Call reports 2002
MOUNT VERNON BANK AND TRUST COMPANY — 2002
What MOUNT VERNON BANK AND TRUST COMPANY reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 56,869,000 | 57,571,000 | 58,824,000 | 60,018,000 |
| Total loans | 40,575,000 | 40,488,000 | 42,493,000 | 40,990,000 |
| Allowance for loan losses | 523,000 | 523,000 | 523,000 | 531,000 |
| Securities available for sale | 2,815,000 | 2,831,000 | 2,113,000 | 2,101,000 |
| Securities held to maturity | 5,663,000 | 4,473,000 | 4,962,000 | 5,882,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,783,000 | 48,546,000 | 49,349,000 | 50,451,000 |
| Interest-bearing deposits | 41,947,000 | 42,621,000 | 43,687,000 | 44,896,000 |
| Noninterest-bearing deposits | 5,836,000 | 5,925,000 | 5,662,000 | 5,555,000 |
| Equity capital | 7,675,000 | 7,811,000 | 7,968,000 | 8,110,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 896,000 | 1,785,000 | 2,686,000 | 3,559,000 |
| Interest expense | 304,000 | 600,000 | 892,000 | 1,157,000 |
| Net interest income | 592,000 | 1,185,000 | 1,794,000 | 2,402,000 |
| Noninterest income | 82,000 | 173,000 | 236,000 | 325,000 |
| Noninterest expense | 409,000 | 835,000 | 1,271,000 | 1,711,000 |
| Provision for loan losses | 0 | 0 | 0 | 15,000 |
| Pretax income | 265,000 | 523,000 | 759,000 | 1,001,000 |
| Income tax | 84,000 | 168,000 | 267,000 | 357,000 |
| Net income | 181,000 | 355,000 | 492,000 | 644,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,668,000 | 7,786,000 | 7,916,000 | 8,059,000 |
| Total capital | 8,095,000 | 8,213,000 | 8,361,000 | 8,497,000 |
| Risk-weighted assets | 34,081,000 | 34,099,000 | 35,495,000 | 34,933,000 |