Bank of Las Vegas

Bank of Las Vegas is headquartered in Henderson and is the 11^st largest bank in the state of Nevada. It is also the 2,029^th largest bank in the nation. It was established in 2002 and as of December of 2011, it had grown to 61 employees at 5 locations. Bank of Las Vegas has a 1-star health rating.

Bank of Las Vegas Routing Number: 122402175

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Data for Q4 2011

Institution Statistics Bank of Las Vegas FDIC Certificate # 57276 BankRate Report View Year Established 2002 Employees 61 Primary Regulator FDIC Assets and Liabilities Assets $318.17 million Loans $227.37 million Deposits $301.70 million Equity Capital $7.04 million Loan Loss Allowance $13.44 million Unbacked Noncurrent Loans $61.45 million Real Estate Owned $16.68 million Historic Data - December 2010 Assets $375.45 million Equity Capital $8.68 million Loan Loss Allowance $25.24 million Unbacked Noncurrent Loans $81.20 million Real Estate Owned $12.31 million Profit Margin - Quarterly Net Interest Margin 2.95% Return on Assets -2.33% Return on Equity -103.64% Interest Income $13.03 million

Institution Health Overall Score: 1 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Bank of Las Vegas had $78.13 million in non-current loans and owned real-estate with $20.48 million in equity and loan loss allowances on hand to cover it. This gives Bank of Las Vegas a Texas Ratio of 381.50% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Bank of Las Vegas increased slightly from 276.83% as of December 31, 2010 to 381.50% as of December 31, 2011, resulting in a negative change of 37.81%. This indicates that the balance sheet and financial strength for Bank of Las Vegas has declined slightly in recent periods. Deposit Growth In the past year, Bank of Las Vegas has decreased its total deposits by -$40.06 million, resulting in -11.72% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Bank of Las Vegas has shown is poor. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Bank of Las Vegas has $318.17 million in assets with $20.48 million in equity, resulting in a capitalization level of 6.44%, which is below average.

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