August 30, 2014 11:58 PM ET

Banks

Company Overview of Bank of Nevada

Company Overview

As of December 31, 2013, Bank of Nevada was acquired by Western Alliance Bank. Bank of Nevada, a community bank, provides personal and business banking services in Nevada. The It offers deposit services, such as checking, NOW, savings, money market, and individual retirement accounts, as well as certificates of deposit, ATM/debit cards, and overdraft protection; merchant services to process point of sale and credit card purchases; and wire transfer services; and treasury management services, such as e-Deposit, lockbox, cash vault, automated clearing house services, account reconcilement, positive pay services, zero balance accounts, and corporate investment sweep services. The company also p...

2700 West Sahara Avenue

Las Vegas, NV 89102-1700

United States

Founded in 1994

Phone:

702-248-4200

Fax:

702-248-8661

Key Executives for Bank of Nevada

Bank of Nevada does not have any Key Executives recorded.

Bank of Nevada Key Developments

Bank of Nevada Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2013

Bank of Nevada reported unaudited earnings results for the second quarter and six months ended June 30, 2013. For the quarter, the company net interest income of $30,679,000 compared with $27,498,000 for the same period last year. Income from continuing operations before income taxes was $17,378,000 compared with $4,902,000 for the same period last year. Income from continuing operations was $12,706,000 compared with $3,765,000 for the same period last year. Net income was $12,706,000 compared with $3,765,000 for the same period last year. For six months, the company reported net interest income of $59,933,000 compared with $55,337,000 for the same period last year. Income from continuing operations before income taxes was $31,673,000 compared with $4,012,000 for the same period last year. Income from continuing operations was $23,408,000 compared with $4,726,000 for the same period last year. Net income was $23,408,000 compared with $4,726,000 for the same period last year.

Bank of Nevada Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2013

Bank of Nevada reported unaudited earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported net interest income was $29.2 million compared to $27.8 million in the first quarter of 2012. Income from continuing operations before income tax was $14.3 million compared to loss from continuing operations before income tax of $0.9 million reported a year ago. Income from continuing operations was $10.7 million compared to $1 million reported a year ago. Net income was $10.7 million compared to $1 million reported a year ago.

Bank of Nevada Reports Unaudited Earnings Results for the Fourth Quarter and Year Ended December 31, 2012

Bank of Nevada reported unaudited earnings results for the fourth quarter and year ended December 31, 2012. For the quarter, the company reported net income and net income from continuing operations of $7,556,000 compared to net income and net income from continuing operations of $1,167,000 a year ago. Net interest income was $30,127,000 compared to $27,734,000 a year ago. Net interest income after provision for credit losses was $23,595,000 compared to $18,734,000 a year ago. Income from continuing operations before income taxes was $10,248,000 compared to $1,025,000 a year ago. For the year, the company reported net income and net income from continuing operations of $18,119,000 compared to net income and net income from continuing operations of $7,475,000 a year ago. Net interest income was $113,181,000 compared to $107,316,000 a year ago. Net interest income after provision for credit losses was $77,803,000 compared to $77,693,000 a year ago. Income from continuing operations before income taxes was $22,152,000 compared to $9,101,000 a year ago.

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