Call reports 2023
NVE BANK — 2023
What NVE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 698,943,000 | 689,867,000 | 679,932,000 | 665,852,000 |
| Total loans | 399,683,000 | 389,581,000 | 394,177,000 | 389,094,000 |
| Allowance for loan losses | 2,382,000 | 2,312,000 | 2,312,000 | 1,910,000 |
| Securities available for sale | 115,356,000 | 108,847,000 | 104,946,000 | 105,660,000 |
| Securities held to maturity | 126,411,000 | 125,025,000 | 122,527,000 | 105,074,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 474,698,000 | 466,387,000 | 442,007,000 | 440,344,000 |
| Interest-bearing deposits | 337,351,000 | 338,732,000 | 315,884,000 | 322,538,000 |
| Noninterest-bearing deposits | 137,347,000 | 127,655,000 | 126,123,000 | 117,806,000 |
| Equity capital | 116,454,000 | 117,185,000 | 117,394,000 | 121,182,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 5,887,000 | 11,948,000 | 18,316,000 | 24,594,000 |
| Interest expense | 1,216,000 | 2,769,000 | 4,503,000 | 6,441,000 |
| Net interest income | 4,671,000 | 9,179,000 | 13,813,000 | 18,153,000 |
| Noninterest income | 348,000 | 684,000 | 1,153,000 | 1,622,000 |
| Noninterest expense | 3,121,000 | 6,302,000 | 9,528,000 | 12,666,000 |
| Provision for loan losses | 0 | -63,000 | -63,000 | -467,000 |
| Pretax income | 1,886,000 | 3,612,000 | 5,489,000 | 7,564,000 |
| Income tax | 247,000 | 705,000 | 1,210,000 | 1,834,000 |
| Net income | 1,639,000 | 2,907,000 | 4,279,000 | 5,730,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 124,149,000 | 125,417,000 | 126,789,000 | 128,231,000 |
| Total capital | 126,593,000 | 127,776,000 | 129,148,000 | 130,179,000 |
| Risk-weighted assets | 390,898,000 | 390,826,000 | 392,310,000 | 383,698,000 |