← MVB FINANCIAL CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Cash and Cash Equivalents, at Carrying Value | $17.3m | $20.3m | $22.2m | — | — | — | — | $398.2m | $317.9m | $244.1m | |
| Loans receivable | — | $1.1b | $1.3b | $1.4b | $1.5b | $1.9b | $2.4b | $2.3b | $2.1b | $2.3b | |
| Loans receivable, net | — | — | — | $1.4b | $1.4b | $1.9b | $2.3b | $2.3b | $2.1b | $2.3b | |
| Accrued interest receivable and other assets | $24.1m | $27.0m | $34.2m | $53.1m | $72.3m | $65.5m | $91.0m | $89.4m | $137.6m | $128.8m | |
| Total cash and cash equivalents | $17.3m | $20.3m | $22.2m | $28.0m | $263.9m | $307.4m | $40.3m | $398.2m | $317.9m | $244.1m | |
| Property, Plant and Equipment, Net | $25.1m | $26.7m | $26.5m | $22.0m | — | — | — | — | — | — | |
| Goodwill | $18.5m | $18.5m | $18.5m | $19.6m | $2.4m | $4.0m | $4.0m | $2.8m | $2.8m | $1.2m | |
| Operating Lease, Right-of-Use Asset | — | — | — | — | $17.5m | — | — | $12.9m | $26.9m | $24.7m | |
| Additional Financial Items | |||||||||||
| Cash and due from banks | $14.8m | $16.3m | $14.7m | $18.4m | $19.1m | $8.9m | $5.3m | $6.6m | $7.9m | $10.6m | |
| Interest-bearing balances with banks | $2.5m | $4.0m | $7.5m | $9.6m | $244.8m | $298.6m | $35.0m | $391.7m | $310.0m | $233.6m | |
| Investment securities available-for-sale | — | — | — | $235.8m | $410.6m | $421.5m | $379.8m | $345.3m | $411.6m | $410.5m | |
| Equity securities | — | $0 | $9.6m | $18.5m | $27.6m | $32.4m | $38.7m | $41.1m | $42.6m | $50.6m | |
| Allowance for credit losses | — | — | — | — | ($25.8m) | ($18.3m) | ($23.8m) | ($22.1m) | ($19.7m) | ($21.8m) | |
| Premises and equipment, net | — | $26.7m | $26.5m | $22.0m | $26.2m | $25.1m | $23.7m | $20.9m | $12.5m | $10.4m | |
| Bank-owned life insurance | $23.0m | $32.7m | $34.3m | $35.4m | $41.3m | $42.3m | $43.2m | $44.3m | $45.5m | $56.3m | |
| Equity method investments | — | — | — | $0 | $46.5m | $40.0m | $76.2m | $75.8m | $78.3m | $86.8m | |
| Assets held-for-sale | — | — | $0 | $46.6m | $0 | — | $4.3m | $0 | $2.3m | $0 | |
| Noninterest-bearing | $115.7m | $126.0m | $213.6m | $278.5m | $715.8m | $1.1b | $1.2b | $1.2b | $941.0m | $1.1b | |
| Interest-bearing | $991.3m | $1.0b | $1.1b | $986.5m | $1.3b | $1.3b | $1.3b | $1.7b | $1.8b | $1.7b | |
| Repurchase agreements | $25.2m | $22.4m | $14.9m | $10.2m | $10.3m | $11.4m | $10.0m | $4.8m | $2.8m | $3.3m | |
| Subordinated debt | $33.5m | $33.5m | $17.5m | $4.1m | $43.4m | $73.0m | $73.3m | $73.5m | $73.8m | $74.0m | |
| Liabilities held-for-sale | — | — | — | — | — | — | $5.4m | $0 | $720k | $0 | |
| Total deposits | $1.1b | $1.2b | $1.3b | $1.3b | $2.0b | $2.4b | $2.6b | $2.9b | $2.7b | $2.8b | |
| Total equity attributable to parent | $145.6m | $150.2m | $176.8m | $211.9m | $239.5m | $274.3m | $261.1m | $289.4m | $305.7m | $334.0m | |
| Assets | $1.4b | $1.5b | $1.8b | $1.9b | $2.3b | $2.8b | $3.1b | $3.3b | $3.1b | $3.3b | |
