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  • Meadows Bank Income Surges 34% in 2017

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    Meadows Bank headquartered in Las Vegas, Nevada announced its 2017 operating results including the following highlights: • 2017 full year Net Income grew 34% to $11.9 million versus $8.9 million in 2016 • Loan portfolio grew 18% or $107 million to $682.1 million at 12/31/17 from $574.9 million at prior year end • Deposits grew from $547.6 million at 12/31/16 to $680.0 million at 2017 year end • Total

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    Meadows Bank headquartered in Las Vegas, Nevada announced its 2017 operating results including the following highlights: • 2017 full year Net Income grew 34% to $11.9 million versus $8.9 million in 2016 • Loan portfolio grew 18% or $107 million to $682.1 million at 12/31/17 from $574.9 million at prior year end • Deposits grew from $547.6 million at 12/31/16 to $680.0 million at 2017 year end • Total

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    18 views2 pages

    Meadows Bank Income Surges 34% in 2017

    Uploaded by

    PR.com
    Meadows Bank headquartered in Las Vegas, Nevada announced its 2017 operating results including the following highlights: • 2017 full year Net Income grew 34% to $11.9 million versus $8.9 million in 2016 • Loan portfolio grew 18% or $107 million to $682.1 million at 12/31/17 from $574.9 million at prior year end • Deposits grew from $547.6 million at 12/31/16 to $680.0 million at 2017 year end • Total

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    Meadows Bank Income Surges 34% in 2017

    Las Vegas, NV, February 09, 2018 --(PR.com)-- Meadows Bank headquartered in Las Vegas, Nevada
    announced its 2017 operating results including the following highlights:

    - 2017 full year Net Income grew 34% to $11.9 million versus $8.9 million in 2016
    - Loan portfolio grew 18% or $107 million to $682.1 million at 12/31/17 from $574.9 million at prior
    year end
    - Deposits grew from $547.6 million at 12/31/16 to $680.0 million at 2017 year end
    - Total assets at 12/31/17 of 791.0 million representing a 20% growth in 2017

    “2017 saw a continuation of strong growth in Nevada and Arizona for conventional lending as well as in
    our SBA lending programs,” said Meadows Bank Chairman William Bullard.

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    Contact Information:
    Meadows Bank
    Arvind Menon
    702-471-2265
    Contact via Email
    meadowsbank.bank

    Online Version of Press Release:


    You can read the online version of this press release at: https://www.pr.com/press-release/744199

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