Call reports 2021
MOUNT VERNON BANK AND TRUST COMPANY — 2021
What MOUNT VERNON BANK AND TRUST COMPANY reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 160,554,000 | 161,023,000 | 156,873,000 | 174,678,000 |
| Total loans | 94,000,000 | 95,080,000 | 97,879,000 | 102,442,000 |
| Allowance for loan losses | 1,049,000 | 1,049,000 | 1,048,000 | 1,098,000 |
| Securities available for sale | 58,777,000 | 57,676,000 | 50,903,000 | 50,675,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 139,193,000 | 136,396,000 | 134,612,000 | 153,111,000 |
| Interest-bearing deposits | 114,101,000 | 113,536,000 | 110,913,000 | 121,436,000 |
| Noninterest-bearing deposits | 25,092,000 | 22,860,000 | 23,699,000 | 31,675,000 |
| Equity capital | 20,308,000 | 20,770,000 | 21,089,000 | 21,282,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,395,000 | 2,993,000 | 4,210,000 | 5,446,000 |
| Interest expense | 143,000 | 272,000 | 378,000 | 477,000 |
| Net interest income | 1,252,000 | 2,721,000 | 3,832,000 | 4,969,000 |
| Noninterest income | 317,000 | 529,000 | 942,000 | 1,453,000 |
| Noninterest expense | 645,000 | 1,658,000 | 2,195,000 | 3,205,000 |
| Provision for loan losses | 0 | 0 | 0 | 50,000 |
| Pretax income | 924,000 | 1,592,000 | 2,592,000 | 3,192,000 |
| Income tax | 218,000 | 373,000 | 610,000 | 763,000 |
| Net income | 706,000 | 1,219,000 | 1,982,000 | 2,429,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,093,000 | 20,531,000 | 20,933,000 | 21,335,000 |