Nevada Security Bank
Reno, NV — Non-member Bank
Acquired Jun 2010
Vitals
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Total Assets492.5M -14.0 %
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Total Deposits479.8M -2.2 %
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Total Net Loans330.0M -20.9 %
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Net Income-1686000.0000 -263.8 %
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Book Value12.0M -77.6 %
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Book Value x224.0M -77.6 %
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Book Value x336.0M -77.6 %
Balance Sheet Highlights
| Financial Highlights | Nevada Security Bank | All Insured Commercial Banks in Nevada |
| Balance Sheet $(000) | ||
| Total Assets | 492,491 | 732,438 |
| Total Net Loans | 330,021 | 19,130,813 |
| Total Deposits | 479,759 | 458,973 |
| Total Equity | 12,011 | 183,583 |
| Profitability | ||
| Net Income | -1,686 | 3,637 |
| Return on Average Assets | -1.348 | -.853 |
| Return on Average Equity | -52.851 | -19.883 |
| Net Interest Margin | 2.299 | 3.602 |
| Efficiency Ratio | 140.371 | 103.157 |
| Noninterest Income/Revenue | 6.285 | 42.015 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 68.789 | 165.826 |
| Securities/Assets | .042 | 19.316 |
| Total Equity/Total Assets | .024 | .251 |
| Tangible Equity/Tangible Assets | .022 | -6.582 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 10,771 | 162,620 |
| Tier 2 Capital | 4,783 | 557,802 |
| Total Capital | 15,554 | 171,262 |
| Total Risk Weighted Assets | 378,110 | 541,050 |
| Leverage Ratio | 2.16 | 17.025 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 2.85 | 31.274 |
| Total Capital Ratio | 4.11 | 32.56 |
Timeline for Nevada Security Bank
Nevada Security Bank was acquired by 13 years
Jun 19 2010
Northern Nevada Bank
Acquisition: Nevada Security Bank acquired a new subsidiary, Northern Nevada Bank, 17 years
View Profile Nov 06 2006
Cna Trust Corporation
Acquisition: Nevada Security Bank acquired a new subsidiary, Cna Trust Corporation, 19 years
View Profile Nov 20 2004
Bank Holdings, The
Bank Holdings, The became a new parent organization for Nevada Security Bank.
View Profile Aug 30 2003
| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Umpqua Bank | Buyer | 24,730,514 | Failure | 6/19/2010 | |
| Northern Nevada Bank | Seller | 156,653 | Acquisition | Discontinued | 11/6/2006 |
| Cna Trust Corporation | Seller | 35,393 | Acquisition | Discontinued | 11/20/2004 |
| Relationships | Role | Relationship Start | Relationship End |
| Bank Holdings, The | Parent | 8/30/2003 | 6/18/2010 |
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