Call reports 2024
MOUNTAIN VALLEY BANK — 2024
What MOUNTAIN VALLEY BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 543,546,000 | 528,947,000 | 548,076,000 | 571,946,000 |
| Total loans | 357,952,000 | 362,148,000 | 381,148,000 | 399,527,000 |
| Allowance for loan losses | 3,835,000 | 3,841,000 | 3,929,000 | 4,139,000 |
| Securities available for sale | 75,771,000 | 70,726,000 | 68,622,000 | 65,373,000 |
| Securities held to maturity | 54,798,000 | 54,137,000 | 53,974,000 | 52,378,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 411,823,000 | 406,033,000 | 422,218,000 | 435,345,000 |
| Interest-bearing deposits | 314,000,000 | 312,971,000 | 316,892,000 | 332,914,000 |
| Noninterest-bearing deposits | 97,823,000 | 93,062,000 | 105,326,000 | 102,431,000 |
| Equity capital | 48,163,000 | 48,997,000 | 51,549,000 | 52,399,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 6,354,000 | 12,851,000 | 19,944,000 | 27,060,000 |
| Interest expense | 2,991,000 | 5,880,000 | 8,756,000 | 11,486,000 |
| Net interest income | 3,363,000 | 6,971,000 | 11,188,000 | 15,574,000 |
| Noninterest income | 375,000 | 830,000 | 1,249,000 | 1,693,000 |
| Noninterest expense | 3,454,000 | 6,737,000 | 9,746,000 | 12,644,000 |
| Provision for loan losses | -61,000 | -53,000 | 52,000 | 293,000 |
| Pretax income | 284,000 | 1,064,000 | 2,611,000 | 4,233,000 |
| Income tax | 58,000 | 224,000 | 549,000 | 887,000 |
| Net income | 226,000 | 840,000 | 2,062,000 | 3,346,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 49,893,000 | 50,548,000 | 51,812,000 | 53,113,000 |