Call reports 2024
MOUNTAIN VIEW BANK OF COMMERCE — 2024
What MOUNTAIN VIEW BANK OF COMMERCE reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 |
|---|---|---|---|
| Total assets | 188,806,000 | 176,594,000 | 179,353,000 |
| Total loans | 158,800,000 | 156,922,000 | 158,290,000 |
| Allowance for loan losses | 2,239,000 | 2,239,000 | 2,238,000 |
| Securities available for sale | 2,337,000 | 2,350,000 | 2,350,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 153,434,000 | 142,107,000 | 143,478,000 |
| Interest-bearing deposits | 102,914,000 | 103,416,000 | 104,333,000 |
| Noninterest-bearing deposits | 50,520,000 | 38,691,000 | 39,145,000 |
| Equity capital | 21,296,000 | 21,688,000 | 21,888,000 |
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 |
|---|---|---|---|
| Interest income | 2,781,000 | 5,667,000 | 8,520,000 |
| Interest expense | 1,189,000 | 2,342,000 | 3,548,000 |
| Net interest income | 1,592,000 | 3,325,000 | 4,972,000 |
| Noninterest income | 34,000 | 67,000 | 98,000 |
| Noninterest expense | 1,263,000 | 2,530,000 | 3,792,000 |
| Provision for loan losses | 6,000 | 6,000 | 6,000 |
| Pretax income | 357,000 | 856,000 | 1,236,000 |
| Income tax | 94,000 | 210,000 | 391,000 |
| Net income | 263,000 | 646,000 | 845,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 |
|---|---|---|---|
| Tier 1 capital | 21,457,000 | 21,828,000 | 22,012,000 |
| Total capital | 23,380,000 | 23,740,000 | 23,943,000 |
| Risk-weighted assets | 153,379,000 | 156,253,000 | 153,941,000 |