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 | 191,428,000 | 207,091,000 | 218,113,000 | 231,288,000 |
| Total loans | 139,889,000 | 158,352,000 | 174,278,000 | 187,191,000 |
| Allowance for loan losses | 2,265,000 | 2,248,000 | 2,191,000 | 2,021,000 |
| Securities available for sale | 31,061,000 | 30,259,000 | 29,111,000 | 27,197,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 141,200,000 | 147,969,000 | 158,361,000 | 164,526,000 |
| Interest-bearing deposits | 119,681,000 | 124,278,000 | 133,094,000 | 140,851,000 |
| Noninterest-bearing deposits | 21,519,000 | 23,691,000 | 25,267,000 | 23,675,000 |
| Equity capital | 19,870,000 | 19,648,000 | 20,577,000 | 21,187,000 |
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 | 2,177,000 | 4,679,000 | 7,522,000 | 10,614,000 |
| Interest expense | 537,000 | 1,368,000 | 2,428,000 | 3,702,000 |
| Net interest income | 1,640,000 | 3,311,000 | 5,094,000 | 6,912,000 |
| Noninterest income | 108,000 | 238,000 | 2,660,000 | 3,267,000 |
| Noninterest expense | 1,586,000 | 3,338,000 | 6,125,000 | 8,153,000 |
| Provision for loan losses | 0 | 0 | 0 | 250,000 |
| Pretax income | 162,000 | 211,000 | 1,629,000 | 1,776,000 |
| Income tax | 22,000 | 45,000 | 394,000 | 415,000 |
| Net income | 140,000 | 166,000 | 1,235,000 | 1,361,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,318,000 | 21,344,000 | 22,413,000 | 22,464,000 |
| Total capital | 22,928,000 | 23,159,000 | 24,322,000 | 24,485,000 |
| Risk-weighted assets | 128,143,000 | 144,804,000 | 152,404,000 | 162,669,000 |