XML 106 R71.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Loans and Allowance for Credit Losses - Allowance (Details) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021
Changes in the allowance for loan losses |  |  |
Balance at beginning of period | $ 23,837 | $ 18,266 | $ 25,844
Provision (release of allowance) for credit losses | (1,318) | 14,194 | (6,275)
Initial allowance on loans purchased with credit deterioration | 1,217 |  |
Charge-offs | (18,479) | (15,183) | (1,619)
Recoveries | 9,185 | 6,560 | 316
Balance at end of period | 22,124 | 23,837 | 18,266
Individually evaluated for impairment | 1,643 | 1,743 | 475
Collectively evaluated for impairment |  | 22,094 | 17,791
Cumulative Effect, Period of Adoption, Adjustment |  |  |
Changes in the allowance for loan losses |  |  |
Balance at beginning of period | 7,682 |  |
Balance at end of period |  | 7,682 |
Total Commercial |  |  |
Changes in the allowance for loan losses |  |  |
Balance at beginning of period | 15,539 | 14,100 | 24,033
Provision (release of allowance) for credit losses | 3,347 | 4,114 | (8,797)
Initial allowance on loans purchased with credit deterioration | 710 |  |
Charge-offs | (4,572) | (2,858) | (1,367)
Recoveries | 196 | 183 | 231
Balance at end of period | 12,536 | 15,539 | 14,100
Individually evaluated for impairment | 1,583 | 1,475 | 475
Collectively evaluated for impairment |  | 14,064 | 13,625
Total Commercial | Cumulative Effect, Period of Adoption, Adjustment |  |  |
Changes in the allowance for loan losses |  |  |
Balance at beginning of period | (2,684) |  |
Balance at end of period |  | (2,684) |
Total Commercial | Business |  |  |
Changes in the allowance for loan losses |  |  |
Balance at beginning of period | 8,771 | 8,027 | 12,193
Provision (release of allowance) for credit losses | 2,954 | 3,546 | (3,113)
Initial allowance on loans purchased with credit deterioration | 710 |  |
Charge-offs | (4,572) | (2,858) | (1,284)
Recoveries | 194 | 56 | 231
Balance at end of period | 7,931 | 8,771 | 8,027
Individually evaluated for impairment | 1,583 | 1,253 | 232
Collectively evaluated for impairment |  | 7,518 | 7,795
Total Commercial | Business | Cumulative Effect, Period of Adoption, Adjustment |  |  |
Changes in the allowance for loan losses |  |  |
Balance at beginning of period | (126) |  |
Balance at end of period |  | (126) |
Total Commercial | Real estate |  |  |
Changes in the allowance for loan losses |  |  |
Balance at beginning of period | 5,704 | 5,091 | 9,079
Provision (release of allowance) for credit losses | 71 | 486 | (3,905)
Initial allowance on loans purchased with credit deterioration | 0 |  |
Charge-offs | 0 | 0 | (83)
Recoveries | 2 | 127 | 0
Balance at end of period | 2,931 | 5,704 | 5,091
Individually evaluated for impairment | 0 | 222 | 243
Collectively evaluated for impairment |  | 5,482 | 4,848
Total Commercial | Real estate | Cumulative Effect, Period of Adoption, Adjustment |  |  |
Changes in the allowance for loan losses |  |  |
Balance at beginning of period | (2,846) |  |
Balance at end of period |  | (2,846) |
Total Commercial | Acquisition, development and construction |  |  |
Changes in the allowance for loan losses |  |  |
Balance at beginning of period | 1,064 | 982 | 2,761
Provision (release of allowance) for credit losses | 322 | 82 | (1,779)
Initial allowance on loans purchased with credit deterioration | 0 |  |
Charge-offs | 0 | 0 | 0
Recoveries | 0 | 0 | 0
Balance at end of period | 1,674 | 1,064 | 982
Individually evaluated for impairment | 0 | 0 | 0
Collectively evaluated for impairment |  | 1,064 | 982
Total Commercial | Acquisition, development and construction | Cumulative Effect, Period of Adoption, Adjustment |  |  |
Changes in the allowance for loan losses |  |  |
Balance at beginning of period | 288 |  |
Balance at end of period |  | 288 |
Residential |  |  |
Changes in the allowance for loan losses |  |  |
Balance at beginning of period | 2,880 | 1,492 | 1,462
Provision (release of allowance) for credit losses | (541) | 1,472 | 35
Initial allowance on loans purchased with credit deterioration | 507 |  |
Charge-offs | (400) | (84) | (5)
Recoveries | 77 | 0 | 0
Balance at end of period | 6,412 | 2,880 | 1,492
Individually evaluated for impairment | 0 | 0 | 0
Collectively evaluated for impairment |  | 2,880 | 1,492
Residential | Cumulative Effect, Period of Adoption, Adjustment |  |  |
Changes in the allowance for loan losses |  |  |
Balance at beginning of period | 3,889 |  |
Balance at end of period |  | 3,889 |
Home equity lines of credit |  |  |
Changes in the allowance for loan losses |  |  |
Balance at beginning of period | 131 | 128 | 298
