FACTANKER · measured, cited, anchored official records connected

Call report 2024Q1

MVB BANK, INC. — 2024Q1

The 22 measures MVB BANK, INC. reported to the FFIEC for 2024Q1, each linked to its source filing.

PERIOD: 2024Q1SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/079dac72-41cd-4ba2-8221-39b4594675c8/2024Q1

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets3,517,742,000USDevidence →
Total loans2,267,310,000USDevidence →
Allowance for loan losses22,804,000USDevidence →
Securities available for sale347,278,000USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits3,154,925,000USDevidence →
Interest-bearing deposits1,754,259,000USDevidence →
Noninterest-bearing deposits1,400,666,000USDevidence →
Equity capital320,101,000USDevidence →

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

MeasureValueUnitSource
Interest income50,050,000USDevidence →
Interest expense18,927,000USDevidence →
Net interest income31,123,000USDevidence →
Noninterest income8,135,000USDevidence →
Noninterest expense26,216,000USDevidence →
Provision for loan losses1,996,000USDevidence →
Pretax income11,912,000USDevidence →
Income tax2,642,000USDevidence →
Net income9,250,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital349,755,000USDevidence →