Call reports 2024
MORGANTOWN BANK & TRUST COMPANY, INCORPORATED — 2024
What MORGANTOWN BANK & TRUST COMPANY, INCORPORATED 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 | 335,969,000 | 357,471,000 | 363,199,000 | 387,042,000 |
| Total loans | 247,582,000 | 266,395,000 | 279,248,000 | 291,874,000 |
| Allowance for loan losses | 1,610,000 | 1,643,000 | 1,769,000 | 1,920,000 |
| Securities available for sale | 56,332,000 | 54,688,000 | 54,211,000 | 65,898,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 295,574,000 | 297,566,000 | 309,366,000 | 323,003,000 |
| Interest-bearing deposits | 240,832,000 | 241,852,000 | 256,238,000 | 271,496,000 |
| Noninterest-bearing deposits | 54,742,000 | 55,714,000 | 53,128,000 | 51,507,000 |
| Equity capital | 19,378,000 | 25,643,000 | 27,547,000 | 27,138,000 |
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 | 4,133,000 | 8,666,000 | 13,658,000 | 18,885,000 |
| Interest expense | 1,772,000 | 3,734,000 | 5,932,000 | 8,314,000 |
| Net interest income | 2,361,000 | 4,932,000 | 7,726,000 | 10,571,000 |
| Noninterest income | 453,000 | 933,000 | 1,461,000 | 2,008,000 |
| Noninterest expense | 2,188,000 | 4,353,000 | 6,668,000 | 9,244,000 |
| Provision for loan losses | 76,000 | 117,000 | 264,000 | 429,000 |
| Pretax income | 522,000 | 1,276,000 | 2,134,000 | 2,815,000 |
| Income tax | 110,000 | 277,000 | 470,000 | 614,000 |
| Net income | 412,000 | 999,000 | 1,664,000 | 2,201,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,656,000 | 29,698,000 | 30,363,000 | 30,900,000 |
| Total capital | 25,287,000 | 31,453,000 | 32,246,000 | 32,904,000 |
| Risk-weighted assets | 218,274,000 | 231,781,000 | 244,529,000 | 260,627,000 |