Call reports 2013
MOUNT VERNON BANK AND TRUST COMPANY — 2013
What MOUNT VERNON BANK AND TRUST COMPANY reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 97,071,000 | 98,131,000 | 97,292,000 | 100,724,000 |
| Total loans | 59,987,000 | 61,287,000 | 60,884,000 | 61,181,000 |
| Allowance for loan losses | 779,000 | 803,000 | 794,000 | 796,000 |
| Securities available for sale | 33,338,000 | 32,834,000 | 31,589,000 | 30,109,000 |
| Securities held to maturity | 260,000 | 200,000 | 200,000 | 200,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 79,830,000 | 81,293,000 | 81,690,000 | 85,784,000 |
| Interest-bearing deposits | 69,619,000 | 70,906,000 | 71,013,000 | 73,985,000 |
| Noninterest-bearing deposits | 10,211,000 | 10,387,000 | 10,677,000 | 11,799,000 |
| Equity capital | 14,001,000 | 13,844,000 | 13,871,000 | 13,833,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 918,000 | 1,826,000 | 2,715,000 | 3,640,000 |
| Interest expense | 128,000 | 255,000 | 369,000 | 476,000 |
| Net interest income | 790,000 | 1,571,000 | 2,346,000 | 3,164,000 |
| Noninterest income | 300,000 | 578,000 | 886,000 | 992,000 |
| Noninterest expense | 597,000 | 1,177,000 | 1,802,000 | 2,477,000 |
| Provision for loan losses | 0 | 25,000 | 25,000 | 100,000 |
| Pretax income | 493,000 | 984,000 | 1,442,000 | 1,655,000 |
| Income tax | 119,000 | 249,000 | 379,000 | 503,000 |
| Net income | 374,000 | 735,000 | 1,063,000 | 1,153,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,657,000 | 13,913,000 | 13,954,000 | 13,993,000 |
| Total capital | 14,350,000 | 14,716,000 | 14,748,000 | 14,789,000 |
| Risk-weighted assets | 66,879,000 | 67,623,000 | 68,391,000 | 68,878,000 |