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David Scott Joins Meadows Bank as Regional President in Arizona


David Scott Joins Meadows Bank as Regional President in Arizona
Las Vegas, NV, May 19, 2021 (PR.com) Meadows Bank announced today that David Scott has joined Meadows Bank as the Regional President in Arizona. David brings 18 years of commercial banking experience to his role overseeing the expansion of Meadows Bank’s commercial banking operations in the state.
“David’s strong collaboration, communication and community service, along with his successful track record of growing market share will be a tremendous asset to Meadows Bank,” said Arvind Menon, president and chief executive officer of Meadows Bank. “We look forward to David leading our Arizona team to help our customers grow and thrive.” ....

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Meadows Bank Reports Q1 2021 Financials and Shareholder Dividend


Meadows Bank Reports Q1 2021 Financials and Shareholder Dividend
Meadows Bank, headquartered in Las Vegas, NV, announced today that it not only posted After Tax Net Income of $5,824,534 in the first three months of 2021 which was 56.5% higher than the $3,721,686 earned during the same period in 2020, but that it also recently paid a shareholder dividend.
Las Vegas, NV, May 06, 2021 (PR.com) Meadows Bank, headquartered in Las Vegas, NV, announced today that it posted After Tax Net Income of $5,824,534 in the first three months of 2021 which was 56.5% higher than the $3,721,686 earned during the same period in 2020. This increase in After Tax Net Income was a result of a substantial decrease in interest expense, as well as lower loan loss provision expense as local economic conditions improved during the first quarter of 2021. ....

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Meadows Bank Total Loans Increase 24.4% and Deposits Increase 20.8%


Meadows Bank Total Loans Increase 24.4% and Deposits Increase 20.8%
Las Vegas, NV, February 09, 2021 (PR.com) Meadows Bank, headquartered in Las Vegas, NV, today released its year-end 12/31/2020 unaudited financials. The most notable numbers for the period were Total Loans and Total Deposits.
Total Loans as of December 31, 2020 were $1.0 billion, a 24.4% growth or $196.7 million over loans outstanding at December 31, 2019. Total Deposits grew by $174.2 million from December 31, 2019 to $1.0 billion at December 31, 2020.
“2020 was certainly a different and difficult year for many of our business customers. We are pleased that we were able to help many of our business clients with PPP loans and other means of assistance throughout the pandemic,” said Arvind Menon, president & CEO of Meadows Bank. He added, “We continue to put our clients first and are working with many of them on the second round of PPP loans. We know our clients, we know that it is not just a ....

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