Mohave State Bank is headquartered in Lake Havasu City and is the 4th largest bank in the state of Arizona. It is also the 1,983rd largest bank in the nation. It was established in 1991 and as of March of 2016, it had grown to 72 employees at 5 locations. Mohave State Bank has an A health rating.
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.
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.
|FDIC Certificate #||33508|
|Return on Assets - YTD||0.91%|
|Return on Equity - YTD||7.95%|
|Annual Interest Income||$3.2MM|
|Assets and Liabilities|
|Assets||Q1 2016vs Q1 2015||$338.2MM$328.3MM|
|Loans||Q1 2016vs Q1 2015||$217.9MM$214.2MM|
|Deposits||Q1 2016vs Q1 2015||$296.2MM$288.5MM|
|Equity Capital||Q1 2016vs Q1 2015||$38.0MM$35.3MM|
|Loan Loss Allowance||Q1 2016vs Q1 2015||$3.1MM$3.0MM|
|Unbacked Noncurrent Loans||Q1 2016vs Q1 2015||$2.2MM$6.4MM|
|Real Estate Owned||Q1 2016vs Q1 2015||$4.0MM$7.6MM|
Sorry, we do not have rate data for Mohave State Bank.
|Mohave State Bank Locations|
|Mohave State Bank||1771 Mcculloch Boulevard||Lake Havasu City, AZ 86403|
|Bullhead City Branch||3651 Highway 95||Bullhead City, AZ 86442|
|Stockton Hill Road Branch||3737 Stockton Hill Road||Kingman, AZ 86401|
|Kingman Haulapai Office Branch||2202 Haulapai Mountain Road||Kingman, AZ 86401|
|Lake Havasu Avenue Branch||1021 North Lake Havasu Avenue||Lake Havasu City, AZ 86403|