Provision (release of allowance) for credit losses | (33) | (4) | (194)
Initial allowance on loans purchased with credit deterioration | 0 |  |
Charge-offs | 0 | 0 | 0
Recoveries | 4 | 7 | 24
Balance at end of period | 97 | 131 | 128
Individually evaluated for impairment | 0 | 0 | 0
Collectively evaluated for impairment |  | 131 | 128
Home equity lines of credit | Cumulative Effect, Period of Adoption, Adjustment |  |  |
Changes in the allowance for loan losses |  |  |
Balance at beginning of period | (5) |  |
Balance at end of period |  | (5) |
Consumer |  |  |
Changes in the allowance for loan losses |  |  |
Balance at beginning of period | 5,287 | 2,546 | 51
Provision (release of allowance) for credit losses | (4,091) | 8,612 | 2,681
Initial allowance on loans purchased with credit deterioration | 0 |  |
Charge-offs | (13,507) | (12,241) | (247)
Recoveries | 8,908 | 6,370 | 61
Balance at end of period | 3,079 | 5,287 | 2,546
Individually evaluated for impairment | 60 | 268 | 0
Collectively evaluated for impairment |  | 5,019 | $ 2,546
Consumer | Cumulative Effect, Period of Adoption, Adjustment |  |  |
Changes in the allowance for loan losses |  |  |
Balance at beginning of period | $ 6,482 |  |
Balance at end of period |  | $ 6,482 |

X
- Definition Financing Receivable, Excluding Accrued Interest, Credit Loss Expense (Reversal), Excluding Unfunded Commitments + References No definition available. + Details
Name: | mvbf_FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversalExcludingUnfundedCommitments
Namespace Prefix: | mvbf_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount excluding accrued interest, of allowance for credit loss on financing receivable. Excludes net investment in lease. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479344/326-20-45-1 + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The valuation allowance for financing receivables that are expected to be uncollectible that were collectively evaluated for impairment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 11B -Subparagraph (g) -SubTopic 10 -Topic 310 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481962/310-10-50-11B + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of valuation allowance for financing receivables that are expected to be uncollectible that were individually evaluated for impairment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 11B -Subparagraph (g) -SubTopic 10 -Topic 310 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481962/310-10-50-11B + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. + References No definition available. + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossesRollForward
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount, excluding accrued interest, of increase in allowance for credit loss on financing receivable from purchase of loan. Excludes financing receivable purchased with credit deterioration, loan acquired through business combination or acquisition, and net investment in lease. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479319/326-20-50-13 + Details
Name: | us-gaap_FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossLoanPurchased
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount, excluding accrued interest, of increase in allowance for credit loss on financing receivable from recovery. Excludes net investment in lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479319/326-20-50-13 + Details
Name: | us-gaap_FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount, excluding accrued interest, of decrease in allowance for credit loss on financing receivable from writeoff. Excludes net investment in lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479319/326-20-50-6 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479319/326-20-50-13 + Details
Name: | us-gaap_FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Details
Name: | srt_CumulativeEffectPeriodOfAdoptionAxis=srt_CumulativeEffectPeriodOfAdoptionAdjustmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablePortfolioSegmentAxis=us-gaap_CommercialPortfolioSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=us-gaap_CommercialLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=us-gaap_CommercialRealEstateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=mvbf_CommercialAcquisitionAndDevelopmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablePortfolioSegmentAxis=us-gaap_ResidentialPortfolioSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablePortfolioSegmentAxis=mvbf_HomeEquityPortfolioSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablePortfolioSegmentAxis=us-gaap_ConsumerPortfolioSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |