Call reports 2023
MOUNTAIN VALLEY BANK — 2023
What MOUNTAIN VALLEY BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 510,650,000 | 502,512,000 | 535,905,000 | 543,928,000 |
| Total loans | 333,483,000 | 326,450,000 | 361,795,000 | 363,185,000 |
| Allowance for loan losses | 3,957,000 | 3,630,000 | 3,699,000 | 3,963,000 |
| Securities available for sale | 84,154,000 | 82,897,000 | 81,528,000 | 83,195,000 |
| Securities held to maturity | 57,343,000 | 56,682,000 | 56,229,000 | 54,960,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 422,794,000 | 393,972,000 | 410,359,000 | 421,205,000 |
| Interest-bearing deposits | 323,164,000 | 302,210,000 | 312,437,000 | 323,894,000 |
| Noninterest-bearing deposits | 99,630,000 | 91,762,000 | 97,922,000 | 97,311,000 |
| Equity capital | 45,343,000 | 45,038,000 | 44,877,000 | 48,025,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 4,957,000 | 10,361,000 | 16,418,000 | 22,980,000 |
| Interest expense | 1,645,000 | 3,828,000 | 6,468,000 | 9,571,000 |
| Net interest income | 3,312,000 | 6,533,000 | 9,950,000 | 13,409,000 |
| Noninterest income | 356,000 | 733,000 | 1,093,000 | 1,448,000 |
| Noninterest expense | 3,108,000 | 6,136,000 | 9,466,000 | 12,624,000 |
| Provision for loan losses | 141,000 | 141,000 | 212,000 | 503,000 |
| Pretax income | 419,000 | 989,000 | 1,234,000 | 1,893,000 |
| Income tax | 114,000 | 240,000 | 282,000 | 416,000 |
| Net income | 305,000 | 749,000 | 952,000 | 1,477,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,415,000 | 47,782,000 | 48,026,000 | 49,604,000 |