Call reports 2018
MOUNT VERNON BANK AND TRUST COMPANY — 2018
What MOUNT VERNON BANK AND TRUST COMPANY reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 116,748,000 | 122,288,000 | 123,928,000 | 129,766,000 |
| Total loans | 85,553,000 | 86,330,000 | 87,279,000 | 87,745,000 |
| Allowance for loan losses | 964,000 | 987,000 | 1,011,000 | 959,000 |
| Securities available for sale | 23,134,000 | 24,592,000 | 26,048,000 | 26,478,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 95,727,000 | 103,057,000 | 104,500,000 | 110,383,000 |
| Interest-bearing deposits | 80,287,000 | 88,351,000 | 91,008,000 | 95,076,000 |
| Noninterest-bearing deposits | 15,440,000 | 14,706,000 | 13,492,000 | 15,307,000 |
| Equity capital | 16,856,000 | 17,055,000 | 16,863,000 | 17,185,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,102,000 | 2,236,000 | 3,424,000 | 4,643,000 |
| Interest expense | 112,000 | 268,000 | 465,000 | 703,000 |
| Net interest income | 990,000 | 1,968,000 | 2,959,000 | 3,940,000 |
| Noninterest income | 134,000 | 227,000 | 317,000 | 418,000 |
| Noninterest expense | 580,000 | 1,220,000 | 1,902,000 | 2,657,000 |
| Provision for loan losses | 0 | 25,000 | 50,000 | 85,000 |
| Pretax income | 540,000 | 946,000 | 1,322,000 | 1,612,000 |
| Income tax | 110,000 | 225,000 | 313,000 | 381,000 |
| Net income | 430,000 | 721,000 | 1,009,000 | 1,231,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,182,000 | 17,411,000 | 17,382,000 | 17,490,000 |
| Total capital | 18,099,000 | 18,398,000 | 18,393,000 | 18,449,000 |
| Risk-weighted assets | 73,386,000 | 83,211,000 | 83,495,000 | 98,307,000 |