Call reports 2024
NEW VALLEY BANK & TRUST — 2024
What NEW VALLEY BANK & TRUST 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 | 336,722,000 | 341,312,000 | 345,443,000 | 325,118,000 |
| Total loans | 240,948,000 | 240,653,000 | 252,728,000 | 254,551,000 |
| Allowance for loan losses | 3,998,000 | 3,978,000 | 5,176,000 | 5,120,000 |
| Securities available for sale | 25,770,000 | 28,147,000 | 27,794,000 | 29,317,000 |
| Securities held to maturity | 21,402,000 | 21,412,000 | 21,423,000 | 21,432,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 280,161,000 | 287,901,000 | 292,179,000 | 271,814,000 |
| Interest-bearing deposits | 257,160,000 | 264,978,000 | 268,764,000 | 248,128,000 |
| Noninterest-bearing deposits | 23,001,000 | 22,923,000 | 23,415,000 | 23,686,000 |
| Equity capital | 26,433,000 | 26,464,000 | 26,077,000 | 26,480,000 |
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 | 3,770,000 | 7,724,000 | 11,785,000 | 15,766,000 |
| Interest expense | 1,825,000 | 3,700,000 | 5,571,000 | 7,447,000 |
| Net interest income | 1,945,000 | 4,024,000 | 6,214,000 | 8,319,000 |
| Noninterest income | 143,000 | 344,000 | 502,000 | 645,000 |
| Noninterest expense | 2,116,000 | 4,247,000 | 6,268,000 | 8,523,000 |
| Provision for loan losses | 1,176,000 | 1,294,000 | 2,502,000 | 2,589,000 |
| Pretax income | -1,204,000 | -1,173,000 | -2,054,000 | -2,148,000 |
| Income tax | 16,000 | 123,000 | 185,000 | -605,000 |
| Net income | -1,220,000 | -1,296,000 | -2,239,000 | -1,543,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,314,000 | 29,258,000 | 28,335,000 | 29,051,000 |
| Total capital | 32,777,000 | 32,557,000 | 31,906,000 | 32,499,000 |
| Risk-weighted assets | 276,507,000 | 263,261,000 | 284,114,000 | 274,217,000 |