Call reports 2013
NUVO BANK AND TRUST — 2013
What NUVO BANK AND TRUST reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 117,440,000 | 123,892,000 | 133,137,000 | 135,186,000 |
| Total loans | 102,488,000 | 106,094,000 | 112,027,000 | 118,731,000 |
| Allowance for loan losses | 1,276,000 | 1,320,000 | 1,395,000 | 1,479,000 |
| Securities available for sale | 5,891,000 | 7,401,000 | 6,538,000 | 6,201,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 104,460,000 | 104,986,000 | 114,039,000 | 116,072,000 |
| Interest-bearing deposits | 90,781,000 | 92,552,000 | 98,946,000 | 102,272,000 |
| Noninterest-bearing deposits | 13,679,000 | 12,434,000 | 15,093,000 | 13,800,000 |
| Equity capital | 10,654,000 | 14,463,000 | 14,546,000 | 14,635,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,222,000 | 2,524,000 | 3,870,000 | 5,259,000 |
| Interest expense | 261,000 | 526,000 | 798,000 | 1,076,000 |
| Net interest income | 961,000 | 1,998,000 | 3,072,000 | 4,183,000 |
| Noninterest income | 63,000 | 139,000 | 196,000 | 288,000 |
| Noninterest expense | 873,000 | 1,774,000 | 2,662,000 | 3,614,000 |
| Provision for loan losses | 86,000 | 130,000 | 208,000 | 330,000 |
| Pretax income | 65,000 | 233,000 | 399,000 | 528,000 |
| Income tax | 26,000 | 93,000 | 159,000 | 236,000 |
| Net income | 2,122,000 | 2,203,000 | 2,293,000 | 2,374,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,854,000 | 12,457,000 | 12,588,000 | 12,732,000 |
| Total capital | 10,114,000 | 13,777,000 | 13,983,000 | 14,211,000 |
| Risk-weighted assets | 102,055,000 | 105,932,000 | 112,411,000 | 119,019,000 |