[rabscuttle385]

Nope, First Heritage Bank, N.A. and First National Bank of Nevada (Arizona?) appear to be two separate and distinct chartered banks under a single holding company, First National Bank Holding Company.

I peeked at their annual report too. The ratio of equity to assets for the holding company was just over 5 percent, which is dangerously low. Probably, the holding company got walloped by losses (look at the listing of bank-owned properties on one of their sites) and the OCC swooped in to shut the whole thing down. Per FDIC reports, deposits were transferred to Mutual of Omaha Bank, but loans were retained by the FDIC while they sort through the rubble.

[Drago]

OK...thanks for the info., and my apologies to Reuters! ;-)