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Meadows Bank

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

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