Overview / Commentary
First Security Bank of Nevada is headquartered in Las Vegas and is the 10th largest bank in the state of Nevada. It is also the 2,436th largest bank in the nation. It was established in 2007 and as of June of 2020, it had grown to 26 employees at 2 locations. First Security Bank of Nevada has an A+ health rating.
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Health
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 58443 |
| Year Established | 2007 |
| Employees | 26 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.34% |
| Return on Equity - YTD | 6.63% |
| Annual Interest Income | $5.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $285.4MM$218.9MM |
| Loans | Q2 2020vs Q2 2019 | $180.5MM$134.3MM |
| Deposits | Q2 2020vs Q2 2019 | $190.6MM$169.8MM |
| Equity Capital | Q2 2020vs Q2 2019 | $51.8MM$48.1MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $2.3MM$2.1MM |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $14.00K$0 |
| Real Estate Owned | Q2 2020vs Q2 2019 | $0$0 |