Call reports 2019
MOUNT VERNON BANK AND TRUST COMPANY — 2019
What MOUNT VERNON BANK AND TRUST COMPANY reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 135,317,000 | 130,900,000 | 130,565,000 | 130,653,000 |
| Total loans | 91,957,000 | 94,223,000 | 96,024,000 | 93,829,000 |
| Allowance for loan losses | 957,000 | 990,000 | 990,000 | 987,000 |
| Securities available for sale | 30,283,000 | 26,960,000 | 24,786,000 | 23,414,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 117,141,000 | 109,333,000 | 109,406,000 | 111,720,000 |
| Interest-bearing deposits | 99,582,000 | 94,013,000 | 93,728,000 | 95,097,000 |
| Noninterest-bearing deposits | 17,559,000 | 15,320,000 | 15,678,000 | 16,623,000 |
| Equity capital | 17,807,000 | 18,281,000 | 18,415,000 | 18,690,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 1,282,000 | 2,601,000 | 3,943,000 | 5,281,000 |
| Interest expense | 268,000 | 552,000 | 839,000 | 1,107,000 |
| Net interest income | 1,014,000 | 2,049,000 | 3,104,000 | 4,174,000 |
| Noninterest income | 110,000 | 209,000 | 307,000 | 410,000 |
| Noninterest expense | 607,000 | 1,280,000 | 1,972,000 | 2,711,000 |
| Provision for loan losses | 0 | 35,000 | 35,000 | 35,000 |
| Pretax income | 517,000 | 940,000 | 1,404,000 | 1,838,000 |
| Income tax | 121,000 | 219,000 | 326,000 | 418,000 |
| Net income | 396,000 | 721,000 | 1,078,000 | 1,420,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,822,000 | 18,082,000 | 18,121,000 | 18,421,000 |
| Total capital | 18,779,000 | 19,072,000 | 19,111,000 | 19,408,000 |
| Risk-weighted assets | 88,323,000 | 89,924,000 | 87,286,000 | 86,908,000 |