Call reports 2005
MOUNT VERNON BANK AND TRUST COMPANY — 2005
What MOUNT VERNON BANK AND TRUST COMPANY reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 62,288,000 | 61,541,000 | 60,764,000 | 65,700,000 |
| Total loans | 43,020,000 | 44,035,000 | 44,130,000 | 43,346,000 |
| Allowance for loan losses | 555,000 | 555,000 | 555,000 | 565,000 |
| Securities available for sale | 2,452,000 | 2,969,000 | 2,004,000 | 6,190,000 |
| Securities held to maturity | 11,239,000 | 10,259,000 | 10,223,000 | 8,464,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,979,000 | 51,081,000 | 50,256,000 | 55,363,000 |
| Interest-bearing deposits | 45,950,000 | 45,265,000 | 43,647,000 | 48,116,000 |
| Noninterest-bearing deposits | 6,029,000 | 5,816,000 | 6,609,000 | 7,247,000 |
| Equity capital | 8,977,000 | 9,075,000 | 9,193,000 | 9,155,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 774,000 | 1,567,000 | 2,362,000 | 3,192,000 |
| Interest expense | 177,000 | 376,000 | 590,000 | 842,000 |
| Net interest income | 597,000 | 1,191,000 | 1,772,000 | 2,350,000 |
| Noninterest income | 94,000 | 168,000 | 244,000 | 381,000 |
| Noninterest expense | 453,000 | 900,000 | 1,331,000 | 1,757,000 |
| Provision for loan losses | 0 | 0 | 0 | 10,000 |
| Pretax income | 238,000 | 459,000 | 685,000 | 964,000 |
| Income tax | 88,000 | 176,000 | 263,000 | 340,000 |
| Net income | 150,000 | 283,000 | 422,000 | 624,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,981,000 | 9,082,000 | 9,207,000 | 9,182,000 |
| Total capital | 9,443,000 | 9,555,000 | 9,681,000 | 9,666,000 |
| Risk-weighted assets | 36,880,000 | 37,754,000 | 37,866,000 | 38,672,000 |