For the quarter ending 2025-09-30, BVFL made $21,260,000 in revenue. $3,730,000 in net income. Net profit margin of 17.54%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Loans, including fees | 11,519,000 | 11,334,000 | 10,741,000 | 10,160,333.333 |
| Investment securities available for sale | 329,000 | 324,000 | 350,000 | 322,000 |
| Investment securities held to maturity | 46,000 | 46,000 | 47,000 | 77,000 |
| Other interest income | 633,000 | 562,000 | 743,000 | 951,333.333 |
| Interest on fhlb borrowings | - | 23,000 | 171,000 | 500 |
| Total interest income | 12,527,000 | 12,266,000 | 11,881,000 | 11,510,666.667 |
| Interest on deposits | 2,712,000 | 2,622,000 | 2,601,000 | 2,220,333.333 |
| Interest on subordinated debentures | 465,000 | 465,000 | 466,000 | 661,666.667 |
| Total interest expense | 3,177,000 | 3,110,000 | 3,238,000 | 2,882,666.667 |
| Net interest income | 9,350,000 | 9,156,000 | 8,643,000 | 8,628,000 |
| (recovery of) provision for credit losses | -1,014,000 | 178,000 | 297,000 | 170,333.333 |
| Net interest income after provision for credit losses | 10,364,000 | 8,978,000 | 8,346,000 | 8,457,666.667 |
| Revenue-Deposit Account | 122,000 | 112,000 | - | - |
| Revenue-Debit Card | 183,000 | 177,000 | - | - |
| Income from investment in life insurance | 88,000 | 114,000 | 87,000 | 103,000 |
| Gain on foreclosed real estate | 26,000 | - | - | - |
| Revenue | - | - | 267,000 | 284,666.667 |
| (loss) on sale of fixed assets | -8,000 | - | - | - |
| Other income | 273,000 | 311,000 | 176,000 | 218,333.333 |
| Total noninterest income | 684,000 | 714,000 | 530,000 | 606,000 |
| Compensation and related benefits | 4,064,000 | 4,018,000 | 4,524,000 | 3,503,666.667 |
| Occupancy | 415,000 | 379,000 | 444,000 | 406,666.667 |
| Data processing | 372,000 | 395,000 | 397,000 | 371,333.333 |
| Advertising | 5,000 | 3,000 | 6,000 | 5,666.667 |
| Professional fees | 239,000 | 249,000 | 231,000 | 202,666.667 |
| Equipment | 92,000 | 94,000 | 91,000 | 99,666.667 |
| Foreclosed real estate and holding costs | 2,000 | 0 | 3,000 | 5,333.333 |
| Amortization of intangible assets | 45,000 | 45,000 | 45,000 | 45,333.333 |
| Fdic insurance premiums | 83,000 | 84,000 | 81,000 | 81,333.333 |
| Other | 561,000 | 488,000 | 356,000 | 620,000 |
| Total noninterest expense | 5,878,000 | 5,755,000 | 6,178,000 | 5,341,666.667 |
| Net income before tax | 5,170,000 | 3,937,000 | 2,698,000 | 3,722,000 |
| Income tax expense | 1,440,000 | 1,076,000 | 599,000 | 1,080,333.333 |
| Net income | 3,730,000 | 2,861,000 | 2,099,000 | 2,641,666.667 |
| Basic average shares | - | - | - | 2,669,750 |
| Basic earnings per share | 0.41 | 0.29 | 0.21 | 0.25 |
| Diluted earnings per share | 0.41 | 0.29 | 0.21 | 0.247 |
| Weighted average common shares outstanding, diluted | 9,079,000 | 9,859,000 | 9,895,000 | -14,000 |
BV Financial, Inc. (BVFL)
BV Financial, Inc. (BVFL)