Capitol Bancorp Limited
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2004 Annual Report > Southwest > Bank of Las Vegas
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The Best Is Yet To Come
“The bank’s performance to date has been outstanding and the future is very bright. We are located in the hottest market in Nevada and we foresee phenomenal growth in the coming years. Hundreds of small businesses are moving into the area. The bank’s professional staff is well-equipped to capture that market.”

- Leo Durant, Bank Director
At Bank of Las Vegas, we are most proud of the bank’s deposit and loan growth in 2004. Asset quality remained strong for the year and we posted respectable earnings. We have strengthened our staff with the addition of key employees in commercial and residential lending.

In the coming year, we are poised for strong earnings. We have fortified our loan pipeline and increased our leads for deposit growth.

Through consistently thoughtful customer service, we anticipate more business referrals from our existing customer base. Our customers are very confident in doing business with us and are referring their friends and associates our way.

Business growth is occurring in the area around our bank, which is adding to the bank’s name recognition and awareness levels. The bank is financing several large construction projects, which further enhances the bank’s branding.

In 2005, our officers plan to expand involvement in community and nonprofit organizations. We are financing economic development and we want to be an increasing part of the social fabric of our community as well.

Solid, quality growth has been, and will continue to be, our mantra in 2005.

From the beginning, our goal was to be a financially sound and profitable bank. We feel we continue to accomplish that goal. Yet, we all know, the best is yet to come.

Vincent J. Ciminise
President


Bank of Las Vegas
6001 S. Decatur Boulevard Suite P
Las Vegas, NV 89118
702-939-2400

www.bankoflasvegas.com

Founded: February 11, 2002


Board of Directors
Ernest A. Becker V
President
Becker V Development

Vincent J. Ciminise
President
Bank of Las Vegas

Darlene Copsey
Secretary & Treasurer
The Alpha Group Ltd.

Michael J. Devine
Attorney at Law
Leo N. Durant
Owner
LND Construction

Scott R. Gragson
Managing Partner
GKT Acquisitions

Donald K. Hamrick
Owner & Vice President
Accent Auto Body

Darryl J. Hardy
Vice President
Hardy Painting & Drywall
Alan R. Houldsworth
Partner Houldsworth & Company, CPAs

Charles L. Lasky
President
Lasky, Fifarek & Hogan, P.C.

Joseph D. Reid III
Corporate Counsel
Capitol Bancorp Limited

Philip T. Saunders
Retired Executive
General Motors Corporation
Herman A. Vander Veldt
Vice President & General Manager
Realty Mortgage Corporation
Officers
Charles L. Lasky
Chairman and Secretary

Michael J. Devine
Vice Chairman

Vincent J. Ciminise
President

Roger S. Mellies
Executive Vice President & CCO
Carol A. Clemens
Senior Vice President

Paul J. Dreschler
Senior Vice President

William C. Russell
Senior Vice President

Debbie V. Clark
Vice President

Jerry R. Morgan
Vice President
© Copyright 2005 Capitol Bancorp Limited