Call reports 2009
NUVO BANK AND TRUST — 2009
What NUVO BANK AND TRUST reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 23,368,000 | 27,834,000 | 37,370,000 | 41,335,000 |
| Total loans | 12,969,000 | 17,312,000 | 25,036,000 | 31,619,000 |
| Allowance for loan losses | 148,000 | 261,000 | 336,000 | 646,000 |
| Securities available for sale | 1,009,000 | 1,018,000 | 1,008,000 | 1,954,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 14,619,000 | 19,551,000 | 29,595,000 | 34,267,000 |
| Interest-bearing deposits | 12,661,000 | 16,724,000 | 25,425,000 | 29,029,000 |
| Noninterest-bearing deposits | 1,958,000 | 2,827,000 | 4,169,000 | 5,237,000 |
| Equity capital | 8,563,000 | 7,965,000 | 7,450,000 | 6,824,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 141,000 | 415,000 | 733,000 | 1,159,000 |
| Interest expense | 81,000 | 178,000 | 310,000 | 460,000 |
| Net interest income | 60,000 | 237,000 | 423,000 | 699,000 |
| Noninterest income | 3,000 | 16,000 | 34,000 | 53,000 |
| Noninterest expense | 600,000 | 1,286,000 | 1,925,000 | 2,485,000 |
| Provision for loan losses | 90,000 | 203,000 | 278,000 | 588,000 |
| Pretax income | -627,000 | -1,236,000 | -1,746,000 | -2,321,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -627,000 | -1,236,000 | -1,746,000 | -2,321,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,563,000 | 7,954,000 | 7,445,000 | 6,870,000 |
| Total capital | 8,711,000 | 8,200,000 | 7,769,000 | 7,270,000 |
| Risk-weighted assets | 15,648,000 | 19,641,000 | 25,895,000 | 31,737,000 |