Call reports 2024
NAVE BANK — 2024
What NAVE BANK 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 | 166,348,000 | 186,502,000 | 191,077,000 | 252,788,000 |
| Total loans | 26,149,000 | 31,010,000 | 44,233,000 | 50,156,000 |
| Allowance for loan losses | 166,000 | 167,000 | 450,000 | 565,000 |
| Securities available for sale | 93,000 | 89,000 | 24,645,000 | 33,922,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 79,243,000 | 102,079,000 | 108,518,000 | 172,469,000 |
| Interest-bearing deposits | 79,208,000 | 102,063,000 | 106,254,000 | 167,072,000 |
| Noninterest-bearing deposits | 35,000 | 16,000 | 2,264,000 | 5,397,000 |
| Equity capital | 85,279,000 | 82,762,000 | 80,874,000 | 78,088,000 |
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 | 1,486,000 | 4,274,000 | 7,203,000 | 10,439,000 |
| Interest expense | 163,000 | 1,104,000 | 2,454,000 | 3,889,000 |
| Net interest income | 1,323,000 | 3,170,000 | 4,749,000 | 6,550,000 |
| Noninterest income | 0 | 0 | 0 | 2,000 |
| Noninterest expense | 4,224,000 | 8,729,000 | 12,255,000 | 16,438,000 |
| Provision for loan losses | 53,000 | 54,000 | 337,000 | 452,000 |
| Pretax income | -2,960,000 | -5,619,000 | -7,848,000 | -10,358,000 |
| Income tax | 0 | 1,000 | 1,000 | 1,000 |
| Net income | -2,960,000 | -5,620,000 | -7,849,000 | -10,359,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 85,279,000 | 82,763,000 | 80,750,000 | 78,456,000 |
| Total capital | 85,458,000 | 82,943,000 | 81,212,000 | 79,048,000 |
| Risk-weighted assets | 30,724,000 | 35,341,000 | 54,051,000 | 65,689,000 |