Call reports 2024
NVE BANK — 2024
What NVE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 682,643,000 | 688,234,000 | 684,974,000 | 649,330,000 |
| Total loans | 382,182,000 | 384,794,000 | 377,329,000 | 367,473,000 |
| Allowance for loan losses | 1,860,000 | 1,830,000 | 1,765,000 | 1,705,000 |
| Securities available for sale | 97,639,000 | 91,695,000 | 83,882,000 | 71,909,000 |
| Securities held to maturity | 97,854,000 | 94,733,000 | 89,773,000 | 86,371,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 457,125,000 | 461,356,000 | 450,097,000 | 414,670,000 |
| Interest-bearing deposits | 340,204,000 | 350,678,000 | 336,298,000 | 305,008,000 |
| Noninterest-bearing deposits | 116,921,000 | 110,678,000 | 113,799,000 | 109,662,000 |
| Equity capital | 121,812,000 | 122,953,000 | 126,253,000 | 126,250,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 6,411,000 | 13,198,000 | 20,450,000 | 27,199,000 |
| Interest expense | 2,290,000 | 4,856,000 | 7,592,000 | 9,933,000 |
| Net interest income | 4,121,000 | 8,342,000 | 12,858,000 | 17,266,000 |
| Noninterest income | 370,000 | 831,000 | 1,281,000 | 1,652,000 |
| Noninterest expense | 3,480,000 | 6,871,000 | 9,951,000 | 13,071,000 |
| Provision for loan losses | -50,000 | -75,000 | -140,000 | -200,000 |
| Pretax income | 1,061,000 | 2,393,000 | 4,344,000 | 6,071,000 |
| Income tax | 246,000 | 570,000 | 1,156,000 | 1,620,000 |
| Net income | 815,000 | 1,823,000 | 3,188,000 | 4,451,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 129,046,000 | 130,055,000 | 131,420,000 | 132,683,000 |
| Total capital | 130,940,000 | 131,907,000 | 133,207,000 | 134,402,000 |
| Risk-weighted assets | 376,416,000 | 371,683,000 | 363,757,000 | 353,511,000 |