BV Financial Inc (BVFL) is a bank holding company that operates BayVanguard Bank, a community bank offering deposit accounts and real estate, consumer, and commercial loans. It earns money primarily through net interest income, the spread between interest collected on loans and interest paid on deposits. Real estate loans dominated the loan portfolio as of December 31, 2025, representing 93.20% of total loans, with commercial investor real estate alone accounting for 42.64% of total loans. The bank held approximately $183.0 million in available liquidity as of December 31, 2025, including $55.5 million in cash, $107.6 million in secured borrowing capacity at the FHLB of Atlanta, and $20.0 million in an unsecured line of credit. BV Financial is classified as an emerging growth company and is regulated by the Federal Reserve Board, while BayVanguard Bank is supervised by the OCFR and the FDIC.

Revenue model

Net interest income from the spread between loan interest collected and deposit interest paid. Loan categories include one-to-four family residential, commercial real estate, construction and land, farm, marine and consumer, and commercial loans.

Products and services

Deposit accounts including certificates of deposit; real estate loans (one-to-four family owner-occupied and non-owner-occupied, commercial owner-occupied, commercial investor, construction and land, farm); marine and other consumer loans; commercial loans; securities investments.

Customers and end markets

Retail depositors, residential mortgage borrowers, commercial real estate investors, small and mid-sized businesses, and consumer borrowers in the bank's local market area.

Value-chain role

Community bank and deposit-taking institution; originates and holds loans on balance sheet; relies on FHLB of Atlanta secured borrowing capacity for liquidity.

Geographic exposure

Local market area served by BayVanguard Bank; FHLB of Atlanta membership indicates Mid-Atlantic or Southeast U.S. footprint.

Source: SEC 10-K, filed 2026-03-27

Industry: Savings Institution, Federally Chartered Peers: Bogota Financial Corp OP Bancorp Oconee Federal Financial Corp Randolph Bancorp, Inc. Rocket Companies Inc Security National Financial Corp Territorial Bancorp Inc. Western New England Bancorp Inc William Penn Bancorporation