Nevada National Bank

Headquarters

6110 Spring Mountain Road
Las Vegas, NV 89146
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.95% →
1-Year CD N.A. 1.01% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Nevada National Bank is an FDIC insured institution located in Las Vegas, NV. It was founded in 2007 and has approximately $0.05 billion in assets.

FDIC Insured Yes
FDIC Certificate # 58418
Date Established 2007
Assets $ 52.10 million
Loans $ 8.33 million
Deposits $ 47.34 million
Capital $ 4.72 million
 

For a more detailed analysis of Nevada National Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - October 29, 2020

Your Current Location: Virginia, VA 20146


Loan Rates - October 29, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Nevada National Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Virginia 30 Year Fixed Mortgage Rates 2020

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Payment
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1Rate, Inc
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License#: MC-7051
2.539% 2.500% 0.50 $1,304 $988 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.669% 2.625% 0.63 $1,450 $1,005 Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
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Bethpage Federal Credit Union
Bethpage Federal Credit Union
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Intro APR
2.990 %
After Intro: 3.500 %
Intro Period: 12 months
$25,000 Learn More
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Note to Nevada National Bank
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Branches

Nevada National Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Nevada National Bank Locations


Financial Details

Nevada National Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Nevada National Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Nevada National Bank U.S. Bank Average
17.98% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, Nevada National Bank had $1,010,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $4,723,000 in equity and $893,000 in loans loss reserves. That gives it a Texas Ratio of 17.98%.

Return on Equity
Nevada National Bank U.S. Bank Average
3.14% 7.80%

Nevada National Bank has a Return on Equity of 3.14% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Nevada National Bank U.S. Bank Average
9.06% 12.68%

Nevada National Bank has a Capitalization of 9.06% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Nevada National Bank Balance Sheet Analysis

As of March 31, 2013, Nevada National Bank had assets of $52,102,000, loans of $8,326,000, and deposits of $47,335,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 8.33 million
Loan loss allowance $ 0.89 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 47.34 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 52.10 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Nevada National Bank’s loan portfolio are Commercial Real Estate, Small Business Loans, and Construction and Development Loans.

Compared to other banks in Nevada, Nevada National Bank has a significantly higher percent of Small Business Loans, Commercial Real Estate on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 5.44
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 31.76
Construction and Development Loans 5.50
Commercial Real Estate 98.27
Commercial and Industrial Loans 1.54
Farm Loans 0.00

Frequently Asked Questions About Nevada National Bank

Branches and Savings

Is Nevada National Bank FDIC insured?

Yes. It is covered under FDIC Certificate #58418.

Why does Nevada National Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Nevada National Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Nevada National Bank a commercial bank?

Yes

Where are Nevada National Bank locations?

See branch locations nearby.

Is Nevada National Bank open on Saturdays?

Is Nevada National Bank open on Sundays?

What time does Nevada National Bank open?

What time does Nevada National Bank close?

Are Nevada National Bank ATMs Open 24/7?

Do Nevada National Bank ATMs accept cash deposits?

Can Nevada National Bank customers use other ATMs?

Do Nevada National Bank branches have notaries?

Will Nevada National Bank notarize my document?

What address for Nevada National Bank should I put for incoming ACH transfers?

Will the Nevada National Bank branch print checks?

Do Nevada National Bank checks expire?

Does Nevada National Bank require US citizenship to open account?

Can Nevada National Bank close my account?

Does Nevada National Bank Report to credit bureaus?

Does Nevada National Bank Use Equifax?

What is Nevada National Bank's ACH Routing Number?

What is Nevada National Bank's SWIFT code?

Products

Does Nevada National Bank offer mortgages?

Compare mortgage rates here.

Does Nevada National Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Nevada National Bank offer personal loans?

Compare personal loan rates here.

Does Nevada National Bank offer student loans?

Will Nevada National Bank cash a check?

Will Nevada National Bank redeem a savings bond?

Does Nevada National Bank cash savings bonds?

Will Nevada National Bank cash money orders?

Can Nevada National Bank issue a money order?

Does Nevada National Bank do currency exchange?

Background on The Bank

Who owns Nevada National Bank?

How long has Nevada National Bank been around?

Can Nevada National Bank transfer to other banks?

Does Nevada National Bank have quick pay?

Does Nevada National Bank accept rolled coins?

Will Nevada National Bank accept loose change?

Where is Nevada National Bank headquarters?

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