Call reports 2010
MOUNT VERNON BANK AND TRUST COMPANY — 2010
What MOUNT VERNON BANK AND TRUST COMPANY reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 87,854,000 | 89,300,000 | 87,547,000 | 90,950,000 |
| Total loans | 52,224,000 | 54,661,000 | 55,174,000 | 55,192,000 |
| Allowance for loan losses | 611,000 | 659,000 | 662,000 | 686,000 |
| Securities available for sale | 25,863,000 | 24,783,000 | 21,923,000 | 28,533,000 |
| Securities held to maturity | 2,527,000 | 1,889,000 | 1,794,000 | 1,784,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,462,000 | 73,894,000 | 71,495,000 | 75,276,000 |
| Interest-bearing deposits | 63,755,000 | 65,866,000 | 63,485,000 | 66,355,000 |
| Noninterest-bearing deposits | 8,707,000 | 8,028,000 | 8,010,000 | 8,921,000 |
| Equity capital | 11,591,000 | 11,718,000 | 11,757,000 | 11,789,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,017,000 | 2,045,000 | 3,079,000 | 4,106,000 |
| Interest expense | 229,000 | 452,000 | 669,000 | 887,000 |
| Net interest income | 788,000 | 1,593,000 | 2,410,000 | 3,219,000 |
| Noninterest income | 132,000 | 246,000 | 371,000 | 560,000 |
| Noninterest expense | 491,000 | 1,047,000 | 1,603,000 | 2,215,000 |
| Provision for loan losses | 0 | 50,000 | 50,000 | 80,000 |
| Pretax income | 484,000 | 797,000 | 1,201,000 | 1,557,000 |
| Income tax | 130,000 | 318,000 | 436,000 | 478,000 |
| Net income | 354,000 | 479,000 | 765,000 | 1,077,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,353,000 | 11,436,000 | 11,442,000 | 11,711,000 |
| Total capital | 11,964,000 | 12,095,000 | 12,092,000 | 12,397,000 |
| Risk-weighted assets | 55,333,000 | 59,046,000 | 62,321,000 | 63,890,000 |