Call reports 2006
MOUNT VERNON BANK — 2006
What MOUNT VERNON BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 85,135,000 | 89,100,000 | 88,795,000 | 90,407,000 |
| Total loans | 57,768,000 | 63,072,000 | 64,821,000 | 63,401,000 |
| Allowance for loan losses | 614,000 | 628,000 | 646,000 | 660,000 |
| Securities available for sale | 17,654,000 | 16,758,000 | 17,080,000 | 17,738,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 73,763,000 | 77,663,000 | 76,998,000 | 78,168,000 |
| Interest-bearing deposits | 67,655,000 | 71,220,000 | 71,174,000 | 73,076,000 |
| Noninterest-bearing deposits | 6,108,000 | 6,443,000 | 5,824,000 | 5,092,000 |
| Equity capital | 7,418,000 | 7,338,000 | 7,651,000 | 7,903,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 1,454,000 | 2,983,000 | 4,610,000 | 6,273,000 |
| Interest expense | 623,000 | 1,305,000 | 2,066,000 | 2,875,000 |
| Net interest income | 831,000 | 1,678,000 | 2,544,000 | 3,398,000 |
| Noninterest income | 157,000 | 319,000 | 482,000 | 665,000 |
| Noninterest expense | 675,000 | 1,336,000 | 2,030,000 | 2,720,000 |
| Provision for loan losses | 12,000 | 26,000 | 44,000 | 62,000 |
| Pretax income | 302,000 | 635,000 | 958,000 | 1,289,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 302,000 | 635,000 | 958,000 | 1,289,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,395,000 | 7,429,000 | 7,602,000 | 7,742,000 |
| Total capital | 8,009,000 | 8,057,000 | 8,248,000 | 8,402,000 |
| Risk-weighted assets | 59,004,000 | 63,669,000 | 64,576,000 | 63,117,000 |