Call reports 2022
MRV BANKS — 2022
What MRV BANKS reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 630,796,000 | 644,478,000 | 657,828,000 | 671,130,000 |
| Total loans | 571,061,000 | 584,328,000 | 583,963,000 | 596,992,000 |
| Allowance for loan losses | 7,313,000 | 7,703,000 | 8,091,000 | 9,547,000 |
| Securities available for sale | 11,726,000 | 10,655,000 | 11,243,000 | 7,565,000 |
| Securities held to maturity | 0 | 0 | 0 | 5,597,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 529,823,000 | 522,236,000 | 558,084,000 | 579,868,000 |
| Interest-bearing deposits | 377,587,000 | 363,218,000 | 365,159,000 | 300,981,000 |
| Noninterest-bearing deposits | 152,236,000 | 159,018,000 | 192,925,000 | 278,887,000 |
| Equity capital | 57,037,000 | 59,964,000 | 61,833,000 | 65,192,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 6,800,000 | 14,104,000 | 21,982,000 | 31,097,000 |
| Interest expense | 525,000 | 1,194,000 | 2,379,000 | 3,827,000 |
| Net interest income | 6,275,000 | 12,910,000 | 19,603,000 | 27,270,000 |
| Noninterest income | 451,000 | 974,000 | 1,767,000 | 2,555,000 |
| Noninterest expense | 2,644,000 | 5,284,000 | 8,073,000 | 11,132,000 |
| Provision for loan losses | 375,000 | 750,000 | 1,125,000 | 2,574,000 |
| Pretax income | 3,705,000 | 7,838,000 | 12,163,000 | 16,116,000 |
| Income tax | 845,000 | 1,795,000 | 2,787,000 | 3,548,000 |
| Net income | 2,860,000 | 6,043,000 | 9,376,000 | 12,568,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,345,000 | 60,528,000 | 62,639,000 | 65,853,000 |