XML 59 R47.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Loans and Allowance for Credit Losses - Narrative (Details) $ in Thousands | 3 Months Ended | 6 Months Ended | 12 Months Ended
--- | --- | --- | ---
Jun. 30, 2024 USD ($) loan | Jun. 30, 2023 USD ($) loan | Jun. 30, 2024 USD ($) loan category | Jun. 30, 2023 USD ($) loan | Dec. 31, 2023 USD ($)
Financing Receivable, Impaired [Line Items] |  |  |  |  |
Foreclosed properties held | $ 800 |  | $ 800 |  |
Number of points in internal risk rating system | category |  |  | 9 |  |
Number of categories in internal risk rating system considered as not criticized | category |  |  | 6 |  |
Commercial relationship credit review threshold amount | 1,000 |  | $ 1,000 |  |
Nonaccrual loan | 23,099 |  | 23,099 |  | $ 8,267
Total loans | 2,205,718 |  | 2,205,718 |  | 2,316,174
Liability for unfunded commitments | 1,100 |  | 1,100 |  | 1,000
Charge-offs | 1,538 | $ 3,700 | $ 3,688 | $ 8,547 | 18,479
Number of loans modified in period | loan |  |  | 16 |  |
Provision (release of allowance) for credit losses | 254 | (4,235) | $ 2,251 | 341 |
Number of borrowers with modified loans | loan |  |  | 15 |  |
Amortized cost of loans modified in period | 3,531 | 15,939 | $ 4,899 | 15,939 |
Loans defaulted under the restructured terms | 449 | 2,075 | 449 | 2,075 |
Total Past Due |  |  |  |  |
Financing Receivable, Impaired [Line Items] |  |  |  |  |
Total loans | 28,617 |  | 28,617 |  | 14,015
Total past due | 684 | 2,075 | 684 | 2,075 |
Unfunded Commitments |  |  |  |  |
Financing Receivable, Impaired [Line Items] |  |  |  |  |
Provision (release of allowance) for credit losses | $ 100 | (200) | $ 100 | (100) |
Minimum |  |  |  |  |
Financing Receivable, Impaired [Line Items] |  |  |  |  |
Percentage of commercial outstanding loan balances | 40.00% |  | 40.00% |  |
Maximum |  |  |  |  |
Financing Receivable, Impaired [Line Items] |  |  |  |  |
Percentage of commercial outstanding loan balances | 45.00% |  | 45.00% |  |
Total commercial |  |  |  |  |
Financing Receivable, Impaired [Line Items] |  |  |  |  |
Number foreclosed properties held | loan | 2 |  | 2 |  |
Nonaccrual loan | $ 21,515 |  | $ 21,515 |  | 7,680
Total loans | 1,514,576 |  | 1,514,576 |  | 1,601,688
Charge-offs | 896 | 127 | 1,877 | 268 |
Amortized cost of loans modified in period | 3,531 | 15,939 | 4,899 | 15,939 |
Loans defaulted under the restructured terms | 449 | 2,075 | 449 | 2,075 |
Total commercial | Total Past Due |  |  |  |  |
Financing Receivable, Impaired [Line Items] |  |  |  |  |
Total loans | 22,493 |  | 22,493 |  | 9,084
Total past due | 684 | 2,075 | 684 | 2,075 |
Total commercial | Construction loans |  |  |  |  |
Financing Receivable, Impaired [Line Items] |  |  |  |  |
Nonaccrual loan | 14,600 |  | 14,600 |  |
Total commercial | Subprime Consumer Automotive Segment |  |  |  |  |
Financing Receivable, Impaired [Line Items] |  |  |  |  |
Charge-offs | $ 900 |  |  |  |
Charge-off percentage | 60.00% |  |  |  |
Number of loans modified in period | loan | 5 |  |  |  |
Total commercial | Business |  |  |  |  |
Financing Receivable, Impaired [Line Items] |  |  |  |  |
Nonaccrual loan | $ 6,223 |  | 6,223 |  | 6,926
Total loans | 731,420 |  | 731,420 |  | 797,100
Charge-offs | 896 | 127 | 1,877 | 268 | 4,572
Amortized cost of loans modified in period | $ 3,531 | $ 4,563 | $ 4,899 | $ 4,563 |
Number of past due modified loans | loan | 2 |  | 2 |  |
Number of modified loans that has defaulted | loan | 1 | 1 | 1 | 1 |
Loans defaulted under the restructured terms | $ 449 | $ 2,075 | $ 449 | $ 2,075 |
Total commercial | Business | Total Past Due |  |  |  |  |
Financing Receivable, Impaired [Line Items] |  |  |  |  |
Total loans | 7,841 |  | 7,841 |  | 8,670
Number of past due modified loans | loan |  | 1 |  | 1 |
Total past due | $ 684 | $ 2,075 | $ 684 | $ 2,075 |
Total commercial | Business | Government-Guaranteed Collateral |  |  |  |  |
Financing Receivable, Impaired [Line Items] |  |  |  |  |
Number of loans modified in period | loan |  |  | 15 |  |
Amortized cost of loans modified in period |  |  | $ 4,700 |  |
Total commercial | Business | Government-Guaranteed Collateral | Total Past Due |  |  |  |  |
Financing Receivable, Impaired [Line Items] |  |  |  |  |
Number of past due modified loans | loan | 2 |  | 2 |  |
