Call reports 2016
MOUNT VERNON BANK — 2016
What MOUNT VERNON BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 137,719,000 | 136,752,000 | 138,938,000 | 139,761,000 |
| Total loans | 65,199,000 | 66,637,000 | 69,043,000 | 69,641,000 |
| Allowance for loan losses | 826,000 | 849,000 | 847,000 | 842,000 |
| Securities available for sale | 42,815,000 | 42,352,000 | 43,287,000 | 42,553,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 121,667,000 | 120,433,000 | 123,478,000 | 125,849,000 |
| Interest-bearing deposits | 103,192,000 | 101,675,000 | 103,154,000 | 106,685,000 |
| Noninterest-bearing deposits | 18,475,000 | 18,758,000 | 20,325,000 | 19,164,000 |
| Equity capital | 14,741,000 | 14,860,000 | 13,946,000 | 12,338,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,260,000 | 2,505,000 | 3,838,000 | 5,087,000 |
| Interest expense | 137,000 | 272,000 | 410,000 | 543,000 |
| Net interest income | 1,123,000 | 2,233,000 | 3,428,000 | 4,544,000 |
| Noninterest income | 194,000 | 425,000 | 657,000 | 872,000 |
| Noninterest expense | 912,000 | 1,928,000 | 2,896,000 | 3,858,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 431,000 | 898,000 | 1,376,000 | 1,749,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 431,000 | 898,000 | 1,376,000 | 1,749,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,160,000 | 14,135,000 | 13,364,000 | 13,491,000 |
| Total capital | 14,986,000 | 14,984,000 | 14,211,000 | 14,333,000 |
| Risk-weighted assets | 78,622,000 | 80,806,000 | 85,799,000 | 84,917,000 |