Call reports 2022
MOUNT VERNON BANK AND TRUST COMPANY — 2022
What MOUNT VERNON BANK AND TRUST COMPANY reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 181,959,000 | 179,095,000 | 175,837,000 | 182,031,000 |
| Total loans | 108,507,000 | 111,177,000 | 113,153,000 | 120,277,000 |
| Allowance for loan losses | 1,098,000 | 1,098,000 | 915,000 | 1,017,000 |
| Securities available for sale | 61,293,000 | 56,240,000 | 51,566,000 | 50,574,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 157,536,000 | 158,967,000 | 151,458,000 | 157,172,000 |
| Interest-bearing deposits | 126,728,000 | 133,541,000 | 127,341,000 | 132,180,000 |
| Noninterest-bearing deposits | 30,808,000 | 25,426,000 | 24,117,000 | 24,992,000 |
| Equity capital | 19,141,000 | 17,772,000 | 16,350,000 | 16,933,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 1,322,000 | 2,746,000 | 4,239,000 | 5,836,000 |
| Interest expense | 101,000 | 240,000 | 476,000 | 946,000 |
| Net interest income | 1,221,000 | 2,506,000 | 3,763,000 | 4,890,000 |
| Noninterest income | 284,000 | 555,000 | 824,000 | 1,045,000 |
| Noninterest expense | 703,000 | 1,575,000 | 2,380,000 | 3,336,000 |
| Provision for loan losses | 0 | 0 | 15,000 | 115,000 |
| Pretax income | 806,000 | 1,490,000 | 2,196,000 | 2,482,000 |
| Income tax | 189,000 | 348,000 | 511,000 | 547,000 |
| Net income | 617,000 | 1,142,000 | 1,685,000 | 1,935,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,867,000 | 22,307,000 | 22,435,000 | 22,598,000 |