Call reports 2016
MILLENNIUM BANK — 2016
What MILLENNIUM BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 75,173,000 | 82,357,000 | 82,094,000 | 85,545,000 |
| Total loans | 65,888,000 | 67,513,000 | 66,827,000 | 63,960,000 |
| Allowance for loan losses | 482,000 | 513,000 | 543,000 | 543,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,318,000 | 74,062,000 | 67,890,000 | 76,211,000 |
| Interest-bearing deposits | 53,931,000 | 53,398,000 | 53,795,000 | 50,437,000 |
| Noninterest-bearing deposits | 12,387,000 | 20,664,000 | 14,095,000 | 25,774,000 |
| Equity capital | 7,515,000 | 7,963,000 | 8,832,000 | 8,996,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 956,000 | 1,900,000 | 2,901,000 | 3,818,000 |
| Interest expense | 99,000 | 199,000 | 306,000 | 416,000 |
| Net interest income | 857,000 | 1,701,000 | 2,595,000 | 3,402,000 |
| Noninterest income | 209,000 | 561,000 | 1,345,000 | 1,487,000 |
| Noninterest expense | 694,000 | 1,412,000 | 2,191,000 | 2,976,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 90,000 |
| Pretax income | 342,000 | 790,000 | 1,659,000 | 1,823,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 342,000 | 790,000 | 1,659,000 | 1,823,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,515,000 | 7,963,000 | 8,832,000 | 8,996,000 |
| Total capital | 7,997,000 | 8,476,000 | 9,375,000 | 9,539,000 |
| Risk-weighted assets | 57,686,000 | 58,772,000 | 63,142,000 | 57,197,000 |