Call reports 2023
MILLENNIUM BANK — 2023
What MILLENNIUM BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 351,297,000 | 388,601,000 | 430,691,000 | 485,451,000 |
| Total loans | 267,786,000 | 273,525,000 | 298,490,000 | 323,454,000 |
| Allowance for loan losses | 4,272,000 | 5,780,000 | 6,047,000 | 4,850,000 |
| Securities available for sale | 23,435,000 | 22,325,000 | 22,595,000 | 23,887,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 271,770,000 | 308,685,000 | 352,893,000 | 405,612,000 |
| Interest-bearing deposits | 216,943,000 | 268,699,000 | 313,518,000 | 360,049,000 |
| Noninterest-bearing deposits | 54,827,000 | 39,986,000 | 39,375,000 | 45,563,000 |
| Equity capital | 69,335,000 | 70,797,000 | 72,150,000 | 75,041,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 6,030,000 | 12,703,000 | 19,914,000 | 28,187,000 |
| Interest expense | 1,678,000 | 4,263,000 | 7,513,000 | 11,741,000 |
| Net interest income | 4,352,000 | 8,440,000 | 12,401,000 | 16,446,000 |
| Noninterest income | 1,274,000 | 3,580,000 | 4,232,000 | 6,549,000 |
| Noninterest expense | 2,337,000 | 5,164,000 | 7,818,000 | 11,636,000 |
| Provision for loan losses | 0 | 1,504,000 | 1,773,000 | 1,787,000 |
| Pretax income | 3,289,000 | 5,352,000 | 7,042,000 | 9,572,000 |
| Income tax | 150,000 | 300,000 | 450,000 | 410,000 |
| Net income | 3,139,000 | 5,052,000 | 6,592,000 | 9,162,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 69,244,000 | 70,932,000 | 72,482,000 | 74,892,000 |
| Total capital | 72,517,000 | 74,418,000 | 76,235,000 | 78,904,000 |
| Risk-weighted assets | 260,843,000 | 276,566,000 | 297,936,000 | 320,160,000 |