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 | 110,758,000 | 114,787,000 | 114,713,000 | 119,911,000 |
| Total loans | 79,200,000 | 80,356,000 | 81,581,000 | 77,742,000 |
| Allowance for loan losses | 736,000 | 808,000 | 847,000 | 884,000 |
| Securities available for sale | 18,177,000 | 17,873,000 | 17,461,000 | 19,026,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 100,325,000 | 104,057,000 | 103,954,000 | 109,122,000 |
| Interest-bearing deposits | 84,976,000 | 87,885,000 | 87,087,000 | 91,851,000 |
| Noninterest-bearing deposits | 15,349,000 | 16,172,000 | 16,867,000 | 17,271,000 |
| Equity capital | 10,117,000 | 10,327,000 | 10,333,000 | 10,411,000 |
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 | 1,310,000 | 2,720,000 | 3,991,000 | 5,215,000 |
| Interest expense | 140,000 | 278,000 | 411,000 | 535,000 |
| Net interest income | 1,170,000 | 2,442,000 | 3,580,000 | 4,680,000 |
| Noninterest income | 121,000 | 209,000 | 254,000 | 398,000 |
| Noninterest expense | 1,027,000 | 2,015,000 | 3,023,000 | 4,124,000 |
| Provision for loan losses | 69,000 | 185,000 | 243,000 | 297,000 |
| Pretax income | 195,000 | 451,000 | 568,000 | 657,000 |
| Income tax | 43,000 | 103,000 | 128,000 | 145,000 |
| Net income | 152,000 | 348,000 | 440,000 | 512,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,888,000 | 10,066,000 | 10,143,000 | 10,201,000 |
| Total capital | 10,624,000 | 10,874,000 | 10,990,000 | 11,025,000 |
| Risk-weighted assets | 61,748,000 | 67,480,000 | 68,052,000 | 65,855,000 |