Call reports 2020
MOUNTAIN VALLEY BANK — 2020
What MOUNTAIN VALLEY BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 244,386,000 | 269,760,000 | 274,785,000 | 296,251,000 |
| Total loans | 169,616,000 | 172,653,000 | 177,464,000 | 179,161,000 |
| Allowance for loan losses | 2,167,000 | 2,639,000 | 2,745,000 | 2,859,000 |
| Securities available for sale | 22,527,000 | 19,541,000 | 27,076,000 | 27,486,000 |
| Securities held to maturity | 5,720,000 | 10,432,000 | 18,050,000 | 38,649,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 218,467,000 | 242,997,000 | 247,651,000 | 268,571,000 |
| Interest-bearing deposits | 165,394,000 | 181,753,000 | 177,792,000 | 191,793,000 |
| Noninterest-bearing deposits | 53,073,000 | 61,244,000 | 69,859,000 | 76,778,000 |
| Equity capital | 24,186,000 | 24,812,000 | 25,440,000 | 26,128,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,551,000 | 5,598,000 | 7,987,000 | 10,403,000 |
| Interest expense | 445,000 | 768,000 | 1,052,000 | 1,305,000 |
| Net interest income | 2,106,000 | 4,830,000 | 6,935,000 | 9,098,000 |
| Noninterest income | 297,000 | 774,000 | 1,410,000 | 2,049,000 |
| Noninterest expense | 1,740,000 | 3,608,000 | 5,450,000 | 7,215,000 |
| Provision for loan losses | 113,000 | 627,000 | 740,000 | 852,000 |
| Pretax income | 562,000 | 1,381,000 | 2,168,000 | 3,096,000 |
| Income tax | 104,000 | 286,000 | 461,000 | 690,000 |
| Net income | 458,000 | 1,095,000 | 1,707,000 | 2,406,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,035,000 | 23,751,000 | 24,442,000 | 25,222,000 |