Call reports 2011
MOUNT VERNON BANK — 2011
What MOUNT VERNON BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 122,259,000 | 124,937,000 | 124,642,000 | 127,481,000 |
| Total loans | 63,434,000 | 62,077,000 | 62,321,000 | 63,142,000 |
| Allowance for loan losses | 820,000 | 836,000 | 1,047,000 | 836,000 |
| Securities available for sale | 31,189,000 | 33,116,000 | 29,253,000 | 33,681,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 108,950,000 | 111,015,000 | 110,719,000 | 113,445,000 |
| Interest-bearing deposits | 99,967,000 | 102,754,000 | 91,610,000 | 93,380,000 |
| Noninterest-bearing deposits | 8,983,000 | 8,261,000 | 19,109,000 | 20,065,000 |
| Equity capital | 10,795,000 | 11,403,000 | 11,420,000 | 11,584,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,462,000 | 2,881,000 | 4,210,000 | 5,523,000 |
| Interest expense | 463,000 | 895,000 | 1,312,000 | 1,664,000 |
| Net interest income | 999,000 | 1,986,000 | 2,898,000 | 3,859,000 |
| Noninterest income | 192,000 | 399,000 | 602,000 | 794,000 |
| Noninterest expense | 855,000 | 1,756,000 | 2,701,000 | 3,594,000 |
| Provision for loan losses | 35,000 | 50,000 | 265,000 | 280,000 |
| Pretax income | 263,000 | 561,000 | 585,000 | 820,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 263,000 | 561,000 | 585,000 | 820,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,910,000 | 11,209,000 | 11,232,000 | 11,467,000 |
| Total capital | 11,730,000 | 12,045,000 | 12,067,000 | 12,293,000 |
| Risk-weighted assets | 72,020,000 | 68,779,000 | 69,718,000 | 69,202,000 |