Meadows Bank Reports 12% Total Loan Growth

Las Vegas, NV, May 13, 2019 --(PR.com)-- Meadows Bank, headquartered in Las Vegas, NV, announced today that it posted After Tax Net Income of $3,964,000 in the first three months of 2019 which was 6% higher than the $3,737,000 it earned during the same period in 2018.

At March 31, 2019, the bank had Total Loans of $782 million which represented a 12% growth on the $698 million Total Loans outstanding on March 31, 2018 and Total Deposits grew by $139 million from March 31, 2018 to $809 million at March 31, 2019. In addition, as of March 31, 2019, Total Assets grew to $916 million and Total Equity Capital grew to $103 million.