Nevada Security Bank
Reno, NV · Owner: Bank Holdings the
$492M
total assets, March 31, 2010
$492M
total assets, March 31, 2010
Nevada Security Bank was a state nonmember bank in Reno, NV, owned by Bank Holdings the. It failed on Jun 18, 2010, and Umpqua Bank took over its deposits. At its last report it held $492.5 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 2010
This bank failed
- Failed on
- Jun 18, 2010
- Assets
- $492M
- Deposits
- $480M
- Estimated cost
- $70.0M
- Deposits went to
- Umpqua Bank, Roseburg, OR
Total assets
$492M
-14.0% in a year · -0.5% in a quarter
Deposits
$480M
-2.2% in a year · -0.2% in a quarter
Loans
$342M
-19.8% in a year · -4.1% in a quarter
Profit so far
-$1.7M
Jan 1 to Mar 31, 2010 · -263.8% in a year
Capital ratio
2.16%
-5.88 pts in a year
Return on assets
-1.37%
-2.10 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 9990 Double R. Blvd., Reno, NV, 89521
- County
- Washoe
- Holding company
- Bank Holdings the
- Established
- Dec 27, 2001
- Failed
- Jun 18, 2010
- Employees
- 78
- Branches
- 5 in 2 states
- Id
- b57110
Quarter by quarter
December 31, 2001 to March 31, 2010
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 Nevada Security Bank?
$492.5 million in total assets and $479.8 million in deposits as of March 31, 2010, with assets down 14.0% from a year before. Its loans were $342.2 million.
How many branches does Nevada Security Bank have?
5 branches in 2 states as of June 30, 2026.
Is Nevada Security Bank profitable?
No: it lost $1.69 million from January 1 to March 31, 2010. Its return on assets was -1.37% a year; about 1% is typical.
Who owns Nevada Security Bank?
Nevada Security Bank is owned by Bank Holdings the, its holding company.
When did Nevada Security Bank fail?
Jun 18, 2010. Umpqua Bank of Roseburg, OR took over its deposits. The estimated cost of the failure was $70.0 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.