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Mount Vernon Bank, Financial Information

AboutMount Vernon Bank

 Address:
101 Railroad Avenue
Mount Vernon,GA
Montgomery County,Georgia
 Established:
Jan 1901
 Number of domestic offices:
3
Total assets$151M
Net income$2M
Net income,quarterly$1M
Total deposits$133M
Domestic deposits$133M
Equity capital$17M
ROA1.23%
ROAQ,quarterly1.66%
ROA,pretax1.66%
ROAQ,quarterly,pretax1.66%
ROE10.98%
ROEQ,quarterly15.25%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

In January 1901, Mount Vernon Bank was chartered and is what we know today as the oldest bank in this area. In November 1995, Mount Vernon Bank was purchased by a group of local citizens.

In 1999 the office on the Westside of Vidalia was opened and in April 2009, Mount Vernon Bank opened its 3rd location at 2109 East First Street in Vidalia. With 3 fully staffed locations, 2 in Vidalia and one in Mount Vernon, we truly are a hometown bank. Mount Vernon Bank offers Loans, Home Mortgages, C.D.’s, Checking, Savings, Safe Deposit Boxes, ATMs and free Internet Banking.

101 S. Railroad Avenue
Mount Vernon, GA
2109 East First St
Vidalia, GA 30474

Phone:(912)-386-4700
Fax:(912)-583-2894
MVB 24 Hour Telephone Banking: (912)-583-2888

Historical Data