Call reports 2010
MILLENNIUM BANK — 2010
What MILLENNIUM BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 41,275,000 | 46,526,000 | 48,425,000 | 46,267,000 |
| Total loans | 31,059,000 | 30,032,000 | 32,458,000 | 33,475,000 |
| Allowance for loan losses | 881,000 | 911,000 | 931,000 | 926,000 |
| Securities available for sale | 4,383,000 | 5,391,000 | 4,038,000 | 4,986,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,649,000 | 41,970,000 | 43,842,000 | 41,908,000 |
| Interest-bearing deposits | 34,569,000 | 39,411,000 | 41,241,000 | 39,576,000 |
| Noninterest-bearing deposits | 2,080,000 | 2,559,000 | 2,601,000 | 2,332,000 |
| Equity capital | 4,520,000 | 4,420,000 | 4,462,000 | 4,204,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 524,000 | 1,000,000 | 1,507,000 | 2,042,000 |
| Interest expense | 222,000 | 432,000 | 646,000 | 831,000 |
| Net interest income | 302,000 | 568,000 | 861,000 | 1,211,000 |
| Noninterest income | 4,000 | 9,000 | 16,000 | 21,000 |
| Noninterest expense | 348,000 | 697,000 | 1,357,000 | 1,919,000 |
| Provision for loan losses | 30,000 | 60,000 | 80,000 | 80,000 |
| Pretax income | -72,000 | -180,000 | -560,000 | -767,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -72,000 | -180,000 | -560,000 | -767,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,521,000 | 4,414,000 | 4,423,000 | 4,217,000 |
| Total capital | 4,940,000 | 4,824,000 | 4,853,000 | 4,687,000 |
| Risk-weighted assets | 32,924,000 | 31,849,000 | 33,875,000 | 36,401,000 |