MVB Bank


Overview / Commentary
304-367-2602
301 Virginia Avenue
Fairmont, WV 26554

MVB Bank is headquartered in Fairmont and is the 4th largest bank in the state of West Virginia. It is also the 453rd largest bank in the nation. It was established in 1999 and as of September of 2020, it had grown to 286 employees at 14 locations. MVB Bank has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #34603
Year Established1999
Employees286
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.97%
Return on Equity - YTD19%
Annual Interest Income$61.6MM
Assets and Liabilities
AssetsQ3 2020vs Q3 2019$2.21B$1.96B
LoansQ3 2020vs Q3 2019$1.40B$1.53B
DepositsQ3 2020vs Q3 2019$1.90B$1.46B
Equity CapitalQ3 2020vs Q3 2019$231.3MM$204.7MM
Loan Loss AllowanceQ3 2020vs Q3 2019$25.9MM$11.9MM
Unbacked Noncurrent LoansQ3 2020vs Q3 2019$14.9MM$5.6MM
Real Estate OwnedQ3 2020vs Q3 2019$6.4MM$1.4MM
Rates

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Locations

Availability



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