Call reports 2022
MOUNT VERNON BANK — 2022
What MOUNT VERNON BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 157,077,000 | 156,447,000 | 156,712,000 | 155,078,000 |
| Total loans | 70,654,000 | 74,388,000 | 77,115,000 | 78,976,000 |
| Allowance for loan losses | 979,000 | 985,000 | 991,000 | 997,000 |
| Securities available for sale | 49,995,000 | 49,977,000 | 48,728,000 | 49,439,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 143,979,000 | 146,813,000 | 150,887,000 | 147,771,000 |
| Interest-bearing deposits | 101,800,000 | 101,508,000 | 103,369,000 | 100,504,000 |
| Noninterest-bearing deposits | 42,178,000 | 45,305,000 | 47,518,000 | 47,266,000 |
| Equity capital | 12,577,000 | 9,066,000 | 5,163,000 | 6,621,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 1,262,000 | 2,603,000 | 4,062,000 | 5,683,000 |
| Interest expense | 109,000 | 219,000 | 336,000 | 446,000 |
| Net interest income | 1,153,000 | 2,384,000 | 3,726,000 | 5,237,000 |
| Noninterest income | 181,000 | 368,000 | 544,000 | 709,000 |
| Noninterest expense | 976,000 | 1,960,000 | 2,957,000 | 4,009,000 |
| Provision for loan losses | 6,000 | 12,000 | 18,000 | 24,000 |
| Pretax income | 363,000 | 791,000 | 1,306,000 | 1,924,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 363,000 | 791,000 | 1,306,000 | 1,924,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,895,000 | 16,940,000 | 14,855,000 | 15,474,000 |