Call reports 2021
MOUNTAIN VALLEY BANK — 2021
What MOUNTAIN VALLEY BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 317,873,000 | 328,416,000 | 350,231,000 | 501,253,000 |
| Total loans | 189,086,000 | 198,383,000 | 193,466,000 | 261,809,000 |
| Allowance for loan losses | 2,970,000 | 3,090,000 | 3,146,000 | 3,400,000 |
| Securities available for sale | 40,645,000 | 42,203,000 | 41,526,000 | 65,325,000 |
| Securities held to maturity | 44,456,000 | 47,898,000 | 47,723,000 | 57,013,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 287,305,000 | 296,435,000 | 318,458,000 | 451,230,000 |
| Interest-bearing deposits | 202,971,000 | 211,624,000 | 231,866,000 | 345,659,000 |
| Noninterest-bearing deposits | 84,334,000 | 84,811,000 | 86,592,000 | 105,571,000 |
| Equity capital | 28,144,000 | 29,400,000 | 29,889,000 | 48,011,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 2,914,000 | 5,529,000 | 8,037,000 | 10,950,000 |
| Interest expense | 222,000 | 418,000 | 609,000 | 798,000 |
| Net interest income | 2,692,000 | 5,111,000 | 7,428,000 | 10,152,000 |
| Noninterest income | 727,000 | 1,391,000 | 1,864,000 | 2,646,000 |
| Noninterest expense | 1,978,000 | 3,785,000 | 5,604,000 | 8,222,000 |
| Provision for loan losses | 108,000 | 217,000 | 324,000 | 583,000 |
| Pretax income | 1,333,000 | 2,500,000 | 3,364,000 | 3,993,000 |
| Income tax | 318,000 | 590,000 | 853,000 | 925,000 |
| Net income | 1,015,000 | 1,910,000 | 2,511,000 | 3,068,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,974,000 | 28,948,000 | 29,550,000 | 45,333,000 |