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MVB Financial Corp. MVBF CoRe Banking — Equipment depreciation and maintenance
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Where this comes from
Reported directly by MVB Financial Corp. in its filing.
Tagged under the XBRL concept us-gaap:EquipmentExpense.
The source filing: MVB Financial Corp.’s 10-Q, filed August 5, 2026.
- Filed
- Aug 5, 2026, 4:43 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001277902-26-000084
| Three Months Ended June 30, 2026 | Co Re Banking | Mortgage Banking | Financial Holding Company | Other | Intercompany Eliminations | Consolidated |
|---|---|---|---|---|---|---|
| Noninterest Expenses: | ||||||
| Salaries and employee benefits | 11,498 | — | 6,008 | 135 | — | 17,641 |
| Occupancy expense | 1,313 | — | 146 | — | (146) | 1,313 |
| Equipment depreciation and maintenance | 398 | — | 113 | 78 | — | 589 |
| Data processing and communications | 1,355 | — | 80 | 2 | — | 1,437 |
| Professional fees | 1,368 | — | 1,557 | — | (210) | 2,715 |
| Other expenses1 | 9,118 | (8) | 1,066 | 113 | (3,574) | 6,715 |
| Total noninterest expenses | 25,050 | (8) | 8,970 | 328 | (3,930) | 30,410 |
Item 1 – Financial Statements
FAQ
- What is MVB Financial Corp.'s core banking — equipment depreciation and maintenance?
- MVB Financial Corp. (MVBF) reported core banking — equipment depreciation and maintenance of $398K in Q2 2026.
- How has MVB Financial Corp.'s core banking — equipment depreciation and maintenance changed year-over-year?
- MVB Financial Corp.'s core banking — equipment depreciation and maintenance decreased by 3.9% year-over-year, from $414K to $398K.
- What is the long-term trend for MVB Financial Corp.'s core banking — equipment depreciation and maintenance?
- Over 3 years (2022 to 2025), MVB Financial Corp.'s core banking — equipment depreciation and maintenance has grown at a -21.8% compound annual growth rate (CAGR), from $3.33M to $1.59M.
- What does core banking — equipment depreciation and maintenance mean?
- Expenses related to the wear and tear, upkeep, and periodic replacement of banking equipment, such as ATMs, computer hardware, and security systems. It represents the ongoing capital maintenance required to support banking infrastructure.
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