Nova Bank, Income and Expense
2025-06-30 (YTD Data) | Rank | |
Total interest income | $2,582,000 | 3,704 |
Total interest expense | $1,100,000 | 3,330 |
Net interest income | $1,482,000 | 3,860 |
Provision for loan and lease losses | $220,000 | 1,571 |
Total noninterest income | $41,000 | 4,173 |
Gross Fiduciary activities income | $0 | 937 |
Service charges on deposit accounts | $1,000 | 4,201 |
Trading account gains and fees | NA | NA |
Additional Noninterest Income | $40,000 | 3,926 |
Total noninterest expense | $1,834,000 | 3,427 |
Salaries and employee benefits | $1,159,000 | 3,262 |
Premises and equipment expense | $107,000 | 3,798 |
Additional noninterest expense | $40,000 | 3,955 |
Pre-tax net operating income | $-531,000 | 4,331 |
Securities gains (losses) | $0 | 804 |
Applicable income taxes | $0 | 3,247 |
Income before extraordinary items | $-531,000 | 4,272 |
Extraordinary gains, net | $0 | 20 |
Net income | $-531,000 | 4,316 |
Minority interest net income | $0 | 69 |
Net income of bank and minority interests. | $-531,000 | 4,316 |
Net charge-offs | $0 | 2,761 |
Cash dividends | $0 | 2,872 |
Sale, conversion, retirement of capital stock, net | $0 | 478 |
Net operating income | $-531,000 | 4,320 |
2025-03-31 (YTD Data) | Rank | |
Total interest income | $1,106,000 | 3,850 |
Total interest expense | $468,000 | 3,513 |
Net interest income | $638,000 | 3,983 |
Provision for loan and lease losses | $75,000 | 1,605 |
Total noninterest income | $4,000 | 4,358 |
Gross Fiduciary activities income | $0 | 918 |
Service charges on deposit accounts | $1,000 | 4,209 |
Trading account gains and fees | NA | NA |
Additional Noninterest Income | $3,000 | 4,251 |
Total noninterest expense | $864,000 | 3,519 |
Salaries and employee benefits | $531,000 | 3,384 |
Premises and equipment expense | $63,000 | 3,698 |
Additional noninterest expense | $3,000 | 4,280 |
Pre-tax net operating income | $-297,000 | 4,374 |
Securities gains (losses) | $0 | 665 |
Applicable income taxes | $0 | 3,151 |
Income before extraordinary items | $-297,000 | 4,350 |
Extraordinary gains, net | $0 | 47 |
Net income | $-297,000 | 4,349 |
Minority interest net income | $0 | 65 |
Net income of bank and minority interests. | $-297,000 | 4,350 |
Net charge-offs | $0 | 2,299 |
Cash dividends | $0 | 2,364 |
Sale, conversion, retirement of capital stock, net | $0 | 467 |
Net operating income | $-297,000 | 4,363 |
2024-12-31 (YTD Data) | Rank | |
Total interest income | $1,935,000 | 4,262 |
Total interest expense | $236,000 | 4,315 |
Net interest income | $1,699,000 | 4,198 |
Provision for loan and lease losses | $515,000 | 1,357 |
Total noninterest income | $70,000 | 4,261 |
Gross Fiduciary activities income | $0 | 1,000 |
Service charges on deposit accounts | $11,000 | 4,168 |
Trading account gains and fees | NA | NA |
Additional Noninterest Income | $59,000 | 4,088 |
Total noninterest expense | $2,619,000 | 3,807 |
Salaries and employee benefits | $1,792,000 | 3,569 |
Premises and equipment expense | $107,000 | 4,220 |
Additional noninterest expense | $59,000 | 4,088 |
Pre-tax net operating income | $-1,365,000 | 4,399 |
Securities gains (losses) | $74,000 | 320 |
Applicable income taxes | $0 | 3,278 |
Income before extraordinary items | $-1,291,000 | 4,372 |
Extraordinary gains, net | $0 | 53 |
Net income | $-1,291,000 | 4,372 |
Minority interest net income | $0 | 90 |
Net income of bank and minority interests. | $-1,291,000 | 4,372 |
Net charge-offs | $0 | 3,072 |
Cash dividends | $0 | 3,434 |
Sale, conversion, retirement of capital stock, net | $26,041,000 | 39 |
Net operating income | $-1,365,000 | 4,388 |
2024-09-30 (YTD Data) | Rank | |
