Call reports 2011
NUVO BANK AND TRUST — 2011
What NUVO BANK AND TRUST reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 70,928,000 | 75,313,000 | 80,007,000 | 87,807,000 |
| Total loans | 61,545,000 | 66,398,000 | 68,873,000 | 76,127,000 |
| Allowance for loan losses | 737,000 | 824,000 | 891,000 | 955,000 |
| Securities available for sale | 3,668,000 | 3,775,000 | 3,777,000 | 3,794,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 63,444,000 | 65,649,000 | 70,171,000 | 77,628,000 |
| Interest-bearing deposits | 57,027,000 | 56,572,000 | 60,685,000 | 64,713,000 |
| Noninterest-bearing deposits | 6,417,000 | 9,077,000 | 9,486,000 | 12,915,000 |
| Equity capital | 7,160,000 | 7,331,000 | 7,446,000 | 7,796,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 776,000 | 1,621,000 | 2,527,000 | 3,503,000 |
| Interest expense | 196,000 | 401,000 | 607,000 | 820,000 |
| Net interest income | 580,000 | 1,220,000 | 1,920,000 | 2,683,000 |
| Noninterest income | 29,000 | 74,000 | 140,000 | 218,000 |
| Noninterest expense | 623,000 | 1,171,000 | 1,788,000 | 2,427,000 |
| Provision for loan losses | 82,000 | 169,000 | 236,000 | 300,000 |
| Pretax income | -96,000 | -46,000 | 59,000 | 197,000 |
| Income tax | 0 | 0 | 15,000 | -196,000 |
| Net income | -96,000 | -46,000 | 44,000 | 393,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,279,000 | 7,328,000 | 7,419,000 | 7,767,000 |
| Total capital | 7,975,000 | 8,059,000 | 8,190,000 | 8,604,000 |
| Risk-weighted assets | 55,648,000 | 58,489,000 | 60,935,000 | 66,942,000 |