Residential real estate |  |  |  |  |
Financing Receivable, Impaired [Line Items] |  |  |  |  |
Number foreclosed properties held | loan | 1,000,000 |  | 1,000,000 |  |
Investment in loans in the process of foreclosure | $ 200 |  | $ 200 |  |
Nonaccrual loan | 1,318 |  | 1,318 |  | 82
Total loans | 655,985 |  | 655,985 |  | 672,547
Charge-offs | 0 | 0 | 0 | 22 | 400
Amortized cost of loans modified in period | 0 | 0 | 0 | 0 |
Loans defaulted under the restructured terms | 0 | 0 | 0 | 0 |
Residential real estate | Total Past Due |  |  |  |  |
Financing Receivable, Impaired [Line Items] |  |  |  |  |
Total loans | 3,406 |  | 3,406 |  | 2,008
Total past due | 0 | 0 | 0 | 0 |
Consumer |  |  |  |  |
Financing Receivable, Impaired [Line Items] |  |  |  |  |
Nonaccrual loan | 187 |  | 187 |  | 344
Total loans | 22,742 |  | 22,742 |  | 27,408
Charge-offs | 642 | 3,573 | 1,811 | 8,257 | 13,507
Amortized cost of loans modified in period | 0 | 0 | 0 | 0 |
Loans defaulted under the restructured terms | 0 | 0 | 0 | 0 |
Consumer | Total Past Due |  |  |  |  |
Financing Receivable, Impaired [Line Items] |  |  |  |  |
Total loans | 2,452 |  | 2,452 |  | $ 2,914
Total past due | 0 | $ 0 | $ 0 | $ 0 |
Consumer | Subprime Consumer Automotive Segment |  |  |  |  |
Financing Receivable, Impaired [Line Items] |  |  |  |  |
Charge-offs | $ 600 |  |  |  |
Charge-off percentage | 40.00% |  |  |  |

X
- Definition Financing Receivable, Credit Quality, Percentage of Commercial Outstanding Loan Balances + References No definition available. + Details
Name: | mvbf_FinancingReceivableCreditQualityPercentageOfCommercialOutstandingLoanBalances
Namespace Prefix: | mvbf_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Financing Receivable, Credit Quality, Relationship Threshold For Review + References No definition available. + Details
Name: | mvbf_FinancingReceivableCreditQualityRelationshipThresholdForReview
Namespace Prefix: | mvbf_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, Percentage + References No definition available. + Details
Name: | mvbf_FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoffPercentage
Namespace Prefix: | mvbf_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Financing Receivable, Excluding Accrued Interest, Modified, After 12 Months, Number + References No definition available. + Details
Name: | mvbf_FinancingReceivableExcludingAccruedInterestModifiedAfter12MonthsNumber
Namespace Prefix: | mvbf_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Financing Receivable, Excluding Accrued Interest, Modified In Period, Number + References No definition available. + Details
Name: | mvbf_FinancingReceivableExcludingAccruedInterestModifiedInPeriodNumber
Namespace Prefix: | mvbf_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Financing Receivable, Excluding Accrued Interest, Modified In Period, Number Of Borrowers + References No definition available. + Details
Name: | mvbf_FinancingReceivableExcludingAccruedInterestModifiedInPeriodNumberOfBorrowers
Namespace Prefix: | mvbf_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Financing Receivable, Modified, Subsequent Default, Number + References No definition available. + Details
Name: | mvbf_FinancingReceivableModifiedSubsequentDefaultNumber
Namespace Prefix: | mvbf_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Impaired Financing Receivable Recorded Investment, Foreclosures + References No definition available. + Details
Name: | mvbf_ImpairedFinancingReceivableRecordedInvestmentForeclosures
Namespace Prefix: | mvbf_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Represents the recorded investment amount of loans in process of foreclosure. + References No definition available. + Details
Name: | mvbf_ImpairedFinancingReceivableRecordedInvestmentInProcessOfForeclosure
Namespace Prefix: | mvbf_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Represents the number of categories in internal risk rating system, which are considered as not criticized. + References No definition available. + Details
Name: | mvbf_LoanPortfolioInternalRiskRatingSystemConsideredAsNotCriticizedCategoriesNumber
