Call reports 2022
BANK OF MILAN, THE — 2022
What BANK OF MILAN, THE reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 119,939,000 | 100,777,000 | 97,168,000 | 98,180,000 |
| Total loans | 43,197,000 | 49,953,000 | 53,417,000 | 55,278,000 |
| Allowance for loan losses | 207,000 | 208,000 | 209,000 | 206,000 |
| Securities available for sale | 32,023,000 | 31,283,000 | 29,784,000 | 29,876,000 |
| Securities held to maturity | 2,593,000 | 3,012,000 | 3,006,000 | 3,001,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 110,899,000 | 92,513,000 | 89,853,000 | 88,425,000 |
| Interest-bearing deposits | 89,387,000 | 72,229,000 | 69,288,000 | 68,561,000 |
| Noninterest-bearing deposits | 21,512,000 | 20,284,000 | 20,565,000 | 19,864,000 |
| Equity capital | 5,765,000 | 4,335,000 | 3,374,000 | 3,805,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 701,000 | 1,449,000 | 2,253,000 | 3,127,000 |
| Interest expense | 39,000 | 78,000 | 138,000 | 276,000 |
| Net interest income | 662,000 | 1,371,000 | 2,115,000 | 2,851,000 |
| Noninterest income | 90,000 | 187,000 | 295,000 | 394,000 |
| Noninterest expense | 517,000 | 1,051,000 | 1,589,000 | 2,169,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 235,000 | 507,000 | 821,000 | 1,076,000 |
| Income tax | 18,000 | 36,000 | 54,000 | 68,000 |
| Net income | 217,000 | 471,000 | 767,000 | 1,008,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,655,000 | 7,768,000 | 7,898,000 | 7,732,000 |
| Total capital | 7,866,000 | 7,980,000 | 8,111,000 | 7,942,000 |
| Risk-weighted assets | 56,300,000 | 57,124,000 | 59,018,000 | 60,639,000 |