MVB金融公司2025年季度报告

SECURITIES AND EXCHANGE COMMISSION (Mark One)☒QUARTERLY REPORT PURSUANT TO SECTION13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period endedMarch 31, 2025or☐TRANSITION REPORT UNDER SECTION13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from__________to __________. Large accelerated filer☐Accelerated filer☒Non-accelerated filer☐Smaller reporting company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with anynew or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark if the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act). Yes☐No☒ Indicate the number of shares outstanding of each of the issuer's classes of common stock as of the latest practicable date: TABLE OF CONTENTS PagePART IFINANCIAL INFORMATION5Item 1Financial Statements5Consolidated Balance Sheets5Consolidated Statements of Income6Consolidated Statements of Comprehensive Income8Consolidated Statements of Changes in Stockholders’ Equity9Consolidated Statements of Cash Flows10Notes to the Consolidated Financial Statements11Item 2Management’s Discussion and Analysis of Financial Condition and Results of Operations40Item 3Quantitative and Qualitative Disclosures About Market Risk50Item 4Controls and Procedures50PART IIOTHER INFORMATION51Item 1Legal Proceedings51Item 1ARisk Factors51Item 2Unregistered Sales of Equity Securities and Use of Proceeds51Item 3Defaults Upon Senior Securities51Item 4Mine Safety Disclosures51Item 5Other Information51Item 6Exhibits52SIGNATURES53 Forward-Looking Statements: Statements in this Quarterly Report on Form 10-Q, other than statements that are based on historical data, are “forward-lookingstatements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements provide currentexpectations or forecasts of future events and include, among others, statements with respect to the beliefs, plans, objectives, goals,guidelines, expectations, anticipations and future financial condition, results of operations and performance of the Company and its These forward-looking statements are not guarantees of future performance, nor should they be relied upon as representing our view asof any subsequent date. Forward-looking statements involve significant risks and uncertainties (both known and unknown) and actualresults may differ materially from those presented, either expressed or implied, including, but not limited to, those presented inItem 2, interest rate fluctuations in response to economic conditions and the policies of various governmental and regulatory agencies;the impact of the new U.S. presidential administration on regulatory, policy and legislative landscapes, financial markets and changes in the economy, which could materially impact credit quality trends and the ability to generate loans and gather deposits;industry factors and general economic and political conditions and events, such as economic slowdowns or recessions, nationally and in the markets in which we operate; lchanges in financial market conditions in areas in which we conduct operations, including, without limitation, changes in depositflows, the cost of funds, reduced rates of business formation and growth, commercial and residential real estate development andreal estate prices; sectors;our ability to recruit, retain and train talented employees and executives with such knowledge, experience and industry expertise tounderstand and comply with evolving legislation and regulations and to successfully implement succession plans for such employees and executives;our ability to adapt to technological change, including our ability to assess and monitor the effect of artificial intelligence on our business and operations, and to successfully execute business plans, manage risks and achieve objectives, including strategiesrelated to investments in Fintech; market, economic, operational, liquidity, credit and interest rate risks associated with our business;changes, volatility and disruption in local, national and international political and economic conditions, including, without limitation, the imposition of international trade policies and any retaliatory responses thereto, significant developments such aswars, natural disasters, epidemics and pandemics, military actions, terrorist attacks and geopolitical conflict and any governmental climate change, severe weather and natural disasters which could have a material adverse effect on our business, financial condition and results of operations; unanticipated changes in our liquidity position, including, but not limited to, changes in access to sources of liquidity and capital toaddress our liquidity needs; changes in volume or composition of deposits, including certain concentrations with large customers and industrie