Security Savings Bank
Henderson, NV — Non-member Bank
Acquired Feb 2009
Vitals
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Total Assets238.3M -12.8 %
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Total Deposits174.9M -2.6 %
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Total Net Loans119.1M -33.9 %
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Net Income
-
Book Value2.4M -91.3 %
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Book Value x24.7M -91.3 %
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Book Value x37.1M -91.3 %
Balance Sheet Highlights
| Financial Highlights | Security Savings Bank | All Insured Commercial Banks in Nevada |
| Balance Sheet $(000) | ||
| Total Assets | 238,307 | 599,714 |
| Total Net Loans | 119,068 | 17,961,034 |
| Total Deposits | 174,872 | 368,988 |
| Total Equity | 2,365 | 143,803 |
| Profitability | ||
| Net Income | — | 37,464 |
| Return on Average Assets | — | 5.777 |
| Return on Average Equity | — | 19.196 |
| Net Interest Margin | 1.052 | 4.078 |
| Efficiency Ratio | 582.205 | 132.957 |
| Noninterest Income/Revenue | 88.172 | |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 68.089 | 127.95 |
| Securities/Assets | .182 | 14.702 |
| Total Equity/Total Assets | .01 | .24 |
| Tangible Equity/Tangible Assets | .01 | -4.979 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 4,814 | 124,895 |
| Tier 2 Capital | 1,723 | 1,296,799 |
| Total Capital | 6,537 | 132,279 |
| Total Risk Weighted Assets | 135,097 | 499,833 |
| Leverage Ratio | 1.91 | 19.073 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 3.56 | 22.496 |
| Total Capital Ratio | 4.84 | 23.843 |
Timeline for Security Savings Bank
Bank Of Nevada
Security Savings Bank was acquired by Bank Of Nevada 15 years
View Profile Feb 28 2009
Security Savings Bank
Security Savings Bank was established 24 years ago and is currently headquartered in Henderson, NV.
Apr 03 2000| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Bank Of Nevada | Buyer | 3,288,137 | Failure | 2/28/2009 |
| Relationships | Role | Relationship Start | Relationship End |
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