Call reports 2013
MOUNT VERNON BANK — 2013
What MOUNT VERNON BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 144,766,000 | 138,571,000 | 131,892,000 | 130,400,000 |
| Total loans | 65,376,000 | 64,663,000 | 63,642,000 | 63,199,000 |
| Allowance for loan losses | 944,000 | 973,000 | 997,000 | 957,000 |
| Securities available for sale | 33,302,000 | 33,339,000 | 36,040,000 | 35,355,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 130,171,000 | 124,109,000 | 117,817,000 | 116,449,000 |
| Interest-bearing deposits | 106,304,000 | 101,872,000 | 96,826,000 | 97,524,000 |
| Noninterest-bearing deposits | 23,867,000 | 22,237,000 | 20,991,000 | 18,925,000 |
| Equity capital | 12,210,000 | 12,083,000 | 11,578,000 | 11,505,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,264,000 | 2,538,000 | 3,761,000 | 4,980,000 |
| Interest expense | 259,000 | 479,000 | 680,000 | 869,000 |
| Net interest income | 1,005,000 | 2,059,000 | 3,081,000 | 4,111,000 |
| Noninterest income | 242,000 | 459,000 | 665,000 | 672,000 |
| Noninterest expense | 902,000 | 1,781,000 | 2,616,000 | 3,372,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 100,000 |
| Pretax income | 323,000 | 685,000 | 1,048,000 | 1,319,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 323,000 | 685,000 | 1,048,000 | 1,319,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,141,000 | 12,502,000 | 12,866,000 | 13,138,000 |
| Total capital | 13,013,000 | 13,361,000 | 13,717,000 | 13,991,000 |
| Risk-weighted assets | 72,778,000 | 71,736,000 | 71,058,000 | 71,230,000 |