Call reports 2007
MRV BANKS — 2007
What MRV BANKS reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q3 | 2007Q4 |
|---|---|---|
| Total assets | 15,709,000 | 19,127,000 |
| Total loans | 4,910,000 | 5,486,000 |
| Allowance for loan losses | 65,000 | 75,000 |
| Securities available for sale | 2,966,000 | 7,760,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 8,209,000 | 11,495,000 |
| Interest-bearing deposits | 7,160,000 | 9,785,000 |
| Noninterest-bearing deposits | 1,049,000 | 1,710,000 |
| Equity capital | 7,473,000 | 7,479,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q3 | 2007Q4 |
|---|---|---|
| Interest income | 153,000 | 397,000 |
| Interest expense | 43,000 | 139,000 |
| Net interest income | 110,000 | 258,000 |
| Noninterest income | 0 | 1,000 |
| Noninterest expense | 1,187,000 | 1,411,000 |
| Provision for loan losses | 65,000 | 75,000 |
| Pretax income | -1,142,000 | -1,227,000 |
| Income tax | -343,000 | -368,000 |
| Net income | -799,000 | -859,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q3 | 2007Q4 |
|---|---|---|
| Tier 1 capital | 7,464,000 | 7,417,000 |
| Total capital | 7,529,000 | 7,492,000 |
| Risk-weighted assets | 7,753,000 | 9,176,000 |