MVB Bank

MVB Bank is headquartered in Fairmont and is the 8^th largest bank in the state of West Virginia. It is also the 1,300^th largest bank in the nation. It was established in 1999 and as of September of 2011, it had grown to 106 employees at 6 locations. MVB Bank's savings rates are 92% higher than the national average, and it boasts a 5-star health rating.

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Data for Q3 2011

Institution Statistics MVB Bank, Inc FDIC Certificate # 34603 BankRate Report View Year Established 1999 Employees 106 Primary Regulator FDIC Assets and Liabilities Assets $520.01 million Loans $358.48 million Deposits $378.20 million Equity Capital $51.86 million Loan Loss Allowance $2.70 million Unbacked Noncurrent Loans $3.50 million Real Estate Owned $270,000 Historic Data - September 2010 Assets $417.09 million Equity Capital $32.48 million Loan Loss Allowance $2.75 million Unbacked Noncurrent Loans $2.31 million Real Estate Owned $333,000 Profit Margin - Quarterly Net Interest Margin 3.19% Return on Assets 0.61% Return on Equity 6.57% Interest Income $13.86 million

Institution Health Overall Score: 5 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of September 30, 2011 MVB Bank had $3.77 million in non-current loans and owned real-estate with $54.56 million in equity and loan loss allowances on hand to cover it. This gives MVB Bank a Texas Ratio of 6.91% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for MVB Bank held steady from 7.50% as of September 30, 2010 to 6.91% as of September 30, 2011, resulting in a positive change of 7.85%.This indicates that the balance sheet and financial strength for MVB Bank has held steady in recent periods. Deposit Growth In the past year, MVB Bank has increased its total deposits by $61.1 million, resulting in 19.27% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth MVB Bank has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. MVB Bank has $520.01 million in assets with $54.56 million in equity, resulting in a capitalization level of 10.49%, which is above average.

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