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The Bank Holdings

 
Hoover's Profile: The Bank Holdings
(NASDAQ (CM):TBHS)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
The Bank Holdings
9990 Double R Blvd.
Reno, NV 89521
NV Tel. 775-853-8600
Fax 775-853-2068

Type: Public
On the web: http://www.thebankholdings.com
Employees: 99
Employee growth: (20.2%)

You can probably guess what The Bank Holdings does. Where they do it is out west. As the holding company for Nevada Security Bank, it operates branches in northern Nevada, and in California under the Silverado Bank brand. The bank offers typical deposit products, such as checking and savings accounts, as well as CDs and IRAs. Real estate loans make up nearly 80% of the bank's loan portfolio, which also includes mortgages, construction/industrial, consumer, and business loans. The Bank Holdings moved into California in 2004 after it acquired CNA Trust Corporation of Costa Mesa. The company grew again in 2006 with the purchase of Northern Nevada Bank. The company also owns exchange companies.

Key numbers for fiscal year ending December, 2008:
Sales: $4.0M
One year growth: (83.0%)
Net income: ($37.4)M

Officers:
Chairman and CEO; CEO, Nevada Security Bank: Harold G. (Hal) Giomi
President and Director; SEVP Marketing and Sales and Director, Nevada Security Bank: Joseph P. (Joe) Bourdeau
CFO; EVP and CFO, Nevada Security Bank: Jack B. Buchold

Competitors:
Bank of America
U.S. Bancorp

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