Nuvo Bank & Trust Company Financial Statements & Health Reports

Acquired Dec 2015

Vitals

ROAA

.081

ROAE

Efficiency Ratio

Net Interest Margin

Balance Sheet Highlights

Financial Highlights	Nuvo Bank & Trust Company	All Insured Commercial Banks in Massachusetts
Balance Sheet $(000)
Total Assets	162,170	1,183,117
Total Net Loans	145,534	867,934
Total Deposits	142,230	937,584
Total Equity	15,381	120,410
Profitability
Net Income	97	6,866
Return on Average Assets	.081	.578
Return on Average Equity	.846	5.749
Net Interest Margin	3.507	3.218
Efficiency Ratio	83.698	75.753
Noninterest Income/Revenue	6.08	17.846
Balance Sheet Ratios
Loan-to-Deposit	102.323	88.526
Securities/Assets	.027	.137
Total Equity/Total Assets	.095	.102
Tangible Equity/Tangible Assets	.094	.089
Capital Adequacy
Tier 1 Common Capital	14,641	106,001
Tier 1 Capital	14,641	106,294
Tier 2 Capital	1,752	9,567
Total Capital	16,393	115,867
Total Risk Weighted Assets	139,439	861,499
Leverage Ratio	9.09	9.951
Common Equity Tier 1 Capital Ratio	10.5	15.282
Tier 1 Capital Ratio	10.5	15.294
Total Capital Ratio	11.76	16.315

Nuvo Bank & Trust Company was acquired by Merchants Bank 8 years

View Profile Dec 05 2015

Nuvo Bank & Trust Company was established 16 years ago and is currently headquartered in Springfield, MA.

Apr 25 2008

Acquisitions & Mergers	Role	Assets	Acct Method	Type	Transaction Date
Merchants Bank	Buyer	1,999,281	Acquisition	Discontinued	12/5/2015

Relationships	Role	Relationship Start	Relationship End

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