Call reports 2012
NUVO BANK AND TRUST — 2012
What NUVO BANK AND TRUST reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 96,788,000 | 100,602,000 | 104,636,000 | 110,863,000 |
| Total loans | 78,922,000 | 87,438,000 | 89,301,000 | 97,114,000 |
| Allowance for loan losses | 977,000 | 1,084,000 | 1,136,000 | 1,206,000 |
| Securities available for sale | 5,675,000 | 5,620,000 | 5,349,000 | 4,457,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,076,000 | 90,119,000 | 93,896,000 | 99,925,000 |
| Interest-bearing deposits | 74,318,000 | 79,252,000 | 81,658,000 | 84,897,000 |
| Noninterest-bearing deposits | 10,758,000 | 10,867,000 | 12,239,000 | 15,028,000 |
| Equity capital | 7,872,000 | 8,120,000 | 8,351,000 | 8,514,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,038,000 | 2,224,000 | 3,367,000 | 4,529,000 |
| Interest expense | 234,000 | 503,000 | 764,000 | 1,026,000 |
| Net interest income | 804,000 | 1,721,000 | 2,603,000 | 3,503,000 |
| Noninterest income | 51,000 | 126,000 | 192,000 | 277,000 |
| Noninterest expense | 761,000 | 1,473,000 | 2,215,000 | 3,006,000 |
| Provision for loan losses | 22,000 | 134,000 | 186,000 | 268,000 |
| Pretax income | 91,000 | 259,000 | 413,000 | 525,000 |
| Income tax | -7,000 | -48,000 | -101,000 | -123,000 |
| Net income | 98,000 | 307,000 | 514,000 | 648,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,866,000 | 8,074,000 | 8,308,000 | 8,467,000 |
| Total capital | 8,814,000 | 9,128,000 | 9,408,000 | 9,661,000 |
| Risk-weighted assets | 75,087,000 | 83,654,000 | 87,220,000 | 94,714,000 |