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1771 Mcculloch Boulevard
Lake Havasu City, AZ 86405

Mohave State Bank is headquartered in Lake Havasu City and is the 6th largest bank in the state of Arizona. It is also the 2,170th largest bank in the nation. It was established in 1991 and as of June of 2014, it had grown to 76 employees at 6 locations. Mohave State Bank has a B+ health rating.

Reviews (4)

Consent Order

Be careful with this one still has an active Consent Order keep you deposits under the insured amount and keep a little cash on hand. Be prepaired

It Would Be Sad To See It Go. Lake Havasu Won't Have A Local Bank Anymore.

Ethics seem to have gone awry in this financial industry. Always try to be prepared for the unexpected bank closures.

Several lawyers and politicians on the board have done their thing to keep it going while under constant orders. The very foundation can crumble if the ethics are not brought back. Sad, sad, sad.

Ethics - Zero Stars

Worst bank ever.

Use Of Commercial Loans To Fund Single Family Residences Is Under Investigation By FDIC And AZ Financial Institutions Dept. Lawsuits May Be Forthcoming On Lending And Foreclosure Processes Outside The Norm

Use of commercial loans to fund single family residences is under investigation by the FDIC and AZ Financial Institutions Dept. Lawsuits may be forthcoming on lending and foreclosure processes outside the norm.


Data for Q2 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of June 30, 2014 Mohave State Bank had $17.61 million in non-current loans and owned real-estate with $37.28 million in equity and loan loss allowances on hand to cover it. This gives Mohave State Bank a Texas Ratio of 47.24% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Mohave State Bank decreased dramatically from 77.62% as of June 30, 2013 to 47.24% as of June 30, 2014, resulting in a positive change of 39.14%.This indicates that the balance sheet and financial strength for Mohave State Bank has improved dramatically in recent periods.

Deposit Growth


In the past year, Mohave State Bank has increased its total deposits by $5.39 million, resulting in 2.1% 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 Mohave State Bank has shown is above average.



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. Mohave State Bank has $301.88 million in assets with $37.28 million in equity, resulting in a capitalization level of 12.35%, which is excellent.

Institution Statistics

FDIC Certificate #33508
Year Established1991
Primary RegulatorFDIC
Assets and Liabilities
Assets$301.88 million
Loans$201.38 million
Deposits$262.56 million
Equity Capital$34.36 million
Loan Loss Allowance$2.92 million
Unbacked Noncurrent Loans$5.92 million
Real Estate Owned$11.69 million
Historic Data - June 2013
Assets$290.38 million
Equity Capital$29.16 million
Loan Loss Allowance$3.57 million
Unbacked Noncurrent Loans$5.92 million
Real Estate Owned$16.43 million
Profit Margin - Quarterly
Return on Assets2.93%
Return on Equity27.27%
Interest Income$5.80 million

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Mohave State Bank Locations
Lake Havasu Avenue Branch1021 North Lake Havasu AvenueLake Havasu City, AZ 86403
Mohave State Bank1771 Mcculloch BoulevardLake Havasu City, AZ 86405
Yuma Branch1800 S 4th AveYuma, AZ 85364
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