Call reports 2024
MOUNTAIN VALLEY BANK, N.A. — 2024
What MOUNTAIN VALLEY BANK, N.A. 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 | 192,874,000 | 191,099,000 | 196,669,000 | 195,817,000 |
| Total loans | 115,543,000 | 117,147,000 | 118,676,000 | 119,895,000 |
| Allowance for loan losses | 1,557,000 | 1,555,000 | 1,554,000 | 1,553,000 |
| Securities available for sale | 60,794,000 | 60,980,000 | 59,682,000 | 58,498,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 170,152,000 | 167,805,000 | 172,332,000 | 172,107,000 |
| Interest-bearing deposits | 115,843,000 | 114,234,000 | 118,603,000 | 118,646,000 |
| Noninterest-bearing deposits | 54,309,000 | 53,571,000 | 53,729,000 | 53,461,000 |
| Equity capital | 20,875,000 | 21,482,000 | 23,153,000 | 22,863,000 |
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 | 2,171,000 | 4,481,000 | 6,883,000 | 9,387,000 |
| Interest expense | 399,000 | 885,000 | 1,412,000 | 1,959,000 |
| Net interest income | 1,772,000 | 3,596,000 | 5,471,000 | 7,428,000 |
| Noninterest income | 223,000 | 431,000 | 647,000 | 887,000 |
| Noninterest expense | 1,262,000 | 2,526,000 | 3,813,000 | 5,174,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 733,000 | 1,501,000 | 2,305,000 | 3,141,000 |
| Income tax | 157,000 | 321,000 | 498,000 | 680,000 |
| Net income | 576,000 | 1,180,000 | 1,807,000 | 2,461,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,751,000 | 25,252,000 | 25,877,000 | 26,014,000 |