Call reports 2020
MILLENNIUM BANK — 2020
What MILLENNIUM BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 161,036,000 | 197,470,000 | 217,453,000 | 224,726,000 |
| Total loans | 134,644,000 | 159,101,000 | 158,422,000 | 153,454,000 |
| Allowance for loan losses | 1,655,000 | 1,656,000 | 2,388,000 | 2,331,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 137,763,000 | 170,318,000 | 184,577,000 | 193,963,000 |
| Interest-bearing deposits | 116,093,000 | 133,618,000 | 146,227,000 | 160,299,000 |
| Noninterest-bearing deposits | 21,670,000 | 36,700,000 | 38,350,000 | 33,664,000 |
| Equity capital | 19,015,000 | 19,747,000 | 21,030,000 | 24,449,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,004,000 | 3,977,000 | 6,064,000 | 8,132,000 |
| Interest expense | 654,000 | 1,287,000 | 1,899,000 | 2,485,000 |
| Net interest income | 1,350,000 | 2,690,000 | 4,165,000 | 5,647,000 |
| Noninterest income | 1,294,000 | 2,386,000 | 6,350,000 | 6,910,000 |
| Noninterest expense | 1,627,000 | 3,227,000 | 5,643,000 | 7,266,000 |
| Provision for loan losses | 445,000 | 445,000 | 1,195,000 | 1,195,000 |
| Pretax income | 572,000 | 1,404,000 | 3,677,000 | 4,096,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 572,000 | 1,404,000 | 3,677,000 | 4,096,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,015,000 | 19,747,000 | 21,030,000 | 24,449,000 |
| Total capital | 20,610,000 | 21,403,000 | 22,752,000 | 26,072,000 |
| Risk-weighted assets | 127,565,000 | 134,362,000 | 137,106,000 | 129,141,000 |