Call reports 2020
NVE BANK — 2020
What NVE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 677,639,000 | 720,511,000 | 709,912,000 | 712,414,000 |
| Total loans | 464,465,000 | 465,376,000 | 444,192,000 | 435,229,000 |
| Allowance for loan losses | 1,769,000 | 1,767,000 | 1,767,000 | 1,767,000 |
| Securities available for sale | 23,255,000 | 31,204,000 | 38,213,000 | 49,415,000 |
| Securities held to maturity | 57,241,000 | 61,108,000 | 60,800,000 | 50,650,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 477,293,000 | 503,685,000 | 489,405,000 | 502,308,000 |
| Interest-bearing deposits | 357,131,000 | 367,897,000 | 361,216,000 | 368,511,000 |
| Noninterest-bearing deposits | 120,162,000 | 135,788,000 | 128,189,000 | 133,797,000 |
| Equity capital | 111,442,000 | 112,699,000 | 113,644,000 | 114,835,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 5,789,000 | 11,314,000 | 16,832,000 | 21,909,000 |
| Interest expense | 1,279,000 | 2,409,000 | 3,443,000 | 4,349,000 |
| Net interest income | 4,510,000 | 8,905,000 | 13,389,000 | 17,560,000 |
| Noninterest income | 609,000 | 1,381,000 | 1,756,000 | 2,172,000 |
| Noninterest expense | 3,502,000 | 6,909,000 | 10,405,000 | 13,785,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,617,000 | 3,377,000 | 4,740,000 | 5,947,000 |
| Income tax | 368,000 | 733,000 | 1,103,000 | 1,437,000 |
| Net income | 1,249,000 | 2,644,000 | 3,637,000 | 4,510,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 110,618,000 | 112,013,000 | 113,007,000 | 113,879,000 |
| Total capital | 112,387,000 | 113,780,000 | 114,774,000 | 115,646,000 |
| Risk-weighted assets | 400,917,000 | 397,683,000 | 389,957,000 | 389,977,000 |