Call reports 2001
MOUNT VERNON BANK — 2001
What MOUNT VERNON BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 59,985,000 | 59,957,000 | 64,367,000 | 63,589,000 |
| Total loans | 39,266,000 | 39,967,000 | 40,855,000 | 40,942,000 |
| Allowance for loan losses | 373,000 | 401,000 | 408,000 | 425,000 |
| Securities available for sale | 8,714,000 | 11,507,000 | 13,439,000 | 15,141,000 |
| Securities held to maturity | 3,631,000 | 2,529,000 | 2,226,000 | 1,924,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,246,000 | 51,961,000 | 56,050,000 | 55,273,000 |
| Interest-bearing deposits | 48,319,000 | 47,663,000 | 51,233,000 | 50,237,000 |
| Noninterest-bearing deposits | 4,927,000 | 4,298,000 | 4,817,000 | 5,037,000 |
| Equity capital | 4,736,000 | 4,961,000 | 5,315,000 | 5,458,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,279,000 | 2,558,000 | 3,898,000 | 5,219,000 |
| Interest expense | 723,000 | 1,451,000 | 2,167,000 | 2,804,000 |
| Net interest income | 556,000 | 1,107,000 | 1,731,000 | 2,415,000 |
| Noninterest income | 144,000 | 335,000 | 459,000 | 608,000 |
| Noninterest expense | 497,000 | 1,002,000 | 1,506,000 | 2,062,000 |
| Provision for loan losses | 9,000 | 21,000 | 30,000 | 49,000 |
| Pretax income | 194,000 | 419,000 | 651,000 | 910,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 194,000 | 419,000 | 651,000 | 910,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,250,000 | 4,483,000 | 4,726,000 | 4,996,000 |
| Total capital | 4,623,000 | 4,884,000 | 5,134,000 | 5,421,000 |
| Risk-weighted assets | 37,815,000 | 38,584,000 | 40,257,000 | 40,410,000 |