Call reports 2009
MOUNT VERNON BANK — 2009
What MOUNT VERNON BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 105,781,000 | 109,332,000 | 115,173,000 | 114,158,000 |
| Total loans | 64,624,000 | 67,815,000 | 69,664,000 | 69,200,000 |
| Allowance for loan losses | 696,000 | 724,000 | 748,000 | 761,000 |
| Securities available for sale | 22,889,000 | 19,702,000 | 20,818,000 | 26,690,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 93,362,000 | 97,893,000 | 102,345,000 | 101,117,000 |
| Interest-bearing deposits | 87,545,000 | 91,914,000 | 96,027,000 | 95,408,000 |
| Noninterest-bearing deposits | 5,817,000 | 5,979,000 | 6,318,000 | 5,709,000 |
| Equity capital | 8,623,000 | 7,629,000 | 9,073,000 | 9,348,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 1,533,000 | 3,117,000 | 4,709,000 | 6,267,000 |
| Interest expense | 693,000 | 1,405,000 | 2,113,000 | 2,814,000 |
| Net interest income | 840,000 | 1,712,000 | 2,596,000 | 3,453,000 |
| Noninterest income | 176,000 | 81,000 | 282,000 | 489,000 |
| Noninterest expense | 735,000 | 1,455,000 | 2,239,000 | 3,173,000 |
| Provision for loan losses | 24,000 | 48,000 | 322,000 | 421,000 |
| Pretax income | 258,000 | -529,000 | -498,000 | -943,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 258,000 | -529,000 | -498,000 | -943,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,331,000 | 9,045,000 | 9,576,000 | 9,630,000 |
| Total capital | 10,027,000 | 9,769,000 | 10,324,000 | 10,391,000 |
| Risk-weighted assets | 71,270,000 | 74,669,000 | 74,037,000 | 75,095,000 |