Call reports 2016
BANK OF MILAN, THE — 2016
What BANK OF MILAN, THE reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 63,748,000 | 63,848,000 | 64,864,000 | 64,852,000 |
| Total loans | 34,840,000 | 35,631,000 | 35,550,000 | 35,128,000 |
| Allowance for loan losses | 258,000 | 243,000 | 218,000 | 213,000 |
| Securities available for sale | 19,235,000 | 20,707,000 | 20,564,000 | 20,850,000 |
| Securities held to maturity | 2,877,000 | 1,863,000 | 1,843,000 | 1,831,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,498,000 | 54,504,000 | 55,817,000 | 56,909,000 |
| Interest-bearing deposits | 46,840,000 | 46,100,000 | 46,871,000 | 47,663,000 |
| Noninterest-bearing deposits | 8,658,000 | 8,404,000 | 8,946,000 | 9,246,000 |
| Equity capital | 6,481,000 | 6,724,000 | 6,798,000 | 5,706,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 580,000 | 1,171,000 | 1,782,000 | 2,377,000 |
| Interest expense | 39,000 | 74,000 | 110,000 | 149,000 |
| Net interest income | 541,000 | 1,097,000 | 1,672,000 | 2,228,000 |
| Noninterest income | 126,000 | 248,000 | 383,000 | 497,000 |
| Noninterest expense | 548,000 | 1,066,000 | 1,584,000 | 2,116,000 |
| Provision for loan losses | -25,000 | -25,000 | -25,000 | -25,000 |
| Pretax income | 167,000 | 354,000 | 561,000 | 708,000 |
| Income tax | 14,000 | 28,000 | 42,000 | 65,000 |
| Net income | 153,000 | 326,000 | 519,000 | 643,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,268,000 | 6,384,000 | 6,460,000 | 6,361,000 |
| Total capital | 6,532,000 | 6,633,000 | 6,684,000 | 6,580,000 |
| Risk-weighted assets | 38,609,000 | 39,330,000 | 39,915,000 | 39,253,000 |