Bank of Nevada

about us

The "Super Community Bank"

Headquartered in Las Vegas, Bank of Nevada is structured as a 'super community bank' providing a broader product array and larger credit capacity than a traditional community bank and a staff of experienced relationship managers who serve as a single point of contact for Bank clients. Through a dedicated single relationship manager, clients have direct access to senior level banking professionals and concierge-style personal service for business and personal banking needs.

At Bank of Nevada, we have the capacity to meet the lending needs of virtually any size business. We also assist businesses with a full array of cash management services including Nevada's only locally-based lock box service, a central cash vault, and electronic banking, as well as merchant services and a host of other banking products. For added time-saving convenience, business clients also benefit from our courier service, as well as our new remote deposit service, 'e-Deposit'. Bank of Nevada's commitment to personal service began when the Bank was founded in 1994. Just 15 years later, Bank of Nevada now has assets of $2.8 billion.

 

1st Quarter 2010 summary as of 3/31/10

Bank of Nevada continues to be a strong, trusted resource for our customers with record deposit growth, a strong capital position and asset quality that remains among the best of our local bank peers.

  • Deposit growth of $63.3 million for the quarter, up 2.9% to a total of $2.3 billion.
  • Total Risk-Based Capital ratio of 14.2%.
  • Asset quality, while stressed due to economic conditions, remains among the best of our local bank peer group.
  • Our balance sheet capacity, capital and liquidity ensure we remain a trusted resource for our customers and an active lender in Southern Nevada.

western alliance bancorporation as of 3/31/10

  • Record deposit growth of $468 million for the quarter, to $5.19 billion and year-over-year growth of $1.13 billion.
  • Total Risk-Based Capital ratio of 14.5%.
  • WAL is now the 89th largest publicly held banking company in the nation.
  • Exceptional liquidity of $1.2 billion enables us to be an active lending resource in all of our markets.
  • Among locally-charted banks, WAL banks now rank second in Nevada and third in Arizona and San Diego County by deposit market share.

 

About Independent Bank Rating Agencies:
Bank ratings agencies are independent groups that use their own criteria in reviewing banks and do not factor in the effects of their affiliation with the parent holding company. Federal regulators also look at the parent company in assessing the strength of the enterprise.

Bank of Nevada is an affiliate of Western Alliance Bancorporation (NYSE:WAL).