First Security Bank of Nevada

First Security Bank of Nevada is headquartered in Las Vegas and is the 16^st largest bank in the state of Nevada. It is also the 4,788^th largest bank in the nation. It was established in 2007 and as of March of 2012, it had grown to 20 employees at 2 locations. First Security Bank of Nevada has a 3-star health rating.

First Security Bank of Nevada Routing Number: 122402311

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Data for Q1 2012

Institution Statistics First Security Bank of Nevada FDIC Certificate # 58443 BankRate Report View Year Established 2007 Employees 20 Primary Regulator FDIC Assets and Liabilities Assets $106.91 million Loans $66.58 million Deposits $82.38 million Equity Capital $19.89 million Loan Loss Allowance $138,000 Unbacked Noncurrent Loans $7.93 million Real Estate Owned $4.30 million Historic Data - March 2011 Assets $100.39 million Equity Capital $6.92 million Loan Loss Allowance $3.06 million Unbacked Noncurrent Loans $13.27 million Real Estate Owned $10.46 million Profit Margin - Quarterly Net Interest Margin 4.88% Return on Assets 0.78% Return on Equity 4.47% Interest Income $1.13 million

Institution Health Overall Score: 3 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 March 31, 2012 First Security Bank of Nevada had $12.22 million in non-current loans and owned real-estate with $20.02 million in equity and loan loss allowances on hand to cover it. This gives First Security Bank of Nevada a Texas Ratio of 61.03% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for First Security Bank of Nevada decreased significantly from 237.88% as of March 31, 2011 to 61.03% as of March 31, 2012, resulting in a positive change of 74.34%.This indicates that the balance sheet and financial strength for First Security Bank of Nevada has improved significantly in recent periods. Deposit Growth In the past year, First Security Bank of Nevada has decreased its total deposits by -$6.27 million, resulting in -7.07% 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 First Security Bank of Nevada 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. First Security Bank of Nevada has $106.91 million in assets with $20.02 million in equity, resulting in a capitalization level of 18.73%, which is excellent.

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