Call reports 2024
BANK OF MILAN, THE — 2024
What BANK OF MILAN, THE reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 100,574,000 | 99,395,000 | 100,099,000 | 107,959,000 |
| Total loans | 55,271,000 | 56,171,000 | 57,294,000 | 56,386,000 |
| Allowance for loan losses | 229,000 | 228,000 | 228,000 | 224,000 |
| Securities available for sale | 27,203,000 | 26,826,000 | 27,551,000 | 27,809,000 |
| Securities held to maturity | 2,477,000 | 2,473,000 | 2,470,000 | 2,465,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 91,830,000 | 90,317,000 | 91,100,000 | 98,372,000 |
| Interest-bearing deposits | 72,680,000 | 72,556,000 | 73,969,000 | 78,645,000 |
| Noninterest-bearing deposits | 19,150,000 | 17,761,000 | 17,131,000 | 19,727,000 |
| Equity capital | 4,680,000 | 4,649,000 | 5,681,000 | 4,825,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 1,101,000 | 2,200,000 | 3,345,000 | 4,595,000 |
| Interest expense | 419,000 | 848,000 | 1,296,000 | 1,753,000 |
| Net interest income | 682,000 | 1,352,000 | 2,049,000 | 2,842,000 |
| Noninterest income | 97,000 | 195,000 | 310,000 | 450,000 |
| Noninterest expense | 545,000 | 1,090,000 | 1,644,000 | 2,229,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 234,000 | 457,000 | 715,000 | 1,063,000 |
| Income tax | 15,000 | 31,000 | 47,000 | 66,000 |
| Net income | 219,000 | 426,000 | 668,000 | 997,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,260,000 | 8,328,000 | 8,417,000 | 8,352,000 |
| Total capital | 8,489,000 | 8,556,000 | 8,645,000 | 8,576,000 |
| Risk-weighted assets | 59,134,000 | 58,780,000 | 59,048,000 | 58,941,000 |