Call reports 2004
MOUNT VERNON BANK AND TRUST COMPANY — 2004
What MOUNT VERNON BANK AND TRUST COMPANY reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 61,983,000 | 60,487,000 | 59,681,000 | 62,485,000 |
| Total loans | 39,234,000 | 40,803,000 | 41,702,000 | 42,371,000 |
| Allowance for loan losses | 545,000 | 545,000 | 545,000 | 555,000 |
| Securities available for sale | 2,553,000 | 2,495,000 | 2,498,000 | 1,974,000 |
| Securities held to maturity | 11,905,000 | 12,991,000 | 12,444,000 | 12,287,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,829,000 | 50,468,000 | 50,101,000 | 52,453,000 |
| Interest-bearing deposits | 45,847,000 | 44,577,000 | 44,974,000 | 46,727,000 |
| Noninterest-bearing deposits | 5,982,000 | 5,891,000 | 5,127,000 | 5,726,000 |
| Equity capital | 8,714,000 | 8,749,000 | 8,913,000 | 8,869,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 749,000 | 1,497,000 | 2,268,000 | 3,048,000 |
| Interest expense | 173,000 | 331,000 | 481,000 | 647,000 |
| Net interest income | 576,000 | 1,166,000 | 1,787,000 | 2,401,000 |
| Noninterest income | 122,000 | 222,000 | 324,000 | 414,000 |
| Noninterest expense | 456,000 | 928,000 | 1,403,000 | 1,840,000 |
| Provision for loan losses | 0 | 0 | 0 | 10,000 |
| Pretax income | 242,000 | 460,000 | 708,000 | 965,000 |
| Income tax | 84,000 | 167,000 | 250,000 | 338,000 |
| Net income | 158,000 | 293,000 | 458,000 | 627,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,675,000 | 8,740,000 | 8,897,000 | 8,864,000 |
| Total capital | 9,113,000 | 9,188,000 | 9,363,000 | 9,327,000 |
| Risk-weighted assets | 34,938,000 | 35,727,000 | 37,163,000 | 36,952,000 |