Call reports 2010
MOUNT VERNON BANK — 2010
What MOUNT VERNON BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 119,873,000 | 119,141,000 | 123,332,000 | 129,981,000 |
| Total loans | 68,915,000 | 67,509,000 | 67,272,000 | 67,315,000 |
| Allowance for loan losses | 776,000 | 796,000 | 837,000 | 785,000 |
| Securities available for sale | 26,163,000 | 25,747,000 | 25,077,000 | 31,026,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 107,346,000 | 106,149,000 | 110,057,000 | 117,013,000 |
| Interest-bearing deposits | 100,693,000 | 99,697,000 | 103,590,000 | 106,585,000 |
| Noninterest-bearing deposits | 6,653,000 | 6,452,000 | 6,467,000 | 10,428,000 |
| Equity capital | 9,873,000 | 10,278,000 | 10,661,000 | 10,336,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,593,000 | 3,174,000 | 4,708,000 | 6,223,000 |
| Interest expense | 650,000 | 1,282,000 | 1,882,000 | 2,448,000 |
| Net interest income | 943,000 | 1,892,000 | 2,826,000 | 3,775,000 |
| Noninterest income | 196,000 | 382,000 | 619,000 | 841,000 |
| Noninterest expense | 815,000 | 1,663,000 | 2,467,000 | 3,363,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 293,000 | 555,000 | 787,000 | 1,017,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 293,000 | 555,000 | 787,000 | 1,017,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,923,000 | 10,185,000 | 10,418,000 | 10,647,000 |
| Total capital | 10,699,000 | 10,981,000 | 11,255,000 | 11,432,000 |
| Risk-weighted assets | 74,306,000 | 72,439,000 | 70,983,000 | 72,944,000 |