Call reports 2012
MVB BANK, INC. — 2012
What MVB BANK, INC. reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 574,338,000 | 587,860,000 | 613,295,000 | 726,507,000 |
| Total loans | 407,021,000 | 426,736,000 | 451,098,000 | 531,020,000 |
| Allowance for loan losses | 3,173,000 | 3,480,000 | 3,692,000 | 4,076,000 |
| Securities available for sale | 100,893,000 | 94,707,000 | 84,202,000 | 79,378,000 |
| Securities held to maturity | 14,088,000 | 16,506,000 | 32,816,000 | 35,370,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 440,408,000 | 457,928,000 | 471,371,000 | 486,677,000 |
| Interest-bearing deposits | 396,207,000 | 410,418,000 | 421,412,000 | 431,899,000 |
| Noninterest-bearing deposits | 44,201,000 | 47,510,000 | 49,959,000 | 54,778,000 |
| Equity capital | 52,212,000 | 53,360,000 | 54,494,000 | 71,293,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 5,393,000 | 10,818,000 | 16,451,000 | 22,348,000 |
| Interest expense | 1,195,000 | 2,399,000 | 3,602,000 | 4,844,000 |
| Net interest income | 4,198,000 | 8,419,000 | 12,849,000 | 17,504,000 |
| Noninterest income | 954,000 | 2,204,000 | 3,760,000 | 7,232,000 |
| Noninterest expense | 3,283,000 | 6,876,000 | 10,659,000 | 16,390,000 |
| Provision for loan losses | 675,000 | 1,350,000 | 2,125,000 | 2,800,000 |
| Pretax income | 1,260,000 | 2,470,000 | 4,011,000 | 6,184,000 |
| Income tax | 351,000 | 680,000 | 1,116,000 | 1,799,000 |
| Net income | 909,000 | 1,790,000 | 2,895,000 | 4,385,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 52,113,000 | 53,016,000 | 54,080,000 | 55,155,000 |
| Total capital | 55,286,000 | 56,496,000 | 57,772,000 | 59,231,000 |
| Risk-weighted assets | 370,283,000 | 388,339,000 | 412,625,000 | 453,033,000 |