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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 : |
2025-06-30 |
Springfield, Massachusetts, 01144 |
Updated : |
2025-07-30 |
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 : |
42 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 340,366 |
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Total Interest Income | 8,286 |
Total Liabilities | 314,488 |
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Total NonInterest Income | 332 |
Total Bank Equity Capital | 25,878 |
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Total Interest Expense | 3,576 |
Total Deposits | 277,551 |
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Total NonInterest Expense | 4,759 |
Net Loans & Leases | 257,247 |
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Net Income | (751) |
Loan Loss Allowance | 5,876 |
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Net Charge Offs | 1,716 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Total capital | 31,854 |
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Total loans | 268,098 |
Total assets for the leverage ratio | 341,269 |
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Loans secured by real estate: | 195,123 |
Tier 1 Leverage Ratio | 8.3 |
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Commercial and industrial loans | 72,975 |
Tier 1 Capital Ratio | 10.1 |
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Loans to individuals - Credit Cards | 0 |
Total Capital Ratio | 11.36 |
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Loans to individuals - Other | 6 |
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