Call reports 2017
MOUNT VERNON BANK AND TRUST COMPANY — 2017
What MOUNT VERNON BANK AND TRUST COMPANY reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 121,721,000 | 119,808,000 | 117,488,000 | 118,406,000 |
| Total loans | 77,643,000 | 81,112,000 | 80,872,000 | 83,768,000 |
| Allowance for loan losses | 998,000 | 997,000 | 1,031,000 | 964,000 |
| Securities available for sale | 33,998,000 | 29,719,000 | 28,241,000 | 23,632,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 100,275,000 | 98,080,000 | 94,473,000 | 96,635,000 |
| Interest-bearing deposits | 85,466,000 | 84,152,000 | 80,076,000 | 81,994,000 |
| Noninterest-bearing deposits | 14,809,000 | 13,928,000 | 14,397,000 | 14,641,000 |
| Equity capital | 16,169,000 | 16,463,000 | 16,507,000 | 16,641,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,014,000 | 2,081,000 | 3,154,000 | 4,237,000 |
| Interest expense | 110,000 | 234,000 | 354,000 | 475,000 |
| Net interest income | 904,000 | 1,847,000 | 2,800,000 | 3,762,000 |
| Noninterest income | 154,000 | 312,000 | 441,000 | 591,000 |
| Noninterest expense | 584,000 | 1,161,000 | 1,806,000 | 2,461,000 |
| Provision for loan losses | 0 | 0 | 35,000 | 60,000 |
| Pretax income | 474,000 | 993,000 | 1,396,000 | 1,795,000 |
| Income tax | 163,000 | 400,000 | 486,000 | 650,000 |
| Net income | 311,000 | 593,000 | 910,000 | 1,145,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,286,000 | 16,509,000 | 16,551,000 | 16,784,000 |
| Total capital | 17,157,000 | 17,405,000 | 17,443,000 | 17,697,000 |
| Risk-weighted assets | 69,602,000 | 71,632,000 | 71,258,000 | 73,058,000 |