Call reports 2007
MOUNT VERNON BANK AND TRUST COMPANY — 2007
What MOUNT VERNON BANK AND TRUST COMPANY reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 69,610,000 | 71,226,000 | 69,649,000 | 71,333,000 |
| Total loans | 46,505,000 | 48,623,000 | 49,040,000 | 50,266,000 |
| Allowance for loan losses | 569,000 | 569,000 | 569,000 | 584,000 |
| Securities available for sale | 10,601,000 | 12,177,000 | 12,851,000 | 13,115,000 |
| Securities held to maturity | 4,686,000 | 3,580,000 | 2,033,000 | 2,033,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 58,534,000 | 60,027,000 | 58,454,000 | 60,535,000 |
| Interest-bearing deposits | 51,587,000 | 53,145,000 | 51,252,000 | 53,065,000 |
| Noninterest-bearing deposits | 6,947,000 | 6,882,000 | 7,202,000 | 7,470,000 |
| Equity capital | 9,656,000 | 9,817,000 | 10,025,000 | 9,962,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 988,000 | 2,022,000 | 3,051,000 | 4,109,000 |
| Interest expense | 389,000 | 785,000 | 1,176,000 | 1,560,000 |
| Net interest income | 599,000 | 1,237,000 | 1,875,000 | 2,549,000 |
| Noninterest income | 134,000 | 241,000 | 327,000 | 428,000 |
| Noninterest expense | 449,000 | 893,000 | 1,364,000 | 1,848,000 |
| Provision for loan losses | 0 | 0 | 0 | 15,000 |
| Pretax income | 284,000 | 585,000 | 838,000 | 1,114,000 |
| Income tax | 87,000 | 175,000 | 263,000 | 383,000 |
| Net income | 197,000 | 410,000 | 575,000 | 731,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,641,000 | 9,848,000 | 9,994,000 | 9,879,000 |
| Total capital | 10,155,000 | 10,402,000 | 10,544,000 | 10,445,000 |
| Risk-weighted assets | 41,037,000 | 44,324,000 | 43,953,000 | 45,294,000 |