Call reports 2007
BANK OF MILAN, THE — 2007
What BANK OF MILAN, THE reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 62,761,000 | 62,778,000 | 64,027,000 | 61,412,000 |
| Total loans | 28,938,000 | 31,086,000 | 29,957,000 | 28,440,000 |
| Allowance for loan losses | 714,000 | 474,000 | 473,000 | 479,000 |
| Securities available for sale | 24,305,000 | 24,142,000 | 24,204,000 | 24,554,000 |
| Securities held to maturity | 1,349,000 | 1,350,000 | 1,351,000 | 1,353,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,625,000 | 50,414,000 | 49,949,000 | 47,684,000 |
| Interest-bearing deposits | 44,154,000 | 45,717,000 | 45,332,000 | 42,764,000 |
| Noninterest-bearing deposits | 5,471,000 | 4,698,000 | 4,617,000 | 4,920,000 |
| Equity capital | 4,749,000 | 4,808,000 | 5,178,000 | 5,255,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 893,000 | 1,850,000 | 2,833,000 | 3,789,000 |
| Interest expense | 516,000 | 1,064,000 | 1,627,000 | 2,138,000 |
| Net interest income | 377,000 | 786,000 | 1,206,000 | 1,651,000 |
| Noninterest income | 115,000 | 253,000 | 385,000 | 524,000 |
| Noninterest expense | 472,000 | 943,000 | 1,419,000 | 2,010,000 |
| Provision for loan losses | 0 | -250,000 | -250,000 | -250,000 |
| Pretax income | 26,000 | 352,000 | 429,000 | 422,000 |
| Income tax | -25,000 | -50,000 | -74,000 | 0 |
| Net income | 51,000 | 402,000 | 503,000 | 422,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,630,000 | 4,980,000 | 5,081,000 | 4,997,000 |
| Total capital | 5,042,000 | 5,400,000 | 5,510,000 | 5,419,000 |
| Risk-weighted assets | 33,707,000 | 35,636,000 | 34,500,000 | 33,076,000 |