First National Bank of Nevada
Reno, NV · Owner: First National Bank Holding Co
$3.4B
total assets, June 30, 2008
$3.4B
total assets, June 30, 2008
First National Bank of Nevada was a national bank in Reno, NV, owned by First National Bank Holding Co. It failed on Jul 25, 2008, and Mutual Of Omaha Bank took over its deposits. At its last report it held $3.4 billion in assets.
Updated Oct 11, 2026 · numbers as of June 30, 2008
This bank failed
- Failed on
- Jul 25, 2008
- Assets
- $3.4B
- Deposits
- $3.0B
- Estimated cost
- $710M
- Deposits went to
- Mutual Of Omaha Bank, Omaha, NE
Total assets
$3.4B
+140.1% in a year · +108.8% in a quarter
Deposits
$3.0B
+151.3% in a year · +115.1% in a quarter
Loans
$3.2B
+239.5% in a year · +280.2% in a quarter
Profit so far
-$224M
Jan 1 to Jun 30, 2008 · -1742.2% in a year
Capital ratio
5.07%
-4.20 pts in a year
Return on assets
-10.79%
-12.63 pts in a year
Facts
- Type
- National bank
- Head office
- 6275 Neil Road, Reno, NV, 89511
- County
- Washoe
- Holding company
- First National Bank Holding Co
- Established
- Jul 23, 1987
- Failed
- Jul 25, 2008
- Employees
- 914
- Branches
- 26 in 2 states
- Id
- b27011
Quarter by quarter
September 30, 1987 to June 30, 2008
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is First National Bank of Nevada?
$3.4 billion in total assets and $3.0 billion in deposits as of June 30, 2008, with assets up 140.1% from a year before. Its loans were $3.2 billion.
How many branches does First National Bank of Nevada have?
26 branches in 2 states as of June 30, 2026.
Is First National Bank of Nevada profitable?
No: it lost $224.2 million from January 1 to June 30, 2008. Its return on assets was -10.79% a year; about 1% is typical.
Who owns First National Bank of Nevada?
First National Bank of Nevada is owned by First National Bank Holding Co, its holding company.
When did First National Bank of Nevada fail?
Jul 25, 2008. Mutual Of Omaha Bank of Omaha, NE took over its deposits. The estimated cost of the failure was $709.6 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.