Nevada State Bank, a subsidiary of Zions Bancorp, reported net earnings of $4.5 million in the fourth quarter, which helped the Las Vegas-based bank post 2012 earnings of $21.8 million.
A study released Monday by The Private Bank of Nevada State Bank finds that the average income of high-net-worth households – those making $200,000 or more a year – in Nevada declined to $707,837 in 2010 compared with $840,235 in 2006.
The Silver State Opportunities Fund LLC announced Monday its first in-state private equity investment, a
$2 million venture with Miller Heiman Inc., a 30-year-old sales consultant and training firm in Reno. The company employs 35 people in Northern Nevada.
Silver State Schools Credit Union posted a $670,000 loss last year, a dramatic turnaround given the Las Vegas-based credit union reported a net loss of $8.39 million in 2011.