Total interest income | $1,168,000 | 4,343 |
Total interest expense | $106,000 | 4,375 |
Net interest income | $1,062,000 | 4,293 |
Provision for loan and lease losses | $300,000 | 1,452 |
Total noninterest income | $42,000 | 4,326 |
Gross Fiduciary activities income | $0 | 972 |
Service charges on deposit accounts | $2,000 | 4,290 |
Trading account gains and fees | NA | NA |
Additional Noninterest Income | $40,000 | 4,133 |
Total noninterest expense | $1,726,000 | 3,905 |
Salaries and employee benefits | $1,264,000 | 3,615 |
Premises and equipment expense | $74,000 | 4,267 |
Additional noninterest expense | $40,000 | 4,133 |
Pre-tax net operating income | $-922,000 | 4,429 |
Securities gains (losses) | $0 | 930 |
Applicable income taxes | $0 | 3,278 |
Income before extraordinary items | $-922,000 | 4,413 |
Extraordinary gains, net | $0 | 51 |
Net income | $-922,000 | 4,413 |
Minority interest net income | $0 | 82 |
Net income of bank and minority interests. | $-922,000 | 4,414 |
Net charge-offs | $0 | 2,823 |
Cash dividends | $0 | 3,076 |
Sale, conversion, retirement of capital stock, net | $26,041,000 | 30 |
Net operating income | $-922,000 | 4,423 |
2024-06-30 (YTD Data) | Rank | |
Total interest income | $638,000 | 4,396 |
Total interest expense | $33,000 | 4,406 |
Net interest income | $605,000 | 4,355 |
Provision for loan and lease losses | $135,000 | 1,645 |
Total noninterest income | $11,000 | 4,439 |
Gross Fiduciary activities income | $0 | 962 |
Service charges on deposit accounts | $0 | 4,363 |
Trading account gains and fees | NA | NA |
Additional Noninterest Income | $11,000 | 4,298 |
Total noninterest expense | $994,000 | 4,027 |
Salaries and employee benefits | $756,000 | 3,743 |
Premises and equipment expense | $27,000 | 4,397 |
Additional noninterest expense | $11,000 | 4,311 |
Pre-tax net operating income | $-513,000 | 4,440 |
Securities gains (losses) | $0 | 628 |
Applicable income taxes | $0 | 3,283 |
Income before extraordinary items | $-513,000 | 4,424 |
Extraordinary gains, net | $0 | 52 |
Net income | $-513,000 | 4,425 |
Minority interest net income | $0 | 84 |
Net income of bank and minority interests. | $-513,000 | 4,426 |
Net charge-offs | $0 | 2,587 |
Cash dividends | $0 | 2,949 |
Sale, conversion, retirement of capital stock, net | $26,041,000 | 25 |
Net operating income | $-513,000 | 4,436 |
2024-03-31 (YTD Data) | Rank | |
Total interest income | $224,000 | 4,472 |
Total interest expense | $4,000 | 4,502 |
Net interest income | $220,000 | 4,464 |
Provision for loan and lease losses | $100,000 | 1,230 |
Total noninterest income | $0 | 4,538 |
Gross Fiduciary activities income | $0 | 895 |
Service charges on deposit accounts | $0 | 4,363 |
Trading account gains and fees | NA | NA |
Additional Noninterest Income | $0 | 4,439 |
Total noninterest expense | $340,000 | 4,277 |
Salaries and employee benefits | $280,000 | 4,012 |
Premises and equipment expense | $3,000 | 4,493 |
Additional noninterest expense | $0 | 4,475 |
Pre-tax net operating income | $-220,000 | 4,439 |
Securities gains (losses) | $0 | 689 |
Applicable income taxes | $0 | 3,183 |
Income before extraordinary items | $-220,000 | 4,428 |
Extraordinary gains, net | $0 | 51 |
Net income | $-220,000 | 4,428 |
Minority interest net income | $0 | 72 |
Net income of bank and minority interests. | $-220,000 | 4,428 |
Net charge-offs | $0 | 2,217 |
Cash dividends | $0 | 2,345 |
Sale, conversion, retirement of capital stock, net | $26,041,000 | 4 |
Net operating income | $-220,000 | 4,438 |
* The data above is accumulated from the beginning of the year to the date posted. The data for Dec. 31 is the number for the entire year.