Call reports 2008
FIRST NATIONAL BANK OF MOUNT VERNON, THE — 2008
What FIRST NATIONAL BANK OF MOUNT VERNON, THE reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 126,605,000 | 122,202,000 | 127,615,000 | 131,662,000 |
| Total loans | 63,281,000 | 62,447,000 | 63,316,000 | 65,182,000 |
| Allowance for loan losses | 541,000 | 560,000 | 568,000 | 652,000 |
| Securities available for sale | 51,230,000 | 53,729,000 | 57,890,000 | 59,913,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 100,049,000 | 96,447,000 | 101,565,000 | 104,074,000 |
| Interest-bearing deposits | 83,295,000 | 64,689,000 | 71,684,000 | 85,876,000 |
| Noninterest-bearing deposits | 16,754,000 | 31,758,000 | 29,881,000 | 18,198,000 |
| Equity capital | 12,102,000 | 11,399,000 | 12,527,000 | 13,229,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,776,000 | 3,556,000 | 5,394,000 | 7,314,000 |
| Interest expense | 821,000 | 1,590,000 | 2,335,000 | 3,054,000 |
| Net interest income | 955,000 | 1,966,000 | 3,059,000 | 4,260,000 |
| Noninterest income | 175,000 | 365,000 | 560,000 | 736,000 |
| Noninterest expense | 772,000 | 1,550,000 | 2,325,000 | 3,092,000 |
| Provision for loan losses | 6,000 | 35,000 | 44,000 | 142,000 |
| Pretax income | 406,000 | 812,000 | 1,317,000 | 1,939,000 |
| Income tax | 0 | 0 | 0 | 14,000 |
| Net income | 406,000 | 812,000 | 1,317,000 | 1,925,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,763,000 | 11,982,000 | 12,321,000 | 12,016,000 |
| Total capital | 12,305,000 | 12,542,000 | 12,889,000 | 12,668,000 |
| Risk-weighted assets | 56,208,000 | 55,384,000 | 56,714,000 | 59,026,000 |