BV Financial(BVFL) - 2024 Q2 - Quarterly Results

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 ...