Call reports 2015
NUVO BANK AND TRUST — 2015
What NUVO BANK AND TRUST reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 |
|---|---|---|---|
| Total assets | 157,954,000 | 162,404,000 | 162,170,000 |
| Total loans | 142,329,000 | 147,528,000 | 147,572,000 |
| Allowance for loan losses | 1,773,000 | 1,962,000 | 2,038,000 |
| Securities available for sale | 0 | 0 | 0 |
| Securities held to maturity | 5,074,000 | 4,691,000 | 4,397,000 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 138,125,000 | 142,624,000 | 142,230,000 |
| Interest-bearing deposits | 122,404,000 | 123,533,000 | 123,811,000 |
| Noninterest-bearing deposits | 15,721,000 | 19,091,000 | 18,419,000 |
| Equity capital | 15,329,000 | 15,254,000 | 15,381,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 |
|---|---|---|---|
| Interest income | 1,592,000 | 3,233,000 | 4,912,000 |
| Interest expense | 300,000 | 611,000 | 930,000 |
| Net interest income | 1,292,000 | 2,622,000 | 3,982,000 |
| Noninterest income | 90,000 | 203,000 | 318,000 |
| Noninterest expense | 1,163,000 | 2,452,000 | 3,599,000 |
| Provision for loan losses | 45,000 | 235,000 | 329,000 |
| Pretax income | 174,000 | 138,000 | 372,000 |
| Income tax | 65,000 | 136,000 | 275,000 |
| Net income | 109,000 | 2,000 | 97,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 |
|---|---|---|---|
| Tier 1 capital | 13,318,000 | 13,842,000 | 14,641,000 |
| Total capital | 15,006,000 | 15,580,000 | 16,393,000 |
| Risk-weighted assets | 133,718,000 | 137,629,000 | 139,439,000 |