Call reports 2021
MOUNT VERNON BANK — 2021
What MOUNT VERNON BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 158,944,000 | 163,635,000 | 165,516,000 | 158,227,000 |
| Total loans | 79,336,000 | 77,805,000 | 75,648,000 | 77,382,000 |
| Allowance for loan losses | 947,000 | 951,000 | 957,000 | 973,000 |
| Securities available for sale | 42,744,000 | 47,920,000 | 51,094,000 | 47,760,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 142,485,000 | 146,147,000 | 147,702,000 | 140,847,000 |
| Interest-bearing deposits | 100,412,000 | 104,759,000 | 103,055,000 | 101,181,000 |
| Noninterest-bearing deposits | 42,073,000 | 41,388,000 | 44,647,000 | 39,666,000 |
| Equity capital | 15,930,000 | 16,657,000 | 16,896,000 | 16,623,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,352,000 | 2,889,000 | 4,351,000 | 5,799,000 |
| Interest expense | 171,000 | 324,000 | 470,000 | 611,000 |
| Net interest income | 1,181,000 | 2,565,000 | 3,881,000 | 5,188,000 |
| Noninterest income | 219,000 | 408,000 | 565,000 | 762,000 |
| Noninterest expense | 999,000 | 2,008,000 | 2,996,000 | 3,962,000 |
| Provision for loan losses | 6,000 | 12,000 | 18,000 | 96,000 |
| Pretax income | 395,000 | 953,000 | 1,448,000 | 2,041,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 395,000 | 953,000 | 1,448,000 | 2,041,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,093,000 | 16,376,000 | 16,596,000 | 16,915,000 |