Call reports 2014
MVB BANK, INC. — 2014
What MVB BANK, INC. reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 995,198,000 | 1,061,246,000 | 1,084,997,000 | 1,106,316,000 |
| Total loans | 725,761,000 | 803,463,000 | 813,542,000 | 866,143,000 |
| Allowance for loan losses | 5,451,000 | 6,241,000 | 6,364,000 | 6,222,000 |
| Securities available for sale | 104,592,000 | 90,146,000 | 71,392,000 | 68,213,000 |
| Securities held to maturity | 56,823,000 | 55,978,000 | 55,633,000 | 54,538,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 757,029,000 | 756,295,000 | 853,701,000 | 830,549,000 |
| Interest-bearing deposits | 697,806,000 | 684,303,000 | 781,188,000 | 756,161,000 |
| Noninterest-bearing deposits | 59,223,000 | 71,992,000 | 72,513,000 | 74,388,000 |
| Equity capital | 99,919,000 | 134,031,000 | 134,791,000 | 133,783,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 8,250,000 | 17,255,000 | 26,415,000 | 35,992,000 |
| Interest expense | 1,488,000 | 3,445,000 | 5,314,000 | 7,297,000 |
| Net interest income | 6,762,000 | 13,810,000 | 21,101,000 | 28,695,000 |
| Noninterest income | 5,281,000 | 12,104,000 | 17,097,000 | 23,334,000 |
| Noninterest expense | 10,117,000 | 21,040,000 | 30,506,000 | 43,910,000 |
| Provision for loan losses | 518,000 | 1,408,000 | 2,192,000 | 2,581,000 |
| Pretax income | 1,408,000 | 3,590,000 | 5,896,000 | 5,951,000 |
| Income tax | 243,000 | 778,000 | 1,476,000 | 1,269,000 |
| Net income | 1,165,000 | 2,812,000 | 4,420,000 | 4,682,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 84,619,000 | 118,321,000 | 119,243,000 | 118,503,000 |
| Total capital | 90,070,000 | 124,562,000 | 125,607,000 | 124,725,000 |
| Risk-weighted assets | 707,068,000 | 760,727,000 | 784,592,000 | 811,254,000 |