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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=176). 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

16

Q2 2024Q2 2026peer median (50)

Asset Quality

21

Q2 2024Q2 2026peer median (50)

Profitability

65

Q2 2024Q2 2026peer median (50)

Liquidity

40

Q2 2024Q2 2026peer median

Efficiency

35

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 2026-10-11

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 2026-10-11

MVB Bank, Inc.

Fairmont, WV · Cert 34603 · Peer group: banks $1B-$10B in assets operating regionally (n=176) · 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 176).
  • Widest gap: total risk-based capital ratio trails 93% of banks $1B-$10B in assets operating regionally (rank 164 of 176).
  • Overall: at or above the peer median on 3 of 9 directional measures.

Return on Assets

1.37%

Rank 66 of 176

Net Interest Margin

3.67%

Rank 76 of 176

Efficiency Ratio

64.29%

Rank 116 of 176

Equity / Assets

9.50%

Rank 121 of 176

Non-interest income vs. expense

$25.3M$96.5MINCOMEEXPENSE
Unfavorable gap of $71.2M · efficiency ratio beats 35% of banks $1B-$10B in assets operating regionally
Bank 64.29%Peer median 59.6%Q2 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.37%0.93%1.26%1.54%Beats 63%66 / 176
Return on Equity14.41%9.26%11.89%14.46%Beats 74%46 / 176
Net Interest Margin3.67%3.25%3.59%3.93%Beats 57%76 / 176
Efficiency Ratio64.29%52.79%59.55%67.66%Beats 35%116 / 176
Asset Quality
Nonperforming Loans / Loans1.18%0.30%0.64%1.32%Beats 27%129 / 176
Net Charge-Offs / Loans0.15%0.01%0.04%0.10%Beats 15%150 / 176
Capital
Tier 1 Capital Ratio10.27%11.15%12.72%14.15%Beats 10%159 / 176
Total Risk-Based Capital Ratio10.27%11.81%13.63%15.33%Beats 7%164 / 176
Equity / Assets9.50%9.16%10.35%11.80%Beats 31%121 / 176
Liquidity & Funding
Loans / Deposits79.45%80.94%89.73%97.21%20th pctl141 / 176
Loans / Assets70.81%69.25%75.12%80.82%31st pctl122 / 176
Brokered Deposits / Depositsn/aNot reported for this institution