Bank failure · NV
Silver State Bank (Henderson, NV) — failed September 5, 2008
Silver State Bank of Henderson, Nevada was closed on September 5, 2008 and resolved through a purchase and assumption (insured deposits). Nevada State Bank (NV) took over its insured deposits. At failure it held $2.0B in assets and $1.7B in deposits. The FDIC's estimated loss on the failure is $722.1M (36.9% of assets).
- Closing date
- September 5, 2008
- FDIC certificate #
- 34194
- Resolution
- Purchase and assumption (insured deposits) (failure)
- Acquiring institution
- Nevada State Bank
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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