Service1st Bank Of Nevada
Las Vegas, NV — Domestic Branch of a Domestic Bank
Acquired Oct 2012
Vitals
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Total Assets163.8M -20.4 %
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Total Deposits134.2M -22.7 %
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Total Net Loans86.9M -12.0 %
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Net Income-1187000.0000 89.2 %
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Book Value28.7M -8.2 %
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Book Value x257.5M -8.2 %
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Book Value x386.2M -8.2 %
Balance Sheet Highlights
| Financial Highlights | Service1st Bank Of Nevada | All Insured Commercial Banks in Nevada |
| Balance Sheet $(000) | ||
| Total Assets | 163,769 | 601,288 |
| Total Net Loans | 86,924 | 316,053 |
| Total Deposits | 134,209 | 420,710 |
| Total Equity | 28,743 | 134,616 |
| Profitability | ||
| Net Income | -1,187 | 20,020 |
| Return on Average Assets | -.898 | 2.315 |
| Return on Average Equity | -5.363 | -1.724 |
| Net Interest Margin | 3.361 | 3.821 |
| Efficiency Ratio | 110.827 | 78.123 |
| Noninterest Income/Revenue | 13.985 | 42.718 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 64.768 | 91.409 |
| Securities/Assets | .003 | .134 |
| Total Equity/Total Assets | .176 | .224 |
| Tangible Equity/Tangible Assets | .172 | .221 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 28,142 | 129,767 |
| Tier 2 Capital | 1,091 | 4,433 |
| Total Capital | 29,233 | 134,199 |
| Total Risk Weighted Assets | 85,117 | 350,763 |
| Leverage Ratio | 16.77 | 15.895 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 33.06 | 26.109 |
| Total Capital Ratio | 34.34 | 27.212 |
Timeline for Service1st Bank Of Nevada
Bank Of Nevada
Service1st Bank Of Nevada was acquired by Bank Of Nevada 11 years
View Profile Oct 20 2012
Western Liberty Bancorp
Western Liberty Bancorp became a new parent organization for Service1st Bank Of Nevada.
View Profile Oct 29 2010
Service1st Bank Of Nevada
Service1st Bank Of Nevada was established 17 years ago and is currently headquartered in Las Vegas, NV.
Jan 16 2007| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Bank Of Nevada | Buyer | 3,288,137 | Acquisition | Discontinued | 10/20/2012 |
| Relationships | Role | Relationship Start | Relationship End |
| Western Liberty Bancorp | Parent | 10/29/2010 | 10/17/2012 |
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