Call reports 2018
MVB BANK, INC. — 2018
What MVB BANK, INC. reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 1,575,825,000 | 1,680,093,000 | 1,717,015,000 | 1,747,884,000 |
| Total loans | 1,208,453,000 | 1,313,871,000 | 1,360,166,000 | 1,380,173,000 |
| Allowance for loan losses | 10,067,000 | 10,651,000 | 11,439,000 | 10,939,000 |
| Securities available for sale | 226,505,000 | 222,085,000 | 216,715,000 | 221,614,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,157,789,000 | 1,198,746,000 | 1,382,721,000 | 1,313,603,000 |
| Interest-bearing deposits | 1,011,081,000 | 1,031,882,000 | 1,138,339,000 | 1,095,556,000 |
| Noninterest-bearing deposits | 146,708,000 | 166,864,000 | 244,382,000 | 218,047,000 |
| Equity capital | 175,398,000 | 178,673,000 | 181,355,000 | 186,928,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 15,165,000 | 32,235,000 | 50,586,000 | 70,368,000 |
| Interest expense | 3,031,000 | 6,778,000 | 11,097,000 | 15,950,000 |
| Net interest income | 12,134,000 | 25,457,000 | 39,489,000 | 54,418,000 |
| Noninterest income | 8,842,000 | 19,766,000 | 29,586,000 | 38,148,000 |
| Noninterest expense | 15,820,000 | 33,978,000 | 51,087,000 | 68,431,000 |
| Provision for loan losses | 474,000 | 1,079,000 | 2,148,000 | 2,440,000 |
| Pretax income | 4,741,000 | 10,196,000 | 16,496,000 | 22,399,000 |
| Income tax | 1,031,000 | 2,236,000 | 3,586,000 | 4,942,000 |
| Net income | 3,710,000 | 7,960,000 | 12,910,000 | 17,457,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 163,513,000 | 166,896,000 | 171,005,000 | 174,704,000 |
| Total capital | 174,064,000 | 178,031,000 | 182,928,000 | 186,127,000 |
| Risk-weighted assets | 1,233,545,000 | 1,290,114,000 | 1,348,770,000 | 1,400,652,000 |