Subsequent Event

9 Months Ended

Sep. 30, 2013

Subsequent Event

Subsequent Event

Note 11 — Subsequent Event

On October 23, 2013, the Company and the Bank have entered into a Purchase and Assumption Agreement with CFG Community Bank (“CFG”) and its parent, Capital Funding Bancorp, Inc., to purchase certain assets and assume certain liabilities of CFG and its subsidiaries for approximately $30 million in cash and MVB Financial common shares.

Consummation of this transaction is subject to certain customary closing conditions, including requisite regulatory approvals and material third-party consents, the absence of certain legal impediments to the consummation of the transaction and subject to certain exceptions, the accuracy of the representations and warranties and compliance with the covenants of each party.