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MVB Bank, Inc.

Fairmont, WV · Cert 34603 · MVB Financial Corp.

State charter, non-member · FDIC · 7 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks $1B-$10B in assets operating regionally3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Banks $1B-$10B in assets operating regionally (n=178). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

15

Q2 2024Q2 2026peer median (50)

Asset Quality

20

Q2 2024Q2 2026peer median (50)

Profitability

65

Q2 2024Q2 2026peer median (50)

Liquidity

37

Q2 2024Q2 2026peer median

Efficiency

34

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-10

MVB Bank, Inc.

Fairmont, WV · Cert 34603 · MVB Financial Corp.

State charter, non-member · FDIC · 7 branches

Q2 2026

$3.5BAssets
$2.5BLoans
$3.1BDeposits
$332.4MEquity
Loan mix
79%RE $1.9B19%C&I $0.5B1%Consumer $0.0BQ2 2025Q2 2026
Deposit mix
66%Interest-bearing $2.0B34%Noninterest $1.1BQ2 2025Q2 2026

NIM

5.92%Q2 ’245.54%Q2 ’255.45%Q2 ’26-5%+4%

Non-interest income vs. expense

3.16%Q2 ’243.08%Q2 ’252.82%Q2 ’26+2%-8%

Market Position · Morgantown, WV · 2026 SOD (annual) · 24.0% share · #2 of 13 inst. · $1.4B of $5.7B

26.5% Monongalia
63.0% Marion
0.2% Fairfax
10.2% Harrison

Executive Summary

  • Earnings: ROA of 1.43%, up 52 bps year over year; NIM at 3.67%.
  • Asset quality: problem loans at 1.18% of loans (-63 bps YoY), with net charge-offs at 0.23%.
  • Capital: tier 1 leverage ratio of 10.27%, down 110 bps from a year ago.
  • Funding: loans stand at 79.45% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.43%+52 bps YoY

Net Interest Margin (YTD, annualized)

3.67%+15 bps YoY

Efficiency Ratio (YTD, annualized)

64.29%-719 bps YoY

Tier 1 Leverage Ratio

10.27%-110 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.91%1.55%1.46%1.00%1.43%+52 bps
Return on Equity8.63%14.60%13.74%9.65%14.24%+561 bps
Net Interest Margin3.52%3.36%3.38%3.49%3.67%+15 bps
Efficiency Ratio71.48%55.91%59.33%66.11%64.29%-719 bps
Non-Interest Burden2.27%0.93%1.30%2.05%2.08%-19 bps
Growth
Asset Growth (YoY)-2.16%-5.77%5.80%10.22%9.95%+1,211 bps
Loan Growth (YoY)-2.42%4.06%11.57%16.50%15.00%+1,743 bps
Deposit Growth (YoY)-2.83%-7.55%5.29%12.09%10.92%+1,375 bps
Asset Quality
Nonperforming Loans / Loans1.81%1.16%1.31%1.45%1.18%-63 bps
Net Charge-Offs / Loans0.10%0.10%0.24%0.25%0.23%+14 bps
Allowance / Loans0.97%1.03%0.93%0.94%1.14%+17 bps
Allowance Coverage of NPLs0.5x0.9x0.7x0.7x1.0x+0.4x
Capital
Tier 1 Leverage Ratio11.38%11.10%11.14%10.15%10.27%-110 bps
Total Risk-Based Capital11.38%11.10%11.14%10.15%10.27%-110 bps
Equity / Assets10.11%10.79%10.75%9.94%9.50%-61 bps
Liquidity & Funding
Loans / Deposits76.63%81.23%82.23%82.82%79.45%+282 bps
Liquid Assets / Assets11.98%8.89%6.57%4.82%8.33%-365 bps
CRE / Total Capitaln/a355%371%386%n/an/a

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-10

MVB Bank, Inc.

Fairmont, WV · Cert 34603 · Peer group: banks $1B-$10B in assets operating regionally (n=178) · MVB Financial Corp.

State charter, non-member · FDIC · 7 branches

Q2 2026

$3.5BAssets
$2.5BLoans
$3.1BDeposits
$332.4MEquity

Executive Summary

  • Strongest standing: return on equity outperforms 74% of banks $1B-$10B in assets operating regionally (rank 46 of 178).
  • Widest gap: total risk-based capital ratio trails 94% of banks $1B-$10B in assets operating regionally (rank 168 of 178).
  • Overall: at or above the peer median on 3 of 9 directional measures.

Return on Assets

1.37%

Rank 66 of 178

Net Interest Margin

3.67%

Rank 74 of 178

Efficiency Ratio

64.29%

Rank 119 of 178

Equity / Assets

9.50%

Rank 121 of 178

Non-interest income vs. expense

$25.3M$96.5MINCOMEEXPENSE
Unfavorable gap of $71.2M · efficiency ratio beats 34% of banks $1B-$10B in assets operating regionally
Bank 64.29%Peer median 58.9%Q2 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.37%0.91%1.25%1.53%Beats 63%66 / 178
Return on Equity14.41%9.18%11.89%14.44%Beats 74%46 / 178
Net Interest Margin3.67%3.22%3.56%3.91%Beats 58%74 / 178
Efficiency Ratio64.29%52.04%58.90%67.10%Beats 34%119 / 178
Asset Quality
Nonperforming Loans / Loans1.18%0.29%0.60%1.26%Beats 26%132 / 178
Net Charge-Offs / Loans0.15%0.01%0.03%0.10%Beats 14%154 / 178
Capital
Tier 1 Capital Ratio10.27%11.19%12.72%14.14%Beats 8%163 / 178
Total Risk-Based Capital Ratio10.27%11.91%13.63%15.33%Beats 6%168 / 178
Equity / Assets9.50%9.12%10.35%11.80%Beats 32%121 / 178
Liquidity & Funding
Loans / Deposits79.45%80.94%89.92%97.12%20th pctl142 / 178
Loans / Assets70.81%69.25%75.52%80.96%30th pctl124 / 178
Brokered Deposits / Depositsn/aNot reported for this institution