Call reports 2016
MRV BANKS — 2016
What MRV BANKS reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 178,727,000 | 189,984,000 | 199,766,000 | 215,507,000 |
| Total loans | 139,920,000 | 157,079,000 | 172,814,000 | 177,314,000 |
| Allowance for loan losses | 2,127,000 | 2,247,000 | 2,324,000 | 2,474,000 |
| Securities available for sale | 9,048,000 | 8,562,000 | 8,060,000 | 7,326,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 154,667,000 | 161,279,000 | 167,572,000 | 183,054,000 |
| Interest-bearing deposits | 136,788,000 | 145,947,000 | 150,673,000 | 159,161,000 |
| Noninterest-bearing deposits | 17,879,000 | 15,332,000 | 16,899,000 | 23,893,000 |
| Equity capital | 16,728,000 | 17,107,000 | 17,575,000 | 17,992,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,679,000 | 3,524,000 | 5,487,000 | 7,702,000 |
| Interest expense | 307,000 | 644,000 | 1,021,000 | 1,431,000 |
| Net interest income | 1,372,000 | 2,880,000 | 4,466,000 | 6,271,000 |
| Noninterest income | 60,000 | 161,000 | 272,000 | 356,000 |
| Noninterest expense | 857,000 | 1,806,000 | 2,736,000 | 3,690,000 |
| Provision for loan losses | 120,000 | 240,000 | 370,000 | 520,000 |
| Pretax income | 455,000 | 995,000 | 1,632,000 | 2,417,000 |
| Income tax | 148,000 | 321,000 | 510,000 | 742,000 |
| Net income | 307,000 | 674,000 | 1,122,000 | 1,675,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,627,000 | 16,994,000 | 17,442,000 | 17,995,000 |
| Total capital | 18,378,000 | 18,977,000 | 19,600,000 | 20,334,000 |
| Risk-weighted assets | 139,769,000 | 158,431,000 | 172,516,000 | 187,031,000 |