Call reports 2017
MVB BANK, INC. — 2017
What MVB BANK, INC. reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 1,431,246,000 | 1,501,902,000 | 1,465,768,000 | 1,528,130,000 |
| Total loans | 1,148,703,000 | 1,210,202,000 | 1,163,525,000 | 1,172,736,000 |
| Allowance for loan losses | 9,372,000 | 9,748,000 | 9,396,000 | 9,878,000 |
| Securities available for sale | 171,535,000 | 172,604,000 | 184,716,000 | 228,999,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,138,896,000 | 1,105,039,000 | 1,169,441,000 | 1,163,484,000 |
| Interest-bearing deposits | 1,017,195,000 | 978,253,000 | 1,043,658,000 | 1,033,617,000 |
| Noninterest-bearing deposits | 121,701,000 | 126,786,000 | 125,783,000 | 129,867,000 |
| Equity capital | 165,673,000 | 171,103,000 | 173,578,000 | 174,903,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 13,148,000 | 27,043,000 | 41,724,000 | 56,904,000 |
| Interest expense | 2,210,000 | 4,573,000 | 7,223,000 | 10,059,000 |
| Net interest income | 10,938,000 | 22,470,000 | 34,501,000 | 46,845,000 |
| Noninterest income | 10,532,000 | 20,834,000 | 32,156,000 | 42,473,000 |
| Noninterest expense | 17,275,000 | 33,730,000 | 51,804,000 | 68,766,000 |
| Provision for loan losses | 518,000 | 1,041,000 | 1,137,000 | 2,173,000 |
| Pretax income | 3,860,000 | 8,883,000 | 14,171,000 | 18,834,000 |
| Income tax | 1,257,000 | 2,962,000 | 4,758,000 | 6,902,000 |
| Net income | 2,603,000 | 5,921,000 | 9,413,000 | 11,932,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 150,710,000 | 155,048,000 | 157,558,000 | 159,097,000 |
| Total capital | 160,621,000 | 165,337,000 | 167,502,000 | 169,536,000 |
| Risk-weighted assets | 1,139,768,000 | 1,185,468,000 | 1,156,230,000 | 1,192,257,000 |