Meadows Bank reports growth in profits, loans, deposits

Meadows Bank grew its profits, loans and deposits last year, the bank reported this week.

The Las Vegas-based lender, led by CEO Arvind Menon, said it earned $11.9 million in net income in 2017, up 34 percent from the prior year.

It had $682 million in loans on its books at the end of 2017, up 18 percent from a year earlier, and $680 million in deposits, up 24 percent.

Contact Eli Segall at esegall@reviewjournal.com or 702-383-0342. Follow @eli_segall on Twitter.