Silver State Bank
Henderson, NV · Owner: Silver State Bcorp
$2.0B
total assets, June 30, 2008
$2.0B
total assets, June 30, 2008
Silver State Bank was a state nonmember bank in Henderson, NV, owned by Silver State Bcorp. It failed on Sep 5, 2008, and Nevada State Bank took over its deposits. At its last report it held $2.0 billion in assets.
Updated Oct 11, 2026 · numbers as of June 30, 2008
This bank failed
- Failed on
- Sep 5, 2008
- Assets
- $2.0B
- Deposits
- $1.7B
- Estimated cost
- $722M
- Deposits went to
- Nevada State Bank, Las Vegas, NV
Total assets
$2.0B
+49.9% in a year · +20.5% in a quarter
Deposits
$1.7B
+58.0% in a year · +25.8% in a quarter
Loans
$1.6B
+37.3% in a year · +10.1% in a quarter
Profit so far
-$85.7M
Jan 1 to Jun 30, 2008 · -798.4% in a year
Capital ratio
6.56%
-4.25 pts in a year
Return on assets
-9.08%
-11.16 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 400 North Green Valley Parkway, Henderson, NV, 89014
- County
- Clark
- Holding company
- Silver State Bcorp
- Established
- Jul 1, 1996
- Failed
- Sep 5, 2008
- Employees
- 345
- Branches
- 18 in 2 states
- Id
- b34194
Quarter by quarter
September 30, 1996 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 Silver State Bank?
$2.0 billion in total assets and $1.7 billion in deposits as of June 30, 2008, with assets up 49.9% from a year before. Its loans were $1.6 billion.
How many branches does Silver State Bank have?
18 branches in 2 states as of June 30, 2026.
Is Silver State Bank profitable?
No: it lost $85.7 million from January 1 to June 30, 2008. Its return on assets was -9.08% a year; about 1% is typical.
Who owns Silver State Bank?
Silver State Bank is owned by Silver State Bcorp, its holding company.
When did Silver State Bank fail?
Sep 5, 2008. Nevada State Bank of Las Vegas, NV took over its deposits. The estimated cost of the failure was $722.1 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.