PackageTrendsPeer
Letter portraitLegal landscape

First National Bank of Nevada

Laughlin, NV · Cert 27011

FDIC

Q2 2008

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: Q2 2008, the quarter ended June 30, 2008, 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 2026-10-11

First National Bank of Nevada

Laughlin, NV · Cert 27011

FDIC

Q2 2008

$3.4BAssets
$3.2BLoans
$3.0BDeposits
$218.1MEquity
Loan mix
87%RE $2.5B13%C&I $0.4B0%Consumer $0.0BQ2 2007Q2 2008
Deposit mix
89%Interest-bearing $2.7B11%Noninterest $0.3BQ2 2007Q2 2008

NIM

7.20%Q2 ’068.16%Q2 ’076.77%Q2 ’08+9%-15%

Non-interest income vs. expense

1.65%Q2 ’062.63%Q2 ’076.36%Q2 ’08+151%+210%

Executive Summary

  • Earnings: ROA of -20.68%, down 2,251 bps year over year; NIM at 4.21%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 7.62%.
  • Funding: loans stand at 104.83% of deposits as of Q2 2008.

Financial Results

Return on Assets (YTD, annualized)

-20.68%-2,251 bps YoY

Net Interest Margin (YTD, annualized)

4.21%-76 bps YoY

Efficiency Ratio (YTD, annualized)

118.78%+7,514 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2007Q3 2007Q4 2007Q1 2008Q2 2008YoY ΔTrend
Earnings
Return on Assets1.84%1.92%1.91%-1.88%-20.68%-2,251 bps
Return on Equity18.42%19.05%19.47%-23.38%-288%-30,691 bps
Net Interest Margin4.97%5.04%4.84%2.91%4.21%-76 bps
Efficiency Ratio43.64%45.21%48.04%67.07%118.78%+7,514 bps
Non-Interest Burden1.70%1.82%1.63%1.53%5.28%+358 bps
Growth
Asset Growth (YoY)-5.97%-12.90%-6.33%10.28%140.11%+14,608 bps
Loan Growth (YoY)-12.53%-12.97%-28.28%-33.42%240%+25,208 bps
Deposit Growth (YoY)5.90%3.11%6.85%17.66%151.35%+14,545 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.09%-0.08%-0.07%0.34%7.62%+771 bps
Allowance / Loans1.06%1.04%1.49%3.49%4.17%+312 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital13.15%13.55%10.99%9.67%6.78%-637 bps
Equity / Assets9.98%10.42%8.75%7.37%6.39%-359 bps
Liquidity & Funding
Loans / Deposits77.60%81.40%64.27%59.30%104.83%+2,723 bps
Liquid Assets / Assets0.27%0.25%0.23%0.21%0.75%+48 bps
CRE / Total Capitaln/an/an/an/an/an/an/a