Call reports 2017
MOUNT VERNON BANK — 2017
What MOUNT VERNON BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 131,302,000 | 128,140,000 | 129,995,000 | 130,561,000 |
| Total loans | 69,162,000 | 69,609,000 | 72,893,000 | 73,935,000 |
| Allowance for loan losses | 849,000 | 855,000 | 861,000 | 867,000 |
| Securities available for sale | 42,940,000 | 41,738,000 | 35,942,000 | 36,494,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 116,812,000 | 113,689,000 | 115,428,000 | 116,382,000 |
| Interest-bearing deposits | 97,161,000 | 92,528,000 | 91,805,000 | 93,317,000 |
| Noninterest-bearing deposits | 19,651,000 | 21,161,000 | 23,623,000 | 23,065,000 |
| Equity capital | 13,151,000 | 13,990,000 | 14,054,000 | 13,586,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,295,000 | 2,581,000 | 3,871,000 | 5,148,000 |
| Interest expense | 127,000 | 249,000 | 360,000 | 489,000 |
| Net interest income | 1,168,000 | 2,332,000 | 3,511,000 | 4,659,000 |
| Noninterest income | 210,000 | 416,000 | 622,000 | 840,000 |
| Noninterest expense | 914,000 | 1,833,000 | 2,773,000 | 3,739,000 |
| Provision for loan losses | 6,000 | 12,000 | 18,000 | 24,000 |
| Pretax income | 478,000 | 939,000 | 1,401,000 | 1,849,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 478,000 | 939,000 | 1,401,000 | 1,849,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,969,000 | 14,141,000 | 14,316,000 | 14,185,000 |
| Total capital | 14,818,000 | 14,996,000 | 15,177,000 | 15,052,000 |
| Risk-weighted assets | 80,464,000 | 77,938,000 | 80,315,000 | 81,842,000 |