FDIC Certificate #: 58619 Status: Active Federal Reserve ID: 3482111 Bank Holding Company (Regulatory Top Holder): Mrv Financial Corp (RSSDID: 3482102, Location: Sainte Genevieve, MO) Date Established: July 16, 2007 WWW:http://www.mrvbanks.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 458816 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: July 16, 2007 Last Structure Change Effective Date: July 24, 2007 Last Structure Change Process Date: July 24, 2007 Last Data Update: July 24, 2007 Data Source Date: April 05, 2012
Location
Address: 871 Ste. Genevieve Drive, Sainte Genevieve, MO 63670 County: Ste. Genevieve Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: St. Louis Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West
History of Changes
Change in Geographic Region/Area/Territory/Field Office
Financial Summary
Total assets: $73.4 mil Equity capital: $7.5 mil Deposits held in domestic offices: $65.8 mil Return on assets (ROA): 0.23% ($0.2 mil) Quarterly return on assets: 0.83% ($0.6 mil) Return on Equity (ROE): 2.23% ($0.2 mil) Quarterly return on equity: 8.28% ($0.7 mil) Net income: $0.2 mil Quarterly Net income: $0.2 mil Pretax return on assets: 0.32% ($234.9 mil) Quarterly Pretax return on assets: 1.18% ($866.0 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
12Total employees (full-time equivalent)
$73,391Total assets
$3,821Cash and due from depository institutions
$1,328Interest-bearing balances
$16,199Securities
$0Federal funds sold & reverse repurchase agreements
$48,938Net loans & leases
$847Loan loss allowance
$0Trading account assets
$3,578Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$73,391Life insurance assets
$855All other assets
$65,858Total liabilities and capital
$65,769Total liabilities
$60,349Total deposits
$65,769Interest-bearing deposits
$88Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$89Subordinated debt
$7,533All other liabilities
$7,533Total equity capital
$7,533Total bank equity capital
$0Perpetual preferred stock
$4,125Common stock
$4,525Surplus
$-1,117Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$840Income earned, not collected on loans
$0Earning assets
$229Long-term assets (5+ years)
$66,465Average Assets, year-to-date
$16,618Average Assets, quarterly
$71,870Volatile liabilities
$73,609Insider loans
$52,772FHLB advances
$73,592Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$7,153Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,971Restructured Loans and leases
$935Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,036Total interest income
$788Total interest expense
$2,248Net interest income
$305Provision for loan and lease losses
$46Total noninterest income
$0Fiduciary activities
$24Service charges on deposit accounts
$0Trading account gains & fees
$22Additional noninterest income
$1,758Total noninterest expense
$875Salaries and employee benefits
$252Premises and equipment expense
$631Additional noninterest expense
$231Pre-tax net operating income
$0Securities gains (losses)
$69Applicable income taxes
$162Income before extraordinary items
$0Extraordinary gains - net
$162Net income attributable to bank
$0Net charge-offs
$162Cash dividends
$144Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.61%Yield on earning assets
1.20%Cost of funding earning assets
3.41%Net interest margin
0.07%Noninterest income to earning assets
2.67%Noninterest expense to earning assets
0.23%Net operating income to assets
0.23%Return on assets (ROA)
0.32%Pretax return on assets
2.23%Return on equity (ROE)
2.23%Retained earnings to average equity (YTD only)
0.30%Net charge-offs to loans
211.81%Credit loss provision to net charge-offs
3.72%Efficiency ratio
76,635Assets per employee
6.12%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.70%Loss allowance to noncurrent loans
100.83%Noncurrent assets plus other real estate owned to assets
1.14%Noncurrent loans to loans
1.69%Net loans and leases to deposits
74.41%Net loans and leases to core deposits
78.27%Equity capital to assets
10.26%Core capital (leverage) ratio
9.72%Tier 1 risk-based capital ratio
13.55%Total risk-based capital ratio
Memoranda
$15Average assets
$71,870Average earning assets
$7,254Average equity
$65,844Average loans
List of branches
1 Missouri Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
458816
Mrv Banks
871 Ste. Genevieve Drive, Sainte Genevieve, MO 63670
July 16, 2007
Full Service Brick and Mortar
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