Call reports 2014
MILLENNIUM BANK — 2014
What MILLENNIUM BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 50,362,000 | 52,589,000 | 58,445,000 | 62,092,000 |
| Total loans | 38,788,000 | 43,896,000 | 52,636,000 | 50,858,000 |
| Allowance for loan losses | 571,000 | 571,000 | 429,000 | 444,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,124,000 | 47,142,000 | 52,656,000 | 53,821,000 |
| Interest-bearing deposits | 39,325,000 | 40,366,000 | 44,531,000 | 44,187,000 |
| Noninterest-bearing deposits | 5,799,000 | 6,776,000 | 8,125,000 | 9,634,000 |
| Equity capital | 4,939,000 | 5,266,000 | 5,575,000 | 6,068,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 487,000 | 1,031,000 | 1,666,000 | 2,369,000 |
| Interest expense | 78,000 | 153,000 | 232,000 | 315,000 |
| Net interest income | 409,000 | 878,000 | 1,434,000 | 2,054,000 |
| Noninterest income | 65,000 | 402,000 | 848,000 | 1,246,000 |
| Noninterest expense | 441,000 | 920,000 | 1,383,000 | 1,893,000 |
| Provision for loan losses | 0 | 0 | 230,000 | 245,000 |
| Pretax income | 33,000 | 360,000 | 669,000 | 1,162,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 33,000 | 360,000 | 669,000 | 1,162,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,939,000 | 5,266,000 | 5,575,000 | 6,068,000 |
| Total capital | 5,466,000 | 5,808,000 | 6,004,000 | 6,512,000 |
| Risk-weighted assets | 42,071,000 | 43,556,000 | 47,276,000 | 48,292,000 |