BV Financial, Inc.
For the period ended Sep 30, 2025. Filed Nov 13, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 13, 2025
BVFL$21.27-3.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Income
| (dollars in thousands, except per share amounts) | Three Months Ended September 30, | Nine Months Ended September 30, | ||
|---|---|---|---|---|
| Interest Income | 2025 | 2024 | 2025 | 2024 |
| Loans, including fees | $11,519 | $10,522 | $33,594 | $30,481 |
| Investment securities available for sale | 329 | 353 | 1,003 | 966 |
| Investment securities held to maturity | 46 | 83 | 139 | 266 |
| Other interest income | 633 | 1,192 | 1,938 | 3,058 |
| Total interest income | 12,527 | 12,150 | 36,674 | 34,771 |
| Interest Expense | ||||
| Interest on deposits | 2,712 | 2,381 | 7,935 | 6,610 |
| Interest on FHLB borrowings | — | — | 194 | — |
| Interest on subordinated debentures | 465 | 466 | 1,396 | 1,985 |
| Total interest expense | 3,177 | 2,847 | 9,525 | 8,595 |
| Net interest income | 9,350 | 9,303 | 27,149 | 26,176 |
| (Recovery of) provision for credit losses | (1,014) | (714) | (539) | (806) |
| Net interest income after provision for credit losses | 10,364 | 10,017 | 27,688 | 26,982 |
| Noninterest Income | ||||
| Service fees on deposits | 122 | 103 | 337 | 303 |
| Fees from debit cards | 183 | 175 | 524 | 529 |
| Income from investment in life insurance | 88 | 91 | 289 | 290 |
| Gain on foreclosed real estate | 26 | — | 26 | — |
| (Loss) on sale of fixed assets | (8) | — | (8) | — |
| Other income | 273 | 327 | 760 | 747 |
| Total noninterest income | 684 | 696 | 1,928 | 1,869 |
| Noninterest Expense | ||||
| Compensation and related benefits | 4,064 | 3,494 | 12,606 | 9,714 |
| Occupancy | 415 | 396 | 1,238 | 1,242 |
| Data processing | 372 | 366 | 1,164 | 1,117 |
| Advertising | 5 | 6 | 14 | 16 |
| Professional fees | 239 | 400 | 718 | 757 |
| Equipment | 92 | 97 | 278 | 301 |
| Foreclosed real estate and holding costs | 2 | (3) | 5 | 13 |
| Amortization of intangible assets | 45 | 45 | 135 | 135 |
| FDIC insurance premiums | 83 | 82 | 247 | 246 |
| Other | 561 | 590 | 1,405 | 1,751 |
| Total noninterest expense | 5,878 | 5,473 | 17,810 | 15,292 |
| Net income before tax | 5,170 | 5,240 | 11,806 | 13,559 |
| Income tax expense | 1,440 | 1,442 | 3,116 | 3,788 |
| Net income | $3,730 | $3,798 | $8,690 | $9,771 |
| Basic earnings per share | $0.41 | $0.35 | $0.89 | $0.91 |
| Diluted earnings per share | $0.41 | $0.35 | $0.88 | $0.91 |
See notes to consolidated financial statements. 2
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