Call reports 2018
MOUNT VERNON BANK — 2018
What MOUNT VERNON BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 134,708,000 | 130,112,000 | 136,994,000 | 131,676,000 |
| Total loans | 71,956,000 | 70,634,000 | 79,854,000 | 79,568,000 |
| Allowance for loan losses | 873,000 | 880,000 | 887,000 | 895,000 |
| Securities available for sale | 36,275,000 | 38,038,000 | 39,204,000 | 39,692,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 120,751,000 | 115,993,000 | 123,099,000 | 117,319,000 |
| Interest-bearing deposits | 97,035,000 | 87,506,000 | 90,135,000 | 91,385,000 |
| Noninterest-bearing deposits | 23,716,000 | 28,487,000 | 32,964,000 | 25,934,000 |
| Equity capital | 13,573,000 | 13,567,000 | 13,282,000 | 13,749,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,325,000 | 2,661,000 | 4,066,000 | 5,529,000 |
| Interest expense | 141,000 | 290,000 | 447,000 | 636,000 |
| Net interest income | 1,184,000 | 2,371,000 | 3,619,000 | 4,893,000 |
| Noninterest income | 226,000 | 420,000 | 635,000 | 863,000 |
| Noninterest expense | 915,000 | 1,866,000 | 2,831,000 | 3,844,000 |
| Provision for loan losses | 6,000 | 12,000 | 18,000 | 24,000 |
| Pretax income | 489,000 | 913,000 | 1,405,000 | 1,888,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 489,000 | 913,000 | 1,405,000 | 1,888,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,675,000 | 14,794,000 | 14,978,000 | 14,851,000 |
| Total capital | 15,548,000 | 15,674,000 | 15,865,000 | 15,746,000 |
| Risk-weighted assets | 81,075,000 | 82,229,000 | 89,608,000 | 87,624,000 |