Nashville Bank & Trust Reports First Quarter Results
2009年5月6日 - 6:48AM
PRニュース・ワイアー (英語)
NASHVILLE, Tenn., May 5 /PRNewswire-FirstCall/ -- Nashville Bank
and Trust Company (OTC:NVBT) (BULLETIN BOARD: NVBT) reported
results today for the first quarter ending March 31, 2009. Total
assets increased by 24 percent to $164 million, up from $132
million from March 31, 2008. Over the same period, total loans
increased by 32 percent to $132 million, and deposits increased by
23.0 percent to $136 million. At March 31, 2009, the bank's capital
exceeded the FDIC guidelines for a "well capitalized" bank with a
Tier 1 Capital ratio of 12.6 percent compared with the "well
capitalized" guideline of 6.00 percent. Net income for the quarter
ending March 31, 2009 was $123,000, compared to $171,000 in the
first quarter of 2008. Non-interest income for the first quarter
2009 was $640,000, compared to $630,000 for the same period in
2008, a 1.5 percent increase. A full-service bank and wealth
management company, Nashville Bank & Trust services include
personal and business loans, depository accounts, wealth management
and trust services. Personal, expert service is the bank's
hallmark. Customers benefit from direct contact with senior-level,
experienced bank executives who have decision-making authority and
a full understanding of the local community and the client's
relationship with the bank. DATASOURCE: Nashville Bank and Trust
Company CONTACT: Overton Colton, +1-615-515-1706, , of Nashville
Bank and Trust Company
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