Call reports 2014
MOUNT VERNON BANK AND TRUST COMPANY — 2014
What MOUNT VERNON BANK AND TRUST COMPANY reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 104,478,000 | 106,527,000 | 103,589,000 | 105,280,000 |
| Total loans | 62,624,000 | 66,132,000 | 68,583,000 | 70,419,000 |
| Allowance for loan losses | 796,000 | 823,000 | 823,000 | 823,000 |
| Securities available for sale | 33,582,000 | 29,739,000 | 28,503,000 | 25,986,000 |
| Securities held to maturity | 200,000 | 135,000 | 143,000 | 135,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,067,000 | 86,842,000 | 83,690,000 | 85,478,000 |
| Interest-bearing deposits | 73,122,000 | 75,617,000 | 71,930,000 | 74,157,000 |
| Noninterest-bearing deposits | 11,945,000 | 11,225,000 | 11,760,000 | 11,321,000 |
| Equity capital | 14,284,000 | 14,537,000 | 14,502,000 | 14,634,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 932,000 | 1,873,000 | 2,830,000 | 3,799,000 |
| Interest expense | 107,000 | 214,000 | 322,000 | 426,000 |
| Net interest income | 825,000 | 1,659,000 | 2,508,000 | 3,373,000 |
| Noninterest income | 198,000 | 331,000 | 465,000 | 551,000 |
| Noninterest expense | 582,000 | 1,130,000 | 1,715,000 | 2,267,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 442,000 | 854,000 | 1,252,000 | 1,652,000 |
| Income tax | 48,000 | 181,000 | 314,000 | 501,000 |
| Net income | 394,000 | 673,000 | 938,000 | 1,151,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,335,000 | 14,422,000 | 14,387,000 | 14,519,000 |
| Total capital | 15,131,000 | 15,245,000 | 15,210,000 | 15,342,000 |
| Risk-weighted assets | 71,295,000 | 74,155,000 | 75,189,000 | 75,997,000 |