Call reports 2015
MVB BANK, INC. — 2015
What MVB BANK, INC. reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 1,193,862,000 | 1,250,485,000 | 1,304,640,000 | 1,380,191,000 |
| Total loans | 957,087,000 | 1,027,392,000 | 1,067,880,000 | 1,134,793,000 |
| Allowance for loan losses | 6,481,000 | 7,047,000 | 7,388,000 | 8,006,000 |
| Securities available for sale | 67,204,000 | 65,855,000 | 68,018,000 | 70,117,000 |
| Securities held to maturity | 53,903,000 | 53,141,000 | 52,969,000 | 52,858,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 874,879,000 | 897,398,000 | 1,022,898,000 | 1,017,998,000 |
| Interest-bearing deposits | 789,030,000 | 814,303,000 | 931,010,000 | 931,891,000 |
| Noninterest-bearing deposits | 85,849,000 | 83,095,000 | 91,888,000 | 86,107,000 |
| Equity capital | 135,483,000 | 137,572,000 | 139,085,000 | 139,874,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 9,995,000 | 20,629,000 | 32,146,000 | 45,224,000 |
| Interest expense | 1,697,000 | 3,268,000 | 5,107,000 | 7,639,000 |
| Net interest income | 8,298,000 | 17,361,000 | 27,039,000 | 37,585,000 |
| Noninterest income | 9,454,000 | 19,030,000 | 27,833,000 | 34,973,000 |
| Noninterest expense | 13,637,000 | 27,537,000 | 42,016,000 | 55,832,000 |
| Provision for loan losses | 659,000 | 1,220,000 | 1,856,000 | 2,493,000 |
| Pretax income | 3,577,000 | 7,760,000 | 11,130,000 | 14,363,000 |
| Income tax | 1,282,000 | 2,589,000 | 3,604,000 | 4,570,000 |
| Net income | 2,295,000 | 5,171,000 | 7,526,000 | 9,793,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 120,258,000 | 122,125,000 | 122,578,000 | 123,989,000 |
| Total capital | 126,770,000 | 129,172,000 | 129,998,000 | 132,013,000 |
| Risk-weighted assets | 923,092,000 | 995,389,000 | 1,031,456,000 | 1,083,180,000 |