Great Basin Bank of Nevada
Elko, NV · Owner: Great Basin Financial Corp
$239M
total assets, March 31, 2009
$239M
total assets, March 31, 2009
Great Basin Bank of Nevada was a state nonmember bank in Elko, NV, owned by Great Basin Financial Corp. It failed on Apr 17, 2009, and Nevada State Bank took over its deposits. At its last report it held $238.9 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 2009
This bank failed
- Failed on
- Apr 17, 2009
- Assets
- $239M
- Deposits
- $221M
- Estimated cost
- $20.0M
- Deposits went to
- Nevada State Bank, Las Vegas, NV
Total assets
$239M
-9.6% in a year · -9.6% in a quarter
Deposits
$221M
-0.2% in a year · -8.5% in a quarter
Loans
$135M
-9.7% in a year · -4.6% in a quarter
Profit so far
$828K
Jan 1 to Mar 31, 2009
Capital ratio
2.68%
-4.03 pts in a year
Return on assets
1.32%
+1.49 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 487 Railroad Street, Elko, NV, 89801
- County
- Elko
- Holding company
- Great Basin Financial Corp
- Established
- Jul 29, 1993
- Failed
- Apr 17, 2009
- Employees
- 101
- Branches
- 5
- Id
- b33824
Quarter by quarter
September 30, 1993 to March 31, 2009
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 Great Basin Bank of Nevada?
$238.9 million in total assets and $220.8 million in deposits as of March 31, 2009, with assets down 9.6% from a year before. Its loans were $135.4 million.
How many branches does Great Basin Bank of Nevada have?
5 branches in Nevada as of June 30, 2026.
Is Great Basin Bank of Nevada profitable?
Yes: it earned $828,000 from January 1 to March 31, 2009. Its return on assets was 1.32% a year; about 1% is typical.
Who owns Great Basin Bank of Nevada?
Great Basin Bank of Nevada is owned by Great Basin Financial Corp, its holding company.
When did Great Basin Bank of Nevada fail?
Apr 17, 2009. Nevada State Bank of Las Vegas, NV took over its deposits. The estimated cost of the failure was $20.0 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.