Call reports 2023
MORGANTOWN BANK & TRUST COMPANY, INCORPORATED — 2023
What MORGANTOWN BANK & TRUST COMPANY, INCORPORATED 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 | 297,854,000 | 296,048,000 | 301,956,000 | 324,882,000 |
| Total loans | 200,428,000 | 207,200,000 | 215,715,000 | 236,848,000 |
| Allowance for loan losses | 1,459,000 | 1,468,000 | 1,502,000 | 1,551,000 |
| Securities available for sale | 65,747,000 | 64,371,000 | 61,516,000 | 63,423,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 264,731,000 | 263,036,000 | 264,637,000 | 279,629,000 |
| Interest-bearing deposits | 215,113,000 | 214,384,000 | 213,186,000 | 228,208,000 |
| Noninterest-bearing deposits | 49,618,000 | 48,652,000 | 51,451,000 | 51,421,000 |
| Equity capital | 17,609,000 | 17,574,000 | 17,187,000 | 19,085,000 |
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 | 2,920,000 | 6,144,000 | 9,624,000 | 13,468,000 |
| Interest expense | 1,044,000 | 2,213,000 | 3,567,000 | 5,155,000 |
| Net interest income | 1,876,000 | 3,931,000 | 6,057,000 | 8,313,000 |
| Noninterest income | 635,000 | 1,070,000 | 1,531,000 | 2,005,000 |
| Noninterest expense | 1,957,000 | 3,981,000 | 5,956,000 | 8,259,000 |
| Provision for loan losses | 24,000 | 48,000 | 86,000 | 145,000 |
| Pretax income | 530,000 | 972,000 | 1,546,000 | 1,913,000 |
| Income tax | 97,000 | 147,000 | 267,000 | 332,000 |
| Net income | 433,000 | 825,000 | 1,279,000 | 1,581,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,257,000 | 22,604,000 | 23,033,000 | 23,275,000 |
| Total capital | 23,734,000 | 24,090,000 | 24,553,000 | 24,845,000 |
| Risk-weighted assets | 180,047,000 | 186,022,000 | 194,522,000 | 211,318,000 |