BANKING ON YOU
365 DAYS & COUNTING
YEAR ONE BY THE NUMBERS
825
ACCOUNTS
619 Business and 206 Personal
$114
MILLION
574 Small Business Administration Paycheck Protection Program Loans
1,300+
HOURS
Volunteered to Non-Profit Boards and Community Events
$248.5
MILLION
Total Bank Assets
Our first year followed Las Vegas during its many ups and downs. From helping fund new projects to empowering non-profits to keeping struggling businesses afloat, we were here for the highs and the lows. Yet, one thing remained constant—our commitment to community, small businesses and neighbors.
With private banking services and a culture of caring that’s unrivaled, we strive to make your life easier and your business stronger. Together we have and will continue to accomplish great things.
Thank you for being a part of our inaugural history by serving as a client, partner and supportive neighbor.
COME CELEBRATE WITH US!
Monday, Aug. 10th - Saturday, Aug. 15th,
M-F 9AM - 5PM, S 10AM – 2PM (new hours!)
Please join us the week of August 10th for an open house to officially commemorate our 1-Year Anniversary. At this time, we’d like to say a special “thanks” to our customers for their business and loyalty. Enjoy light refreshments, individually-wrapped snacks and a small token of our appreciation, and meet our team of incredible bankers committed to you.
Masks are required for all guests inside the bank.
Tivoli Village, 330 S. Rampart Blvd., Suite 150, Las Vegas, NV 89145
Lexicon Bank was envisioned and created by experienced members of the Vegas banking community. Their vision was to be the approachable, private banker for small businesses in Southern Nevada no matter the size. As a local community bank, Lexicon was positioned to be more agile and flexible than other financial institutions to meet the unique needs of Nevadans, and provide personalized solutions for small businesses, entrepreneurs and non-profits alike.
Today, Lexicon Bank is delivering on that vision as one of Southern Nevada’s first newly chartered banks in over a decade. In the wake of COVID-19, Lexicon Bank played a critical role in the community by helping over 574 small businesses, including restaurants, non-profits, gaming operators and even sole proprietors, stay open and apply for the SBA’s Paycheck Protection Program. Lexicon Bank has delivered personalized banking solutions around-the-clock, in-person, and online to meet the financial needs of clients now and in the future.
Year One Banking Milestones — As of June 30, 2020*
Assets totaled $248.504 million, an increase of $189.963 million
Total loans grew to $148.844 million, an increase of $112.136 million
Total deposits rose to $119.143 million, an increase of $78.606 million
Net interest income before provision for the first half of the year totalled 1,092,071
Capital ratios remain robust, as of June 30, 2020, with a Tier 1 Leverage ratio of 12.83%
We are thankful for our first year in Las Vegas and look forward to year two, year ten and beyond!
* Bank comparison is from the Bank’s opening on August 12, 2020.
** Anniversary number milestones are as of June 30, 2020. The time period for for PPP loans is March 2020 to June 2020 and volunteer hours is August 2019 to July 2020.
About Us
With Lexicon Bank, you’ll experience private banking service no matter the size of your business or professional title attached. Other banks prioritize larger corporations or high net worth and that’s never the case with us. We are invested in our community’s prosperity; therefore, we’re invested in you.
Share Your Story
Are you a current banking client? We’d love to hear your story of banking with us! Share your experience with us online to help us grow our impact in the community.