Call reports 2021
BANK OF MILAN, THE — 2021
What BANK OF MILAN, THE reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 89,352,000 | 90,430,000 | 89,283,000 | 117,990,000 |
| Total loans | 42,104,000 | 43,947,000 | 43,959,000 | 44,546,000 |
| Allowance for loan losses | 187,000 | 187,000 | 212,000 | 212,000 |
| Securities available for sale | 24,540,000 | 25,708,000 | 25,716,000 | 29,204,000 |
| Securities held to maturity | 1,634,000 | 1,624,000 | 1,614,000 | 2,603,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,575,000 | 81,415,000 | 80,053,000 | 106,469,000 |
| Interest-bearing deposits | 57,754,000 | 59,502,000 | 59,393,000 | 87,039,000 |
| Noninterest-bearing deposits | 22,821,000 | 21,913,000 | 20,660,000 | 19,430,000 |
| Equity capital | 7,453,000 | 7,821,000 | 8,075,000 | 7,687,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 654,000 | 1,384,000 | 2,200,000 | 2,901,000 |
| Interest expense | 42,000 | 79,000 | 113,000 | 147,000 |
| Net interest income | 612,000 | 1,305,000 | 2,087,000 | 2,754,000 |
| Noninterest income | 89,000 | 182,000 | 293,000 | 452,000 |
| Noninterest expense | 492,000 | 995,000 | 1,490,000 | 2,102,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 209,000 | 492,000 | 893,000 | 1,107,000 |
| Income tax | 15,000 | 30,000 | 48,000 | 66,000 |
| Net income | 194,000 | 462,000 | 845,000 | 1,041,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,229,000 | 7,397,000 | 7,657,000 | 7,444,000 |
| Total capital | — | — | 7,873,000 | 7,659,000 |
| Risk-weighted assets | — | — | 50,307,000 | 56,861,000 |