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MVB Financial Corp. MVBF CoRe Banking — Salaries and employee benefits
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Where this comes from
Reported directly by MVB Financial Corp. in its filing.
Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.
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 |
|---|---|---|---|---|---|---|
| Net interest income (expense) after provision for credit losses | 28,195 | 103 | (701) | — | — | 27,597 |
| Noninterest income | 17,083 | 1,833 | 3,600 | 210 | (3,930) | 18,796 |
| 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 |
Item 1 – Financial Statements
FAQ
- What is MVB Financial Corp.'s core banking — salaries and employee benefits?
- MVB Financial Corp. (MVBF) reported core banking — salaries and employee benefits of $11.5M in Q2 2026.
- How has MVB Financial Corp.'s core banking — salaries and employee benefits changed year-over-year?
- MVB Financial Corp.'s core banking — salaries and employee benefits increased by 23.0% year-over-year, from $9.35M to $11.5M.
- What is the long-term trend for MVB Financial Corp.'s core banking — salaries and employee benefits?
- Over 4 years (2021 to 2025), MVB Financial Corp.'s core banking — salaries and employee benefits has grown at a 5.8% compound annual growth rate (CAGR), from $33.6M to $42.13M.
- What does core banking — salaries and employee benefits mean?
- The total compensation costs, including wages, bonuses, and benefits, for personnel dedicated to the banking segment. This is typically the largest component of noninterest expense and reflects the human capital investment required to support operations.
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