Call reports 2021
MRV BANKS — 2021
What MRV BANKS reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 495,985,000 | 540,612,000 | 584,037,000 | 631,530,000 |
| Total loans | 425,462,000 | 456,378,000 | 514,691,000 | 549,449,000 |
| Allowance for loan losses | 5,525,000 | 5,692,000 | 6,207,000 | 6,919,000 |
| Securities available for sale | 11,317,000 | 11,385,000 | 12,597,000 | 12,594,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 434,437,000 | 473,203,000 | 504,858,000 | 540,577,000 |
| Interest-bearing deposits | 288,666,000 | 301,367,000 | 334,456,000 | 358,441,000 |
| Noninterest-bearing deposits | 145,771,000 | 171,836,000 | 170,402,000 | 182,136,000 |
| Equity capital | 46,896,000 | 49,397,000 | 52,417,000 | 54,616,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 5,240,000 | 11,149,000 | 18,027,000 | 24,806,000 |
| Interest expense | 548,000 | 1,046,000 | 1,536,000 | 2,013,000 |
| Net interest income | 4,692,000 | 10,103,000 | 16,491,000 | 22,793,000 |
| Noninterest income | 259,000 | 580,000 | 920,000 | 1,388,000 |
| Noninterest expense | 1,962,000 | 4,078,000 | 6,353,000 | 8,723,000 |
| Provision for loan losses | 150,000 | 300,000 | 800,000 | 1,500,000 |
| Pretax income | 2,851,000 | 6,320,000 | 10,274,000 | 13,982,000 |
| Income tax | 650,000 | 1,465,000 | 2,390,000 | 3,208,000 |
| Net income | 2,201,000 | 4,855,000 | 7,884,000 | 10,774,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,788,000 | 49,291,000 | 52,220,000 | 54,485,000 |