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 | 237,132,000 | 239,776,000 | 258,043,000 | 255,673,000 |
| Total loans | 193,391,000 | 195,412,000 | 205,082,000 | 204,854,000 |
| Allowance for loan losses | 1,953,000 | 2,163,000 | 2,091,000 | 1,828,000 |
| Securities available for sale | 26,885,000 | 27,196,000 | 26,854,000 | 26,271,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 173,636,000 | 171,966,000 | 204,875,000 | 202,124,000 |
| Interest-bearing deposits | 145,704,000 | 141,823,000 | 169,326,000 | 169,178,000 |
| Noninterest-bearing deposits | 27,932,000 | 30,143,000 | 35,549,000 | 32,946,000 |
| Equity capital | 21,261,000 | 21,485,000 | 22,036,000 | 22,231,000 |
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 | 3,288,000 | 6,708,000 | 10,374,000 | 14,159,000 |
| Interest expense | 1,356,000 | 2,686,000 | 4,247,000 | 5,876,000 |
| Net interest income | 1,932,000 | 4,022,000 | 6,127,000 | 8,283,000 |
| Noninterest income | 335,000 | 560,000 | 782,000 | 1,334,000 |
| Noninterest expense | 2,049,000 | 4,219,000 | 6,389,000 | 8,646,000 |
| Provision for loan losses | 10,000 | 10,000 | 10,000 | 20,000 |
| Pretax income | 208,000 | 353,000 | 510,000 | 951,000 |
| Income tax | 24,000 | 51,000 | 99,000 | 200,000 |
| Net income | 184,000 | 302,000 | 411,000 | 751,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,508,000 | 22,626,000 | 22,735,000 | 23,075,000 |
| Total capital | 24,461,000 | 24,733,000 | 24,801,000 | 24,903,000 |
| Risk-weighted assets | 168,805,000 | 168,543,000 | 165,252,000 | 174,435,000 |