| TOTAL ASSETS | $1.4b | $1.5b | $1.8b | $1.9b | $2.3b | $2.8b | $3.1b | $3.3b | $3.1b | $3.3b | |
| LIABILITIES AND EQUITY | |||||||||||
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $1.4b | $1.5b | $1.8b | $1.9b | $2.3b | $2.8b | $3.1b | $3.3b | $3.1b | $3.3b | |
| Accrued interest payable and other liabilities | $16.6m | $16.4m | $17.7m | $41.7m | $55.9m | $55.1m | $41.6m | $37.9m | $52.0m | $55.5m | |
| Long-term Debt | $124.4m | $185.7m | $232.4m | $227.0m | — | — | — | — | — | — | |
| Deferred Tax Liabilities, Net | — | — | — | $3.2m | — | $3.9m | — | — | — | — | |
| Liabilities | $1.3b | $1.4b | $1.6b | $1.7b | $2.1b | $2.5b | $2.8b | $3.0b | $2.8b | $3.0b | |
| TOTAL LIABILITIES | $1.3b | $1.4b | $1.6b | $1.7b | $2.1b | $2.5b | $2.8b | $3.0b | $2.8b | $3.0b | |
| Stockholders’ equity: | |||||||||||
| Preferred Stock, Value, Issued | $16.3m | $7.8m | $7.8m | $7.3m | $7.3m | $0 | — | — | — | — | |
| Common Stock, Value, Issued | $10.0m | $10.5m | $11.7m | $12.0m | $12.4m | $12.9m | $13.5m | $13.6m | $13.8m | $14.0m | |
| Retained Earnings (Accumulated Deficit) | $31.2m | $37.2m | $48.3m | $72.5m | $105.2m | $138.2m | $144.9m | $160.9m | $172.2m | $190.4m | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | ($4.3m) | ($3.0m) | ($6.8m) | ($1.3m) | $2.2m | ($3.6m) | ($37.7m) | ($28.8m) | ($28.2m) | ($13.9m) | |
| Additional Paid in Capital, Common Stock | $93.4m | $98.7m | $116.9m | $122.5m | $129.1m | $143.5m | $157.2m | $160.5m | $164.7m | $170.4m | |
| Common stock - par value $1; 40,000,000 shares authorized; 14,042,683 and 12,715,598 shares issued and outstanding, respectively, as of December 31, 2025 and 13,793,311 and 12,945,295 shares issued and outstanding, respectively, as of December 31, 2024 | 10.0m | 10.5m | 11.7m | 12.0m | 12.4m | 12.9m | 13.5m | 13.6m | 13.8m | 14.0m | |
| Additional paid-in capital | $93.4m | $98.7m | $116.9m | $122.5m | $129.1m | $143.5m | $157.2m | $160.5m | $164.7m | $170.4m | |
| Accumulated other comprehensive loss | ($4.3m) | ($3.0m) | ($6.8m) | ($1.3m) | $2.2m | ($3.6m) | ($37.7m) | ($28.8m) | ($28.2m) | ($13.9m) | |
| Treasury stock - 1,327,085 and 848,016 shares at cost as of December 31, 2025 and December 31, 2024, respectively | — | — | — | — | — | — | ($16.7m) | ($16.7m) | ($16.7m) | ($27.0m) | |
| Stockholders' Equity Attributable to Parent | $145.6m | $150.2m | $176.8m | $211.9m | $239.5m | $274.3m | $261.1m | $289.4m | $305.7m | $334.0m | |
| Stockholders' Equity Attributable to Noncontrolling Interest | — | — | — | — | — | $975k | $307k | ($42k) | $112k | $0 | |
| Noncontrolling interest | — | — | — | — | $0 | $975k | $307k | ($42k) | $112k | $0 | |
| Total stockholders' equity | — | — | — | — | $239.5m | $275.3m | $261.4m | $289.3m | $305.8m | $334.0m | |
| Liabilities and Equity | $1.4b | $1.5b | $1.8b | $1.9b | $2.3b | $2.8b | $3.1b | $3.3b | $3.1b | $3.3b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.