Call reports 2008
NVE BANK — 2008
What NVE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 561,062,000 | 563,611,000 | 576,140,000 | 590,239,000 |
| Total loans | 248,586,000 | 255,737,000 | 266,505,000 | 275,264,000 |
| Allowance for loan losses | 2,700,000 | 2,299,000 | 2,321,000 | 2,708,000 |
| Securities available for sale | 91,732,000 | 82,272,000 | 85,842,000 | 83,460,000 |
| Securities held to maturity | 153,191,000 | 160,354,000 | 161,042,000 | 153,517,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 432,486,000 | 425,437,000 | 421,901,000 | 435,299,000 |
| Interest-bearing deposits | 371,233,000 | 366,785,000 | 360,043,000 | 373,801,000 |
| Noninterest-bearing deposits | 61,253,000 | 58,652,000 | 61,858,000 | 61,498,000 |
| Equity capital | 77,806,000 | 77,078,000 | 77,299,000 | 78,571,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 6,886,000 | 13,764,000 | 20,847,000 | 27,909,000 |
| Interest expense | 3,068,000 | 5,992,000 | 8,890,000 | 11,920,000 |
| Net interest income | 3,818,000 | 7,772,000 | 11,957,000 | 15,989,000 |
| Noninterest income | 515,000 | 1,001,000 | 1,481,000 | 1,967,000 |
| Noninterest expense | 3,754,000 | 7,540,000 | 11,523,000 | 15,667,000 |
| Provision for loan losses | 0 | 0 | 22,000 | 410,000 |
| Pretax income | 579,000 | 1,233,000 | 1,893,000 | 1,879,000 |
| Income tax | 161,000 | 346,000 | 534,000 | 469,000 |
| Net income | 418,000 | 887,000 | 1,359,000 | 1,410,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 75,711,000 | 76,181,000 | 76,652,000 | 76,691,000 |
| Total capital | 78,945,000 | 78,818,000 | 78,989,000 | 79,399,000 |
| Risk-weighted assets | 274,115,000 | 280,453,000 | 291,237,000 | 299,405,000 |