Call reports 2011
MVB BANK, INC. — 2011
What MVB BANK, INC. reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 449,015,000 | 453,900,000 | 520,013,000 | 533,105,000 |
| Total loans | 306,125,000 | 331,522,000 | 361,182,000 | 380,969,000 |
| Allowance for loan losses | 2,552,000 | 2,647,000 | 2,698,000 | 3,045,000 |
| Securities available for sale | 87,530,000 | 75,776,000 | 102,168,000 | 99,242,000 |
| Securities held to maturity | 7,230,000 | 6,226,000 | 10,168,000 | 13,568,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 351,140,000 | 348,936,000 | 378,202,000 | 390,713,000 |
| Interest-bearing deposits | 319,158,000 | 314,292,000 | 335,540,000 | 351,913,000 |
| Noninterest-bearing deposits | 31,982,000 | 34,644,000 | 42,662,000 | 38,800,000 |
| Equity capital | 41,549,000 | 42,532,000 | 51,862,000 | 51,421,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 4,348,000 | 8,929,000 | 13,860,000 | 19,051,000 |
| Interest expense | 1,184,000 | 2,408,000 | 3,617,000 | 4,820,000 |
| Net interest income | 3,164,000 | 6,521,000 | 10,243,000 | 14,231,000 |
| Noninterest income | 461,000 | 1,105,000 | 1,946,000 | 2,811,000 |
| Noninterest expense | 2,466,000 | 5,383,000 | 8,473,000 | 12,142,000 |
| Provision for loan losses | 300,000 | 630,000 | 1,243,000 | 1,723,000 |
| Pretax income | 1,008,000 | 1,969,000 | 2,958,000 | 4,010,000 |
| Income tax | 300,000 | 570,000 | 858,000 | 1,124,000 |
| Net income | 708,000 | 1,399,000 | 2,100,000 | 2,886,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,012,000 | 41,626,000 | 50,740,000 | 51,246,000 |
| Total capital | 43,564,000 | 44,273,000 | 53,438,000 | 54,291,000 |
| Risk-weighted assets | 279,765,000 | 300,658,000 | 332,429,000 | 342,760,000 |