Call reports 2023
NEW VALLEY BANK & TRUST — 2023
What NEW VALLEY BANK & TRUST 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 | 284,636,000 | 313,877,000 | 319,061,000 | 333,217,000 |
| Total loans | 207,307,000 | 214,474,000 | 224,360,000 | 231,520,000 |
| Allowance for loan losses | 2,692,000 | 2,373,000 | 2,882,000 | 2,820,000 |
| Securities available for sale | 34,931,000 | 27,409,000 | 27,269,000 | 28,658,000 |
| Securities held to maturity | 21,354,000 | 21,366,000 | 21,378,000 | 21,390,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 232,256,000 | 256,410,000 | 261,704,000 | 275,276,000 |
| Interest-bearing deposits | 207,640,000 | 231,467,000 | 237,366,000 | 250,068,000 |
| Noninterest-bearing deposits | 24,616,000 | 24,943,000 | 24,338,000 | 25,208,000 |
| Equity capital | 27,280,000 | 27,342,000 | 26,835,000 | 27,690,000 |
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 | 2,533,000 | 5,686,000 | 9,195,000 | 12,849,000 |
| Interest expense | 656,000 | 2,015,000 | 3,586,000 | 5,267,000 |
| Net interest income | 1,877,000 | 3,671,000 | 5,609,000 | 7,582,000 |
| Noninterest income | 122,000 | 234,000 | 414,000 | 565,000 |
| Noninterest expense | 1,964,000 | 3,947,000 | 6,027,000 | 7,940,000 |
| Provision for loan losses | -20,000 | -339,000 | -67,000 | 60,000 |
| Pretax income | 55,000 | 297,000 | 63,000 | 147,000 |
| Income tax | 52,000 | 52,000 | 53,000 | 53,000 |
| Net income | 3,000 | 245,000 | 10,000 | 94,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,375,000 | 30,603,000 | 30,389,000 | 30,510,000 |
| Total capital | 33,067,000 | 32,976,000 | 33,271,000 | 33,330,000 |
| Risk-weighted assets | 247,719,000 | 248,951,000 | 259,250,000 | 273,815,000 |