Call reports 2004
MOUNT VERNON BANK — 2004
What MOUNT VERNON BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 69,564,000 | 72,878,000 | 73,754,000 | 72,596,000 |
| Total loans | 43,686,000 | 44,578,000 | 45,479,000 | 47,482,000 |
| Allowance for loan losses | 506,000 | 536,000 | 543,000 | 550,000 |
| Securities available for sale | 15,137,000 | 17,311,000 | 19,279,000 | 19,885,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,245,000 | 62,993,000 | 63,226,000 | 61,851,000 |
| Interest-bearing deposits | 53,104,000 | 58,481,000 | 57,211,000 | 56,135,000 |
| Noninterest-bearing deposits | 6,141,000 | 4,512,000 | 6,015,000 | 5,716,000 |
| Equity capital | 6,693,000 | 6,148,000 | 6,784,000 | 6,922,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,056,000 | 2,115,000 | 3,246,000 | 4,359,000 |
| Interest expense | 360,000 | 724,000 | 1,126,000 | 1,527,000 |
| Net interest income | 696,000 | 1,391,000 | 2,120,000 | 2,832,000 |
| Noninterest income | 136,000 | 264,000 | 450,000 | 580,000 |
| Noninterest expense | 534,000 | 1,132,000 | 1,765,000 | 2,449,000 |
| Provision for loan losses | 18,000 | 36,000 | 54,000 | 72,000 |
| Pretax income | 272,000 | 478,000 | 779,000 | 947,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 272,000 | 478,000 | 779,000 | 947,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,117,000 | 6,050,000 | 6,351,000 | 6,519,000 |
| Total capital | 6,623,000 | 6,586,000 | 6,894,000 | 7,069,000 |
| Risk-weighted assets | 44,982,000 | 47,063,000 | 46,836,000 | 47,295,000 |