Call reports 2022
NEW VALLEY BANK & TRUST — 2022
What NEW VALLEY BANK & TRUST reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 307,611,000 | 279,848,000 | 264,300,000 | 271,656,000 |
| Total loans | 164,143,000 | 178,048,000 | 182,139,000 | 196,177,000 |
| Allowance for loan losses | 2,128,000 | 2,349,000 | 2,258,000 | 2,445,000 |
| Securities available for sale | 62,211,000 | 64,347,000 | 36,534,000 | 31,972,000 |
| Securities held to maturity | 5,500,000 | 5,500,000 | 21,327,000 | 21,341,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 280,585,000 | 254,293,000 | 239,078,000 | 236,351,000 |
| Interest-bearing deposits | 249,465,000 | 227,916,000 | 213,353,000 | 213,258,000 |
| Noninterest-bearing deposits | 31,120,000 | 26,377,000 | 25,725,000 | 23,093,000 |
| Equity capital | 26,576,000 | 24,878,000 | 24,516,000 | 26,918,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 1,979,000 | 3,981,000 | 6,277,000 | 8,813,000 |
| Interest expense | 191,000 | 406,000 | 604,000 | 873,000 |
| Net interest income | 1,788,000 | 3,575,000 | 5,673,000 | 7,940,000 |
| Noninterest income | 86,000 | 204,000 | 324,000 | 449,000 |
| Noninterest expense | 1,555,000 | 3,195,000 | 4,986,000 | 6,693,000 |
| Provision for loan losses | 111,000 | 332,000 | 595,000 | 835,000 |
| Pretax income | 208,000 | 252,000 | 415,000 | 841,000 |
| Income tax | 70,000 | 152,000 | 168,000 | -625,000 |
| Net income | 138,000 | 100,000 | 247,000 | 1,466,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,161,000 | 29,144,000 | 29,313,000 | 30,554,000 |
| Total capital | 31,289,000 | 31,493,000 | 31,571,000 | 32,999,000 |
| Risk-weighted assets | 192,605,000 | 210,201,000 | 215,042,000 | 235,794,000 |