Call reports 2008
BANK OF MILAN, THE — 2008
What BANK OF MILAN, THE reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 63,182,000 | 61,940,000 | 64,441,000 | 64,026,000 |
| Total loans | 29,056,000 | 29,815,000 | 31,485,000 | 30,851,000 |
| Allowance for loan losses | 510,000 | 515,000 | 523,000 | 528,000 |
| Securities available for sale | 22,438,000 | 23,696,000 | 23,041,000 | 21,533,000 |
| Securities held to maturity | 490,000 | 1,491,000 | 1,491,000 | 2,003,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,399,000 | 50,123,000 | 50,357,000 | 49,597,000 |
| Interest-bearing deposits | 44,080,000 | 44,906,000 | 44,984,000 | 44,452,000 |
| Noninterest-bearing deposits | 5,319,000 | 5,217,000 | 5,373,000 | 5,145,000 |
| Equity capital | 5,489,000 | 5,189,000 | 5,540,000 | 5,710,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 886,000 | 1,726,000 | 2,595,000 | 3,427,000 |
| Interest expense | 452,000 | 878,000 | 1,295,000 | 1,702,000 |
| Net interest income | 434,000 | 848,000 | 1,300,000 | 1,725,000 |
| Noninterest income | 179,000 | 360,000 | 585,000 | 764,000 |
| Noninterest expense | 508,000 | 1,045,000 | 1,580,000 | 2,180,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 194,000 | 252,000 | 394,000 | 398,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 194,000 | 252,000 | 394,000 | 398,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,134,000 | 5,192,000 | 5,336,000 | 5,339,000 |
| Total capital | 5,555,000 | 5,618,000 | 5,785,000 | 5,770,000 |
| Risk-weighted assets | 33,355,000 | 33,927,000 | 36,239,000 | 34,781,000 |