Call reports 2020
MRV BANKS — 2020
What MRV BANKS reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 435,236,000 | 436,907,000 | 457,184,000 | 530,210,000 |
| Total loans | 355,417,000 | 366,324,000 | 366,920,000 | 367,780,000 |
| Allowance for loan losses | 4,280,000 | 4,680,000 | 5,293,000 | 5,358,000 |
| Securities available for sale | 4,779,000 | 7,851,000 | 10,651,000 | 10,314,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 380,249,000 | 352,548,000 | 393,856,000 | 471,389,000 |
| Interest-bearing deposits | 254,139,000 | 255,092,000 | 286,573,000 | 290,445,000 |
| Noninterest-bearing deposits | 126,110,000 | 97,456,000 | 107,283,000 | 180,944,000 |
| Equity capital | 40,512,000 | 41,711,000 | 42,398,000 | 44,986,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 5,305,000 | 10,102,000 | 15,433,000 | 21,408,000 |
| Interest expense | 989,000 | 1,772,000 | 2,495,000 | 3,083,000 |
| Net interest income | 4,316,000 | 8,330,000 | 12,938,000 | 18,325,000 |
| Noninterest income | 117,000 | 272,000 | 451,000 | 687,000 |
| Noninterest expense | 1,863,000 | 3,664,000 | 5,470,000 | 7,550,000 |
| Provision for loan losses | 100,000 | 500,000 | 1,100,000 | 1,150,000 |
| Pretax income | 2,452,000 | 4,428,000 | 6,807,000 | 10,305,000 |
| Income tax | 608,000 | 1,001,000 | 1,536,000 | 2,263,000 |
| Net income | 1,844,000 | 3,427,000 | 5,271,000 | 8,042,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,445,000 | 41,571,000 | 42,216,000 | 44,786,000 |
| Total capital | 44,725,000 | — | — | — |
| Risk-weighted assets | 376,172,000 | — | — | — |