deposits486.5M 8.5 %
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Total Net Loans367.9M 8.2 %
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Net Income2.6M
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Book Value52.4M -1.0 %
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Book Value x2104.9M -1.0 %
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Book Value x3157.3M -1.0 %
Balance Sheet Highlights
Financial Highlights | First Independent Bank Of Nevada | All Insured Commercial Banks in Nevada |
Balance Sheet $(000) | ||
Total Assets | 558,774 | 797,535 |
Total Net Loans | 367,928 | 407,432 |
Total Deposits | 486,505 | 495,730 |
Total Equity | 52,438 | 203,460 |
Profitability | ||
Net Income | 2,556 | 13,590 |
Return on Average Assets | .623 | -.769 |
Return on Average Equity | 6.644 | -17.625 |
Net Interest Margin | 4.399 | 3.775 |
Efficiency Ratio | 70.444 | 111.962 |
Noninterest Income/Revenue | 2.236 | 44.497 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 75.627 | 107.386 |
Securities/Assets | .195 | .25 |
Total Equity/Total Assets | .094 | .255 |
Tangible Equity/Tangible Assets | .084 | .219 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 48,741 | 183,065 |
Tier 2 Capital | 10,540 | 6,091 |
Total Capital | 59,281 | 189,141 |
Total Risk Weighted Assets | 441,059 | 587,119 |
Leverage Ratio | 8.71 | 15.329 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 11.05 | 27.715 |
Total Capital Ratio | 13.44 | 28.951 |
Timeline for First Independent Bank Of Nevada
Western Alliance Bank
First Independent Bank Of Nevada was acquired by Western Alliance Bank 13 years
View Profile Dec 31 2010Western Alliance Bancorporation
Western Alliance Bancorporation became a new parent organization for First Independent Bank Of Nevada.
View Profile Mar 31 2007First Independent Capital Of Nevada
First Independent Capital Of Nevada became a new parent organization for First Independent Bank Of Nevada.
View Profile Nov 01 2001First Independent Bank Of Nevada
First Independent Bank Of Nevada was established 24 years ago and is currently headquartered in Reno, NV.
Sep 27 1999Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Western Alliance Bank | Buyer | 16,943,272 | Pooling of Interests | Discontinued | 12/31/2010 |
Relationships | Role | Relationship Start | Relationship End |
Western Alliance Bancorporation | Parent | 3/31/2007 | 12/30/2010 |
First Independent Capital Of Nevada | Parent | 11/1/2001 | 3/30/2007 |
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