Call reports 2007
MOUNT VERNON BANK — 2007
What MOUNT VERNON BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 92,589,000 | 95,280,000 | 97,069,000 | 96,748,000 |
| Total loans | 62,113,000 | 66,160,000 | 66,577,000 | 64,174,000 |
| Allowance for loan losses | 673,000 | 685,000 | 697,000 | 690,000 |
| Securities available for sale | 20,522,000 | 21,268,000 | 21,718,000 | 23,394,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,161,000 | 84,100,000 | 85,348,000 | 84,330,000 |
| Interest-bearing deposits | 74,710,000 | 70,590,000 | 79,056,000 | 78,688,000 |
| Noninterest-bearing deposits | 5,451,000 | 13,510,000 | 6,292,000 | 5,641,000 |
| Equity capital | 8,363,000 | 7,937,000 | 8,487,000 | 9,009,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,694,000 | 3,459,000 | 5,307,000 | 7,118,000 |
| Interest expense | 845,000 | 1,726,000 | 2,641,000 | 3,566,000 |
| Net interest income | 849,000 | 1,733,000 | 2,666,000 | 3,552,000 |
| Noninterest income | 177,000 | 366,000 | 561,000 | 757,000 |
| Noninterest expense | 630,000 | 1,302,000 | 2,019,000 | 2,755,000 |
| Provision for loan losses | 12,000 | 24,000 | 36,000 | 36,000 |
| Pretax income | 385,000 | 778,000 | 1,179,000 | 1,528,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 385,000 | 778,000 | 1,179,000 | 1,528,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,128,000 | 8,044,000 | 8,215,000 | 8,564,000 |
| Total capital | 8,801,000 | 8,729,000 | 8,912,000 | 9,254,000 |
| Risk-weighted assets | 62,315,000 | 67,462,000 | 68,218,000 | 67,321,000 |