Call reports 2010
MVB BANK, INC. — 2010
What MVB BANK, INC. reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 378,741,000 | 394,096,000 | 417,090,000 | 413,787,000 |
| Total loans | 236,319,000 | 266,169,000 | 282,064,000 | 295,788,000 |
| Allowance for loan losses | 2,565,000 | 2,747,000 | 2,754,000 | 2,478,000 |
| Securities available for sale | 43,174,000 | 61,280,000 | 65,699,000 | 61,700,000 |
| Securities held to maturity | 7,495,000 | 7,469,000 | 7,464,000 | 7,460,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 287,680,000 | 300,556,000 | 317,099,000 | 300,483,000 |
| Interest-bearing deposits | 257,071,000 | 269,541,000 | 285,808,000 | 271,938,000 |
| Noninterest-bearing deposits | 30,609,000 | 31,015,000 | 31,291,000 | 28,545,000 |
| Equity capital | 30,938,000 | 31,701,000 | 32,481,000 | 34,462,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 3,790,000 | 7,783,000 | 11,979,000 | 16,320,000 |
| Interest expense | 1,356,000 | 2,758,000 | 4,103,000 | 5,388,000 |
| Net interest income | 2,434,000 | 5,025,000 | 7,876,000 | 10,932,000 |
| Noninterest income | 511,000 | 1,052,000 | 1,610,000 | 2,329,000 |
| Noninterest expense | 2,116,000 | 4,294,000 | 6,604,000 | 9,042,000 |
| Provision for loan losses | 280,000 | 520,000 | 760,000 | 1,100,000 |
| Pretax income | 596,000 | 1,319,000 | 2,211,000 | 3,208,000 |
| Income tax | 146,000 | 338,000 | 581,000 | 862,000 |
| Net income | 450,000 | 981,000 | 1,630,000 | 2,346,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,383,000 | 30,897,000 | 31,528,000 | 33,797,000 |
| Total capital | 32,948,000 | 33,644,000 | 34,282,000 | 36,275,000 |
| Risk-weighted assets | 241,439,000 | 253,761,000 | 262,375,000 | 272,584,000 |