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 1,177^th largest bank in the nation. It was established in 1999 and as of March of 2012, it had grown to 128 employees at 6 locations. MVB Bank's savings rates are 92% higher than the national average, and it has a 4-star health rating.

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Data for Q1 2012

Institution Statistics MVB Bank, Inc FDIC Certificate # 34603 BankRate Report View Year Established 1999 Employees 128 Primary Regulator FDIC Assets and Liabilities Assets $574.34 million Loans $403.85 million Deposits $440.41 million Equity Capital $52.21 million Loan Loss Allowance $3.17 million Unbacked Noncurrent Loans $5.39 million Real Estate Owned $146,000 Historic Data - March 2011 Assets $449.02 million Equity Capital $41.55 million Loan Loss Allowance $2.55 million Unbacked Noncurrent Loans $2.02 million Real Estate Owned $333,000 Profit Margin - Quarterly Net Interest Margin 3.23% Return on Assets 0.66% Return on Equity 7.02% Interest Income $5.39 million

Institution Health Overall Score: 4 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 March 31, 2012 MVB Bank had $5.54 million in non-current loans and owned real-estate with $55.38 million in equity and loan loss allowances on hand to cover it. This gives MVB Bank a Texas Ratio of 10.00% which is above average. 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 5.34% as of March 31, 2011 to 10.00% as of March 31, 2012, resulting in a negative change of 87.02%. 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 $89.27 million, resulting in 25.42% 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 $574.34 million in assets with $55.38 million in equity, resulting in a capitalization level of 9.64%, which is average.

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