Las Vegas, NV, February 06, 2019 --(PR.com
)-- Meadows Bank
, headquartered in Las Vegas, NV, announced today that in 2018 the Bank’s After Tax Net Income grew 33% to $15.8 million, up from 11.9 million in 2017.
As of December 31, 2018, Total Assets of Meadows Bank grew by 9% from the prior year end to $858.7 million from $791.0 million.
The Bank’s loan portfolio grew by 10% or $70.8 million from $682.1 million to $752.9 million. In addition, Total Deposits grew from $680.0 million at year end 2017 to $745.8 million at year end 2018.
About Meadows Bank
Meadows Bank is a full service community bank committed to valued partnerships with our clients. Our relationship-based approach to banking focuses on making decisions locally, close to our clients. The bank offers a full suite of lending and deposit products and services. Meadows Bank was founded in 2008 in Las Vegas, Nevada and currently has branches in Las Vegas, NV; Henderson, NV; Reno, NV; Pahrump, NV and Phoenix, AZ. Loan production offices are located in Las Vegas, NV; Salt Lake City, UT; Phoenix, AZ; Los Angeles, CA; Sacramento, CA; Fort Collins, CO; Dallas, TX and Portland, OR. For more information on the bank and its products and services please visit our website at www.meadowsbank.bank.
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