Call reports 2013
MVB BANK, INC. — 2013
What MVB BANK, INC. reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 756,425,000 | 769,186,000 | 837,317,000 | 976,452,000 |
| Total loans | 529,977,000 | 551,550,000 | 568,801,000 | 714,603,000 |
| Allowance for loan losses | 4,639,000 | 4,828,000 | 4,687,000 | 4,934,000 |
| Securities available for sale | 77,368,000 | 83,426,000 | 109,705,000 | 106,411,000 |
| Securities held to maturity | 35,314,000 | 47,328,000 | 55,208,000 | 56,670,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 520,362,000 | 519,079,000 | 604,815,000 | 694,915,000 |
| Interest-bearing deposits | 458,269,000 | 475,934,000 | 559,989,000 | 632,475,000 |
| Noninterest-bearing deposits | 62,093,000 | 43,145,000 | 44,826,000 | 62,440,000 |
| Equity capital | 85,692,000 | 86,161,000 | 85,637,000 | 86,126,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 6,177,000 | 11,493,000 | 17,550,000 | 24,556,000 |
| Interest expense | 1,158,000 | 2,341,000 | 3,623,000 | 4,934,000 |
| Net interest income | 5,019,000 | 9,152,000 | 13,927,000 | 19,622,000 |
| Noninterest income | 7,080,000 | 16,294,000 | 23,496,000 | 28,503,000 |
| Noninterest expense | 9,581,000 | 20,076,000 | 30,517,000 | 39,986,000 |
| Provision for loan losses | 1,000,000 | 1,667,000 | 1,993,000 | 2,260,000 |
| Pretax income | 1,519,000 | 3,785,000 | 4,995,000 | 6,024,000 |
| Income tax | 284,000 | 884,000 | 1,172,000 | 1,435,000 |
| Net income | 1,235,000 | 2,901,000 | 3,823,000 | 4,589,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 69,576,000 | 71,019,000 | 70,908,000 | 68,483,000 |
| Total capital | 74,215,000 | 75,847,000 | 75,595,000 | 73,417,000 |
| Risk-weighted assets | 473,296,000 | 538,791,000 | 569,077,000 | 652,743,000 |