Mohave State Bank is headquartered in Lake Havasu City and is the 3rd largest bank in the state of Arizona. It is also the 1,227th largest bank in the nation. It was established in 1991 and as of March of 2017, it had grown to 127 employees at 9 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||1.02%|
|Return on Equity - YTD||9.8%|
|Annual Interest Income||$5.4MM|
|Assets and Liabilities|
|Assets||Q1 2017vs Q1 2016||$590.1MM$338.2MM|
|Loans||Q1 2017vs Q1 2016||$332.6MM$217.9MM|
|Deposits||Q1 2017vs Q1 2016||$522.7MM$296.2MM|
|Equity Capital||Q1 2017vs Q1 2016||$62.0MM$38.0MM|
|Loan Loss Allowance||Q1 2017vs Q1 2016||$3.0MM$3.1MM|
|Unbacked Noncurrent Loans||Q1 2017vs Q1 2016||$1.9MM$2.2MM|
|Real Estate Owned||Q1 2017vs Q1 2016||$3.3MM$4.0MM|
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|
|Cottonwood Branch||597 E State Route 89a||Cottonwood, AZ 86326|
|Country Bank Branch||147 North Cortez Street||Prescott, AZ 86301|
|Black Drive/Gail Gardner Branch||1275 Gail Gardner Way||Prescott, AZ 86303|
|Prescottvalley Branch||3044 N Glassford Hill Road||Prescott Valley, AZ 86314|