Nave Bank

San Juan, PR
IDRSSD: 5686089
Total Assets
$316.55M
Latest filing
Total Deposits
$231.65M
Latest filing
Net Interest Margin
3.03%
Profitability

Locations

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Main Office
Nave Bank
1608 Ave Ponce De Leon
San Juan, PR 00909
Full Service - Brick and Mortar
Updated 11/14/2025Established 09/18/2023FDIC Certificate 649963

Branches (0)

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NameAddressCity / State
No branch data available.
Nave Bank (Main)1608 Ave Ponce De LeonSan Juan, PR

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed member, supervised by FRB
Primary RegulatorFED
Established Date09/18/2023
Community BankYes
Ownership TypeNot Mutual
ZIP00909
State and County Number72127
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number02
Numeric code13
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictNew York
Core Based Statistical Area NameSan Juan-Bayamon-Caguas, PR

Operational Info

Number of Employees45
Domestic Offices1
Foreign Offices0
US Offices1
Directly owned by another bank (CERT)No
Last Structure Change Effective Date09/18/2023
Date of Deposit Insurance09/18/2023
Primary Insurance AgencyDIF
Websitewww.navebank.com
Data Updated11/14/2025
CERT59324
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$316.55M
Total Deposits$231.65M
Total Liabilities$243.63M
Total Equity Capital$72.92M
Net Income$-2,160,000
Net Loans and Leases$148.35M
Assets Per Employee ($Millions)$7.03M
Bank Premises and Fixed Assets$373.00k
Cash and Balances due from Depository Institutions$119.25M
Deposits Held in Domestic Offices$231.65M

Key Performance Ratios

Return on Assets (ROA)-3%
Return on Equity (ROE)-11.72%
Net Interest Margin3.03%
Efficiency Ratio182.78%
Tier 1 Risk-Based Capital Ratio45.461%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.52%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets23.036%
Earning Assets to total Assets97.45%

Income and Expense

Total Interest Income$3.84M
Total Noninterest Income$32.00k
Total Interest Expense$1.72M
Total Noninterest Expense$3.94M
Net Interest Income$2.12M
Pre-tax Net Operating Income$-2,160,000
Provision for Credit Losses$376.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$10.00M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$1.98M
Total Liabilities and Capital$316.55M

Securities

Securities$41.19M
Available-for-sale debt securities$41.19M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Nave Bank?
$316.55M as of the latest filing.
How much are Nave Bank's total deposits?
$231.65M in total deposits.
Where is Nave Bank located?
San Juan, PR.
What is the Net Interest Margin?
3.03%.
How many domestic offices does it operate?
1.
When was it established?
09/18/2023.
What is the Return on Assets (ROA)?
-3%.
How much are total loans and leases?
$148.35M (latest filing).
What is the total interest income (latest filing)?
$3.84M.