Bank failure · NV
1st COMMERCE BANK (North Las Vegas, NV) — failed June 6, 2013
1st COMMERCE BANK of North Las Vegas, Nevada was closed on June 6, 2013 and resolved through a purchase and assumption. Plaza Bank (CA) took over its insured deposits. At failure it held $20.2M in assets and $19.6M in deposits. The FDIC's estimated loss on the failure is $5.2M (25.8% of assets).
- Closing date
- June 6, 2013
- FDIC certificate #
- 58358
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Plaza Bank
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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