Call reports 2023
BANK OF MILAN, THE — 2023
What BANK OF MILAN, THE reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 99,390,000 | 97,237,000 | 97,810,000 | 101,841,000 |
| Total loans | 56,829,000 | 56,535,000 | 57,306,000 | 56,341,000 |
| Allowance for loan losses | 206,000 | 215,000 | 223,000 | 230,000 |
| Securities available for sale | 29,495,000 | 27,632,000 | 26,460,000 | 27,612,000 |
| Securities held to maturity | 2,995,000 | 2,491,000 | 2,486,000 | 2,482,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 90,059,000 | 88,689,000 | 90,938,000 | 93,440,000 |
| Interest-bearing deposits | 69,136,000 | 68,819,000 | 70,825,000 | 73,614,000 |
| Noninterest-bearing deposits | 20,923,000 | 19,870,000 | 20,113,000 | 19,826,000 |
| Equity capital | 4,524,000 | 4,110,000 | 3,345,000 | 4,599,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 933,000 | 1,915,000 | 2,962,000 | 4,060,000 |
| Interest expense | 243,000 | 533,000 | 881,000 | 1,290,000 |
| Net interest income | 690,000 | 1,382,000 | 2,081,000 | 2,770,000 |
| Noninterest income | 99,000 | 202,000 | 302,000 | 408,000 |
| Noninterest expense | 558,000 | 1,094,000 | 1,639,000 | 2,162,000 |
| Provision for loan losses | 0 | 9,000 | 18,000 | 24,000 |
| Pretax income | 235,000 | 484,000 | 729,000 | 991,000 |
| Income tax | 18,000 | 36,000 | 54,000 | 52,000 |
| Net income | 217,000 | 448,000 | 675,000 | 939,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,950,000 | 8,059,000 | 8,118,000 | 8,042,000 |
| Total capital | 8,156,000 | 8,274,000 | 8,342,000 | 8,272,000 |
| Risk-weighted assets | 61,199,000 | 60,045,000 | 60,161,000 | 59,882,000 |