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Nevada State Bank

Las Vegas, NV · Cert 18113

FDIC · 50 branches

Q3 2015

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q3 2015, the quarter ended September 30, 2015, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-10

Nevada State Bank

Las Vegas, NV · Cert 18113

FDIC · 50 branches

Q3 2015

$4.3BAssets
$2.3BLoans
$3.9BDeposits
$380.9MEquity
Loan mix
73%RE $1.3B22%C&I $0.4B4%Consumer $0.1BQ3 2014Q3 2015
Deposit mix
61%Interest-bearing $2.4B39%Noninterest $1.5BQ3 2014Q3 2015

NIM

2.92%Q3 ’132.89%Q3 ’142.71%Q3 ’150%-6%

Non-interest income vs. expense

3.31%Q3 ’133.20%Q3 ’143.00%Q3 ’15+3%-7%

Market Position · Las Vegas-Henderson-Paradise, NV · 2015 SOD (annual) · 5.7% share · #6 of 38 inst. · $2.6B of $45.9B

5.7% Clark
0.5% Washoe
34.9% Elko
34.0% Nye

Executive Summary

  • Earnings: ROA of 0.59%, up 7 bps year over year; NIM at 2.63%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.46%.
  • Capital: tier 1 leverage ratio of 8.69%.
  • Funding: loans stand at 58.93% of deposits as of Q3 2015.

Financial Results

Return on Assets (YTD, annualized)

0.59%+7 bps YoY

Net Interest Margin (YTD, annualized)

2.63%-18 bps YoY

Efficiency Ratio (YTD, annualized)

87.29%-5 bps YoY

Tier 1 Leverage Ratio

8.69%

Year to date, annualized, through each quarter.

MetricQ3 2014Q4 2014Q1 2015Q2 2015Q3 2015YoY ΔTrend
Earnings
Return on Assets0.51%0.55%0.86%0.62%0.59%+7 bps
Return on Equity5.55%5.93%9.33%6.84%6.53%+98 bps
Net Interest Margin2.81%2.80%2.74%2.67%2.63%-18 bps
Efficiency Ratio87.34%88.66%87.01%87.31%87.29%-5 bps
Non-Interest Burden2.35%2.39%2.28%2.23%2.19%-16 bps
Growth
Asset Growth (YoY)1.69%2.94%4.63%5.63%7.17%+548 bps
Loan Growth (YoY)8.89%5.44%2.47%1.54%-3.90%-1,279 bps
Deposit Growth (YoY)2.01%2.78%4.56%6.12%7.84%+582 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.02%0.01%-1.03%-0.64%-0.46%-43 bps
Allowance / Loans2.57%2.21%2.14%2.10%1.99%-58 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/a9.31%8.86%8.69%n/a
Total Risk-Based Capital16.58%16.78%17.03%17.10%17.26%+68 bps
Equity / Assets9.40%9.33%9.08%8.81%8.78%-63 bps
Liquidity & Funding
Loans / Deposits66.13%65.72%62.09%60.24%58.93%-720 bps
Liquid Assets / Assets16.54%16.65%19.49%20.76%22.04%+551 bps
CRE / Total Capitaln/an/an/an/an/an/an/a