Call reports 2021
NEW VALLEY BANK & TRUST — 2021
What NEW VALLEY BANK & TRUST reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 252,421,000 | 264,347,000 | 242,005,000 | 254,299,000 |
| Total loans | 200,860,000 | 183,951,000 | 167,009,000 | 166,430,000 |
| Allowance for loan losses | 1,466,000 | 1,732,000 | 2,210,000 | 2,390,000 |
| Securities available for sale | 22,938,000 | 28,966,000 | 31,754,000 | 39,279,000 |
| Securities held to maturity | 0 | 1,000,000 | 1,500,000 | 5,500,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 177,990,000 | 215,929,000 | 220,215,000 | 225,619,000 |
| Interest-bearing deposits | 155,912,000 | 191,591,000 | 195,112,000 | 201,068,000 |
| Noninterest-bearing deposits | 22,078,000 | 24,338,000 | 25,103,000 | 24,551,000 |
| Equity capital | 20,896,000 | 21,357,000 | 21,343,000 | 28,392,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 2,226,000 | 4,470,000 | 6,805,000 | 8,833,000 |
| Interest expense | 310,000 | 612,000 | 820,000 | 990,000 |
| Net interest income | 1,916,000 | 3,858,000 | 5,985,000 | 7,843,000 |
| Noninterest income | 52,000 | 110,000 | 190,000 | 317,000 |
| Noninterest expense | 1,043,000 | 2,318,000 | 3,654,000 | 5,005,000 |
| Provision for loan losses | 141,000 | 407,000 | 885,000 | 1,065,000 |
| Pretax income | 784,000 | 1,361,000 | 1,769,000 | 2,223,000 |
| Income tax | 6,000 | 176,000 | 326,000 | 426,000 |
| Net income | 778,000 | 1,185,000 | 1,443,000 | 1,797,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,735,000 | 21,160,000 | 21,432,000 | 28,496,000 |
| Total capital | 22,201,000 | 22,812,000 | 23,286,000 | 30,624,000 |
| Risk-weighted assets | 125,565,000 | 132,135,000 | 148,028,000 | 170,034,000 |