Call reports 2019
NEW VALLEY BANK & TRUST — 2019
What NEW VALLEY BANK & TRUST reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|
| Total assets | 34,183,000 | 45,395,000 | 63,358,000 |
| Total loans | 7,309,000 | 15,322,000 | 28,961,000 |
| Allowance for loan losses | 91,000 | 191,000 | 361,000 |
| Securities available for sale | 3,620,000 | 8,143,000 | 12,564,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 12,456,000 | 23,995,000 | 42,969,000 |
| Interest-bearing deposits | 12,285,000 | 23,806,000 | 41,322,000 |
| Noninterest-bearing deposits | 171,000 | 189,000 | 1,647,000 |
| Equity capital | 21,439,000 | 20,888,000 | 20,152,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|
| Interest income | 63,000 | 347,000 | 741,000 |
| Interest expense | 13,000 | 118,000 | 286,000 |
| Net interest income | 50,000 | 229,000 | 455,000 |
| Noninterest income | 0 | 1,000 | 16,000 |
| Noninterest expense | 2,050,000 | 2,707,000 | 3,462,000 |
| Provision for loan losses | 91,000 | 191,000 | 361,000 |
| Pretax income | -2,091,000 | -2,668,000 | -3,352,000 |
| Income tax | 0 | 0 | 0 |
| Net income | -2,091,000 | -2,668,000 | -3,352,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|
| Tier 1 capital | 21,432,000 | 20,866,000 | 20,193,000 |
| Total capital | 21,523,000 | 21,057,000 | 20,554,000 |
| Risk-weighted assets | 16,771,000 | 27,810,000 | 40,956,000 |