Call reports 2001
MOUNT VERNON BANK AND TRUST COMPANY — 2001
What MOUNT VERNON BANK AND TRUST COMPANY reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 54,873,000 | 54,944,000 | 54,820,000 | 55,741,000 |
| Total loans | 39,824,000 | 40,428,000 | 41,050,000 | 40,546,000 |
| Allowance for loan losses | 515,000 | 515,000 | 515,000 | 533,000 |
| Securities available for sale | 2,236,000 | 2,237,000 | 2,237,000 | 2,222,000 |
| Securities held to maturity | 6,112,000 | 5,440,000 | 4,957,000 | 4,981,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,287,000 | 46,084,000 | 45,745,000 | 47,120,000 |
| Interest-bearing deposits | 41,310,000 | 41,535,000 | 40,556,000 | 41,965,000 |
| Noninterest-bearing deposits | 4,977,000 | 4,549,000 | 5,189,000 | 5,155,000 |
| Equity capital | 7,203,000 | 7,256,000 | 7,420,000 | 7,542,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 979,000 | 1,942,000 | 2,896,000 | 3,827,000 |
| Interest expense | 456,000 | 885,000 | 1,279,000 | 1,620,000 |
| Net interest income | 523,000 | 1,057,000 | 1,617,000 | 2,207,000 |
| Noninterest income | 86,000 | 162,000 | 236,000 | 327,000 |
| Noninterest expense | 379,000 | 786,000 | 1,187,000 | 1,622,000 |
| Provision for loan losses | 0 | 0 | 0 | 25,000 |
| Pretax income | 231,000 | 434,000 | 667,000 | 888,000 |
| Income tax | 77,000 | 164,000 | 231,000 | 319,000 |
| Net income | 154,000 | 270,000 | 436,000 | 569,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,181,000 | 7,228,000 | 7,386,000 | 7,513,000 |
| Total capital | 7,599,000 | 7,651,000 | 7,809,000 | 7,936,000 |
| Risk-weighted assets | 33,363,000 | 33,728,000 | 33,772,000 | 33,724,000 |