Call reports 2009
MOUNT VERNON BANK AND TRUST COMPANY — 2009
What MOUNT VERNON BANK AND TRUST COMPANY reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 79,209,000 | 82,459,000 | 84,811,000 | 89,430,000 |
| Total loans | 50,832,000 | 51,275,000 | 52,420,000 | 52,967,000 |
| Allowance for loan losses | 525,000 | 545,000 | 540,000 | 617,000 |
| Securities available for sale | 16,589,000 | 20,835,000 | 22,004,000 | 27,604,000 |
| Securities held to maturity | 3,755,000 | 3,458,000 | 2,447,000 | 2,537,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 63,359,000 | 66,555,000 | 68,313,000 | 72,381,000 |
| Interest-bearing deposits | 55,263,000 | 58,164,000 | 60,385,000 | 63,840,000 |
| Noninterest-bearing deposits | 8,096,000 | 8,391,000 | 7,928,000 | 8,541,000 |
| Equity capital | 11,014,000 | 11,195,000 | 11,469,000 | 11,295,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 1,038,000 | 2,081,000 | 3,117,000 | 4,175,000 |
| Interest expense | 265,000 | 537,000 | 801,000 | 1,049,000 |
| Net interest income | 773,000 | 1,544,000 | 2,316,000 | 3,126,000 |
| Noninterest income | 128,000 | 320,000 | 519,000 | 667,000 |
| Noninterest expense | 499,000 | 1,089,000 | 1,594,000 | 2,276,000 |
| Provision for loan losses | 0 | 25,000 | 25,000 | 100,000 |
| Pretax income | 402,000 | 750,000 | 1,228,000 | 1,429,000 |
| Income tax | 99,000 | 197,000 | 295,000 | 542,000 |
| Net income | 486,000 | 736,000 | 1,116,000 | 1,070,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,774,000 | 10,984,000 | 11,126,000 | 11,042,000 |
| Total capital | 11,299,000 | 11,529,000 | 11,666,000 | 11,659,000 |
| Risk-weighted assets | 50,410,000 | 53,484,000 | 53,256,000 | 55,374,000 |