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 Nova Bank
Nova Bank
| RSSD ID 5807400 | CERTIFICATE 59326 | ABA NUMBER 62206826 |
| 532 Madison St Se |
Quarter Ended : |
2025-03-31 |
| Huntsville, Alabama, 35801 |
Updated : |
2025-04-30 |
| Institution Profile |
| Year Opened : |
2024 |
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 : |
1 |
Number of Employees : |
20 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 80,898 |
|
Total Interest Income | 1,106 |
| Total Liabilities | 56,462 |
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Total NonInterest Income | 4 |
| Total Bank Equity Capital | 24,436 |
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Total Interest Expense | 468 |
| Total Deposits | 55,682 |
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Total NonInterest Expense | 864 |
| Net Loans & Leases | 39,917 |
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Net Income | (297) |
| Loan Loss Allowance | 590 |
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Net Charge Offs | 0 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
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Total loans | 38,733 |
| Total assets for the leverage ratio | 67,095 |
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Loans secured by real estate: | 29,096 |
| Tier 1 Leverage Ratio | 36.44 |
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Commercial and industrial loans | 9,333 |
| Off Balance Sheet Exposures (%) | 8.02 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 702 |
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:· Nova Bank