Namespace Prefix: | mvbf_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the number of points in internal risk rating system used by bank management to monitor the credit quality of the overall loan portfolio. + References No definition available. + Details
Name: | mvbf_LoanPortfolioInternalRiskRatingSystemPointsNumber
Namespace Prefix: | mvbf_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the number of loans in process of foreclosure. + References No definition available. + Details
Name: | mvbf_NumberOfLoansInProcessOfForeclosure
Namespace Prefix: | mvbf_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition The fair value of financial liabilities, which are not recognized in the financial statements (off-balance sheet) because they fail to meet some other criterion for recognition. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-10 + Details
Name: | us-gaap_FairValueDisclosureOffbalanceSheetRisksAmountLiability
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

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
- Definition Amortized cost excluding accrued interest, before allowance for credit loss, fee, and loan in process, of financing receivable. Excludes net investment in lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(7)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478546/942-210-S99-1 + Details
Name: | us-gaap_FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossFeeAndLoanInProcess
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount, excluding accrued interest, of credit loss expense (reversal of expense) on financing receivable. 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 (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-13 + Details
Name: | us-gaap_FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amortized cost excluding accrued interest, of financing receivable 12 months after modification for debtor experiencing financial difficulty. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Subparagraph (a)(3) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-42 + Details
Name: | us-gaap_FinancingReceivableExcludingAccruedInterestModifiedPast12Months
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amortized cost excluding accrued interest, of financing receivable modified during period for debtor experiencing financial difficulty. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Subparagraph (a)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-42 + Details
Name: | us-gaap_FinancingReceivableExcludingAccruedInterestModifiedPeriod
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amortized cost excluding accrued interest, of financing receivable on nonaccrual status. 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 16 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-16 + Details
Name: | us-gaap_FinancingReceivableExcludingAccruedInterestNonaccrual
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_FinancingReceivableImpairedLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amortized cost of financing receivable with payment default in current period and modified within previous 12 months preceding payment default for debtor experiencing financial difficulty. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 34 -Subparagraph (a)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-34 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 12A -Publisher FASB -URI https://asc.fasb.org/1943274/2147481933/310-10-55-12A Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 44 -Subparagraph (a)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-44 + Details
Name: | us-gaap_FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Details
Name: | us-gaap_FinancingReceivablesPeriodPastDueAxis=us-gaap_FinancialAssetPastDueMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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

X
- Details
Name: | srt_RangeAxis=srt_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MaximumMember
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_ConstructionLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=mvbf_SubprimeConsumerAutomotiveSegmentMember
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_CollateralAxis=us-gaap_GovernmentGuaranteedCollateralMember
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=us-gaap_ConsumerPortfolioSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |