Call reports 2010
MRV BANKS — 2010
What MRV BANKS reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 59,738,000 | 63,457,000 | 66,515,000 | 66,300,000 |
| Total loans | 36,353,000 | 40,356,000 | 44,512,000 | 45,398,000 |
| Allowance for loan losses | 587,000 | 615,000 | 675,000 | 686,000 |
| Securities available for sale | 11,447,000 | 10,200,000 | 8,649,000 | 7,554,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,487,000 | 56,193,000 | 59,285,000 | 59,038,000 |
| Interest-bearing deposits | 49,116,000 | 51,683,000 | 54,967,000 | 54,533,000 |
| Noninterest-bearing deposits | 3,371,000 | 4,510,000 | 4,318,000 | 4,505,000 |
| Equity capital | 7,119,000 | 7,138,000 | 7,092,000 | 7,134,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 629,000 | 1,250,000 | 1,958,000 | 2,673,000 |
| Interest expense | 232,000 | 461,000 | 703,000 | 934,000 |
| Net interest income | 397,000 | 789,000 | 1,255,000 | 1,739,000 |
| Noninterest income | 10,000 | 22,000 | 34,000 | 48,000 |
| Noninterest expense | 371,000 | 762,000 | 1,183,000 | 1,588,000 |
| Provision for loan losses | 12,000 | 42,000 | 102,000 | 113,000 |
| Pretax income | 24,000 | 7,000 | 4,000 | 86,000 |
| Income tax | 7,000 | 2,000 | 1,000 | 26,000 |
| Net income | 17,000 | 5,000 | 3,000 | 60,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,490,000 | 6,487,000 | 6,467,000 | 6,506,000 |
| Total capital | 7,012,000 | 7,060,000 | 7,070,000 | 7,115,000 |
| Risk-weighted assets | 41,488,000 | 45,790,000 | 48,164,000 | 48,614,000 |