Call reports 2020
MOUNTAIN VALLEY BANK, N.A. — 2020
What MOUNTAIN VALLEY BANK, N.A. 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 | 148,287,000 | 165,369,000 | 168,307,000 | 172,228,000 |
| Total loans | 96,766,000 | 104,625,000 | 104,614,000 | 103,201,000 |
| Allowance for loan losses | 1,167,000 | 1,171,000 | 1,225,000 | 1,276,000 |
| Securities available for sale | 35,286,000 | 34,946,000 | 36,382,000 | 38,857,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 124,923,000 | 141,568,000 | 144,448,000 | 148,047,000 |
| Interest-bearing deposits | 84,090,000 | 92,338,000 | 96,350,000 | 92,174,000 |
| Noninterest-bearing deposits | 40,833,000 | 49,230,000 | 48,098,000 | 55,873,000 |
| Equity capital | 20,090,000 | 20,523,000 | 20,851,000 | 20,252,000 |
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 | 1,561,000 | 3,107,000 | 4,602,000 | 6,060,000 |
| Interest expense | 107,000 | 216,000 | 315,000 | 408,000 |
| Net interest income | 1,454,000 | 2,891,000 | 4,287,000 | 5,652,000 |
| Noninterest income | 184,000 | 352,000 | 527,000 | 730,000 |
| Noninterest expense | 1,138,000 | 2,297,000 | 3,434,000 | 4,606,000 |
| Provision for loan losses | 0 | 51,000 | 104,000 | 156,000 |
| Pretax income | 507,000 | 902,000 | 1,283,000 | 1,632,000 |
| Income tax | 98,000 | 175,000 | 247,000 | 317,000 |
| Net income | 409,000 | 727,000 | 1,036,000 | 1,315,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,128,000 | 21,362,000 | 21,671,000 | 21,553,000 |