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New Valley Bank & Trust
New Valley Bank & Trust
RSSD ID 5316920 | CERTIFICATE 59143 | ABA NUMBER 11807247 |
1 Monarch Pl |
Quarter Ended : |
2025-03-31 |
Springfield, Massachusetts, 1144 |
Updated : |
2025-05-01 |
www.banknewvalley.com |
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Institution Profile |
Year Opened : |
2019 |
Institution Type : |
Commercial bank |
Entity Type : |
State |
Federal Regulator : |
FDIC |
Member Federal Reserve : |
No |
S-Corp : |
No |
Fiduciary Powers : |
No |
Powers Exercised : |
No |
Filing Type : |
051 |
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Specialization : |
Commercial Lending Specialization |
Number of Offices : |
3 |
Number of Employees : |
37 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 340,754 |
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Total Interest Income | 3,855 |
Total Liabilities | 314,583 |
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Total NonInterest Income | 175 |
Total Bank Equity Capital | 26,171 |
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Total Interest Expense | 1,735 |
Total Deposits | 278,018 |
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Total NonInterest Expense | 2,304 |
Net Loans & Leases | 251,824 |
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Net Income | (439) |
Loan Loss Allowance | 5,738 |
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Net Charge Offs | (5) |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Total capital | 32,270 |
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Total loans | 255,730 |
Total assets for the leverage ratio | 333,869 |
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Loans secured by real estate: | 194,951 |
Tier 1 Leverage Ratio | 8.57 |
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Commercial and industrial loans | 60,778 |
Tier 1 Capital Ratio | 9.84 |
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Loans to individuals - Credit Cards | 0 |
Total Capital Ratio | 11.1 |
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Loans to individuals - Other | 58 |
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