Call reports 2024
MRV BANKS — 2024
What MRV BANKS reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 726,207,000 | 743,080,000 | 738,583,000 | 822,932,000 |
| Total loans | 614,420,000 | 608,272,000 | 610,741,000 | 626,375,000 |
| Allowance for loan losses | 12,602,000 | 12,770,000 | 13,853,000 | 11,327,000 |
| Securities available for sale | 15,555,000 | 20,888,000 | 24,254,000 | 27,804,000 |
| Securities held to maturity | 5,617,000 | 5,621,000 | 5,626,000 | 5,630,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 613,112,000 | 626,321,000 | 618,549,000 | 703,006,000 |
| Interest-bearing deposits | 388,454,000 | 441,361,000 | 490,838,000 | 559,029,000 |
| Noninterest-bearing deposits | 224,658,000 | 184,960,000 | 127,711,000 | 143,977,000 |
| Equity capital | 83,321,000 | 86,862,000 | 89,628,000 | 90,215,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 11,590,000 | 23,182,000 | 35,403,000 | 47,762,000 |
| Interest expense | 4,130,000 | 8,804,000 | 14,059,000 | 19,048,000 |
| Net interest income | 7,460,000 | 14,378,000 | 21,344,000 | 28,714,000 |
| Noninterest income | 1,008,000 | 2,009,000 | 2,893,000 | 3,928,000 |
| Noninterest expense | 3,432,000 | 6,712,000 | 10,204,000 | 13,706,000 |
| Provision for loan losses | 901,000 | 1,100,000 | 2,175,000 | 5,545,000 |
| Pretax income | 4,206,000 | 8,692,000 | 12,022,000 | 13,573,000 |
| Income tax | 866,000 | 1,807,000 | 2,467,000 | 2,754,000 |
| Net income | 3,340,000 | 6,885,000 | 9,555,000 | 10,819,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 83,914,000 | 87,462,000 | 89,860,000 | 90,949,000 |