Call reports 2019
MVB BANK, INC. — 2019
What MVB BANK, INC. reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 1,786,610,000 | 1,828,907,000 | 1,958,277,000 | 1,939,908,000 |
| Total loans | 1,407,173,000 | 1,446,588,000 | 1,542,336,000 | 1,527,245,000 |
| Allowance for loan losses | 11,242,000 | 11,168,000 | 11,874,000 | 11,775,000 |
| Securities available for sale | 224,741,000 | 215,587,000 | 225,814,000 | 235,421,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,432,031,000 | 1,380,200,000 | 1,458,766,000 | 1,454,370,000 |
| Interest-bearing deposits | 1,194,573,000 | 1,107,145,000 | 1,181,436,000 | 1,155,514,000 |
| Noninterest-bearing deposits | 237,458,000 | 273,055,000 | 277,330,000 | 298,856,000 |
| Equity capital | 192,522,000 | 210,643,000 | 204,679,000 | 211,147,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 19,818,000 | 40,479,000 | 61,679,000 | 83,152,000 |
| Interest expense | 5,365,000 | 11,020,000 | 16,867,000 | 22,192,000 |
| Net interest income | 14,453,000 | 29,459,000 | 44,812,000 | 60,960,000 |
| Noninterest income | 8,538,000 | 21,182,000 | 35,738,000 | 50,275,000 |
| Noninterest expense | 16,898,000 | 35,404,000 | 56,768,000 | 79,901,000 |
| Provision for loan losses | 300,000 | 900,000 | 1,557,000 | 1,789,000 |
| Pretax income | 5,735,000 | 27,821,000 | 35,698,000 | 43,030,000 |
| Income tax | 1,200,000 | 6,689,000 | 8,544,000 | 10,330,000 |
| Net income | 4,535,000 | 21,132,000 | 27,154,000 | 32,700,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 179,404,000 | 194,173,000 | 183,542,000 | 189,365,000 |
| Total capital | 191,130,000 | 205,825,000 | 195,900,000 | 201,672,000 |
| Risk-weighted assets | 1,429,709,000 | 1,473,245,000 | 1,552,011,000 | 1,571,073,000 |