Call reports 2016
MOUNT VERNON BANK AND TRUST COMPANY — 2016
What MOUNT VERNON BANK AND TRUST COMPANY reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 110,431,000 | 108,129,000 | 114,293,000 | 115,496,000 |
| Total loans | 79,586,000 | 79,913,000 | 79,972,000 | 78,382,000 |
| Allowance for loan losses | 950,000 | 975,000 | 974,000 | 997,000 |
| Securities available for sale | 24,658,000 | 21,128,000 | 23,680,000 | 27,792,000 |
| Securities held to maturity | 70,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 88,970,000 | 86,916,000 | 92,831,000 | 94,472,000 |
| Interest-bearing deposits | 76,277,000 | 74,939,000 | 80,148,000 | 80,097,000 |
| Noninterest-bearing deposits | 12,693,000 | 11,977,000 | 12,683,000 | 14,375,000 |
| Equity capital | 15,675,000 | 15,934,000 | 15,965,000 | 15,900,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,001,000 | 1,998,000 | 2,992,000 | 3,998,000 |
| Interest expense | 100,000 | 209,000 | 319,000 | 430,000 |
| Net interest income | 901,000 | 1,789,000 | 2,673,000 | 3,568,000 |
| Noninterest income | 139,000 | 269,000 | 418,000 | 569,000 |
| Noninterest expense | 533,000 | 1,117,000 | 1,716,000 | 2,388,000 |
| Provision for loan losses | 0 | 25,000 | 25,000 | 50,000 |
| Pretax income | 517,000 | 969,000 | 1,403,000 | 1,751,000 |
| Income tax | 170,000 | 330,000 | 481,000 | 593,000 |
| Net income | 347,000 | 639,000 | 922,000 | 1,158,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,569,000 | 15,804,000 | 15,852,000 | 16,035,000 |
| Total capital | 16,428,000 | 16,658,000 | 16,723,000 | 16,902,000 |
| Risk-weighted assets | 68,691,000 | 68,261,000 | 69,609,000 | 69,241,000 |