Call reports 2014
MRV BANKS — 2014
What MRV BANKS reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 114,658,000 | 114,791,000 | 120,634,000 | 135,382,000 |
| Total loans | 93,891,000 | 95,024,000 | 107,754,000 | 117,848,000 |
| Allowance for loan losses | 1,395,000 | 1,395,000 | 1,500,000 | 1,691,000 |
| Securities available for sale | 8,705,000 | 8,350,000 | 7,932,000 | 7,561,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 101,018,000 | 101,646,000 | 101,629,000 | 111,163,000 |
| Interest-bearing deposits | 91,676,000 | 92,356,000 | 92,487,000 | 100,660,000 |
| Noninterest-bearing deposits | 9,342,000 | 9,290,000 | 9,142,000 | 10,503,000 |
| Equity capital | 12,251,000 | 12,502,000 | 12,778,000 | 15,087,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,167,000 | 2,359,000 | 3,653,000 | 5,059,000 |
| Interest expense | 172,000 | 355,000 | 540,000 | 745,000 |
| Net interest income | 995,000 | 2,004,000 | 3,113,000 | 4,314,000 |
| Noninterest income | 7,000 | -13,000 | 6,000 | 50,000 |
| Noninterest expense | 628,000 | 1,248,000 | 1,807,000 | 2,368,000 |
| Provision for loan losses | 70,000 | 70,000 | 175,000 | 390,000 |
| Pretax income | 304,000 | 673,000 | 1,137,000 | 1,606,000 |
| Income tax | 109,000 | 242,000 | 418,000 | 593,000 |
| Net income | 195,000 | 431,000 | 719,000 | 1,013,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,123,000 | 12,359,000 | 12,647,000 | 14,941,000 |
| Total capital | 13,301,000 | 13,550,000 | 13,957,000 | 16,394,000 |
| Risk-weighted assets | 94,037,000 | 95,289,000 | 104,574,000 | 115,966,000 |