Call reports 2023
MRV BANKS — 2023
What MRV BANKS reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 699,356,000 | 715,134,000 | 730,270,000 | 733,191,000 |
| Total loans | 622,721,000 | 625,265,000 | 629,535,000 | 618,661,000 |
| Allowance for loan losses | 11,253,000 | 11,367,000 | 11,380,000 | 11,693,000 |
| Securities available for sale | 7,424,000 | 10,492,000 | 9,973,000 | 10,106,000 |
| Securities held to maturity | 5,600,000 | 5,605,000 | 5,609,000 | 5,613,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 559,267,000 | 592,613,000 | 561,081,000 | 616,955,000 |
| Interest-bearing deposits | 330,262,000 | 379,858,000 | 332,787,000 | 363,578,000 |
| Noninterest-bearing deposits | 229,005,000 | 212,755,000 | 228,294,000 | 253,377,000 |
| Equity capital | 67,636,000 | 71,461,000 | 75,381,000 | 80,061,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 9,713,000 | 20,728,000 | 32,344,000 | 44,373,000 |
| Interest expense | 2,104,000 | 5,648,000 | 9,389,000 | 13,105,000 |
| Net interest income | 7,609,000 | 15,080,000 | 22,955,000 | 31,268,000 |
| Noninterest income | 812,000 | 1,723,000 | 2,657,000 | 4,007,000 |
| Noninterest expense | 3,471,000 | 6,793,000 | 10,284,000 | 13,969,000 |
| Provision for loan losses | 352,000 | 453,000 | 452,000 | 749,000 |
| Pretax income | 4,596,000 | 9,643,000 | 14,940,000 | 20,463,000 |
| Income tax | 995,000 | 2,099,000 | 3,179,000 | 4,318,000 |
| Net income | 3,601,000 | 7,544,000 | 11,761,000 | 16,145,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 68,234,000 | 72,183,000 | 76,294,000 | 80,571,000 |