The Graveyard › Banks › 2013
1st Commerce Bank
North Las Vegas, NV · failed June 6, 2013 · FDIC certificate 58358
1st Commerce Bank of North Las Vegas, NV failed on June 6, 2013. It opened on October 18, 2006, 6 years before. At its last report before that it held $20.2 million in assets and $19.6 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 2008, it held $52.6 million. The FDIC estimates that the Deposit Insurance Fund lost $5.2 million on it.
2006-122013-03
Assets at the end$20.2 millionlast report before June 6, 2013
Deposits at the end$19.6 million
Estimated loss to the fund$5.2 millionDIF
Largest in the quarterly reports$52.6 millionDecember 31, 2008
Equity to assets2.6%March 31, 2013
Loans not being repaid9.1%noncurrent, March 31, 2013
Return on assets1.35%a year's rate, March 31, 2013
Staff5full time, March 31, 2013
Also ended in 2013
- First National Bank · Edinburg, TX · $3.1 billion in assets
- Mountain National Bank · Sevierville, TN · $437.3 million in assets
- Community South Bank · Parsons, TN · $386.9 million in assets
- Douglas County Bank · Douglasville, GA · $317.3 million in assets
- Frontier Bank · Lagrange, GA · $258.8 million in assets
- First Community Bank of Southwest Florida · Fort Myers, FL · $247.3 million in assets
History, not advice.
Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.