Service1st Bank of Nevada

Service1st Bank of Nevada is headquartered in Las Vegas and is the 13^st largest bank in the state of Nevada. It is also the 3,395^th largest bank in the nation. It was established in 2007 and as of March of 2012, it had grown to 43 employees at 2 locations. Service1st Bank of Nevada has a 4-star health rating.

Service1st Bank of Nevada Routing Number: 122402298

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Data for Q1 2012

Institution Statistics Service1st Bank of Nevada FDIC Certificate # 58473 BankRate Report View Year Established 2007 Employees 43 Primary Regulator FDIC Assets and Liabilities Assets $179.73 million Loans $81.62 million Deposits $149.23 million Equity Capital $29.99 million Loan Loss Allowance $2.69 million Unbacked Noncurrent Loans $7.84 million Historic Data - March 2011 Assets $176.43 million Equity Capital $43.04 million Loan Loss Allowance $1.29 million Unbacked Noncurrent Loans $4.69 million Real Estate Owned $5.44 million Profit Margin - Quarterly Net Interest Margin 3.64% Return on Assets 0.13% Return on Equity 0.83% Interest Income $1.70 million

Institution Health Overall Score: 4 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 Service1st Bank of Nevada had $7.84 million in non-current loans and owned real-estate with $32.68 million in equity and loan loss allowances on hand to cover it. This gives Service1st Bank of Nevada a Texas Ratio of 23.98% 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 Service1st Bank of Nevada held steady from 22.85% as of March 31, 2011 to 23.98% as of March 31, 2012, resulting in a negative change of 4.97%. This indicates that the balance sheet and financial strength for Service1st Bank of Nevada has held steady in recent periods. Deposit Growth In the past year, Service1st Bank of Nevada has increased its total deposits by $16.96 million, resulting in 12.82% 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 Service1st Bank of Nevada has shown is excellent. 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. Service1st Bank of Nevada has $179.73 million in assets with $32.68 million in equity, resulting in a capitalization level of 18.18%, which is excellent.

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