Call reports 2009
MVB BANK, INC. — 2009
What MVB BANK, INC. reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 286,346,000 | 305,259,000 | 341,588,000 | 352,444,000 |
| Total loans | 213,603,000 | 221,805,000 | 226,243,000 | 234,612,000 |
| Allowance for loan losses | 2,034,000 | 2,160,000 | 2,126,000 | 2,241,000 |
| Securities available for sale | 16,409,000 | 16,025,000 | 36,877,000 | 37,168,000 |
| Securities held to maturity | 6,790,000 | 3,826,000 | 6,891,000 | 6,594,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 223,588,000 | 241,326,000 | 254,842,000 | 264,930,000 |
| Interest-bearing deposits | 199,455,000 | 207,823,000 | 231,666,000 | 241,037,000 |
| Noninterest-bearing deposits | 24,133,000 | 33,503,000 | 23,176,000 | 23,893,000 |
| Equity capital | 29,741,000 | 30,044,000 | 30,452,000 | 30,549,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 3,411,000 | 6,949,000 | 10,608,000 | 14,358,000 |
| Interest expense | 1,236,000 | 2,549,000 | 3,962,000 | 5,425,000 |
| Net interest income | 2,175,000 | 4,400,000 | 6,646,000 | 8,933,000 |
| Noninterest income | 412,000 | 1,118,000 | 1,627,000 | 2,164,000 |
| Noninterest expense | 1,853,000 | 3,877,000 | 5,918,000 | 8,103,000 |
| Provision for loan losses | 151,000 | 303,000 | 474,000 | 785,000 |
| Pretax income | 583,000 | 1,151,000 | 1,694,000 | 2,023,000 |
| Income tax | 171,000 | 326,000 | 462,000 | 516,000 |
| Net income | 412,000 | 825,000 | 1,232,000 | 1,507,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,571,000 | 28,958,000 | 29,852,000 | 29,950,000 |
| Total capital | 30,605,000 | 31,118,000 | 31,978,000 | 32,191,000 |
| Risk-weighted assets | 225,196,000 | 235,024,000 | 244,788,000 | 243,004,000 |