UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from_______to________ Commission File Number: 001-41764 BV FINANCIAL, INC. (Exact Name of Registrant as Specified in Its Charter) Maryland 14-1920944 (State of ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from_______to________ Commission File Number: 001-41764 BV FINANCIAL, INC. (Exact Name of Registrant as Specified in Its Charter) Maryland 14-1920944 (State of Othe ...

Cash and Cash Equivalents. Cash and cash equivalents increased $16.9 million, or 23.0%, to $90.4 million at June 30, 2024 from $73.5 million at December 31, 2023. The increase in cash is a result of the increase in deposits and the decrease in other earning assets. Loans Receivable. Loans receivable decreased $2.4 million, or 0.3%, to $702.4 million at June 30,2024 from $704.8 million at December 31, 2023. Decreases in owner occupied commercial real estate, 1-4 family non-owner occupied loans and 1-4 family ...

UNITED STATES Washington, D.C. 20549 BV FINANCIAL, INC. (Exact Name of Registrant as Specified in Its Charter) 7114 North Point Road, Baltimore, MD, 21219 (Address of Principal Executive Offices) (Zip Code) (410) 477-5000 (Registrant's Telephone Number, Including Area Code) Not applicable (Former name, former address and former fiscal year, if changed since last report) Securities registered pursuant to Section 12(b) of Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Com ...

Banking crises may seem catastrophic when they hit the news cycle but they have become common in the 21st Century. As significant disruptions to the financial system, these failures are characterized by a loss of banking confidence and decreasing earnings. If left unchecked, these events can have severe consequences for the broader economy and retail investors. Thus investors with holdings in certain banking corporations should look out for finance stocks to sell before the next crisis.The most common failu ...

37 • Manage credit risk to maintain a low level of non-performing assets. We believe that maintaining strong asset quality is paramount to our long-term success. We follow conservative underwriting guidelines with sound loan administration, and focus on originating loans secured by real estate. This includes enhanced loan monitoring of higher risk portfolio segments, higher risk individual loans and larger relationships within the portfolio, and frequent loan grade review. Our non-performing assets totaled ...

It is probably fair to say that regional banks rely heavily upon the yield curve or, more specifically the slope of that curve. The slope determines the spread, or difference in rates that banks can charge for loans vs. the rate on deposits they must pay to fuel the lending. This is also known as NIM (Net Interest Margin), in some ways the Gross Margin for banks.The yield curve is a bit of shackle on demand for banking products and can tempt the typically conservative operators of regional banks to venture ...

BV FINANCIAL, INC. AND SUBSIDIARIES situation has persisted, (2) commitments by the FHLB to make payments required by law or regulation and (3) the impact of legislative and regulatory changes on institutions and, accordingly, on the customer base of the FHLB. Note 1 – Summary Of Significant Accounting Policies General Business On July 31, 2023, the Company completed its conversion from the mutual holding company form of reorganization to the stock holding company form of organization (the "Conversion"). In ...

SECURITIES AND EXCHANGE COMMISSION FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from_______to________ Commission File Number: 001-41764 Not applicable (Former name, former address and former fiscal year, if changed since last report) Indicate by check mark whether the registrant ( ...

| --- | --- | --- | --- | --- | --- | --- | --- | --- | |------------------------------|-------|------------------|-------|------------------------------|------------|-------------------------|-------|--------| | March 31, 2023 | | Amortized cost | | Gross unrealized gains \n(In | thousands) | Gross unrealized losses | Fair | value | | Available for sale | | | | | | | | | | Agencies | $ | 4,002 | $ | — | $ | 6 | $ | 3,996 | | Corporate securities | | 2,219 | | — | | 259 | | 1,960 | | Mortgage-backed securit ...