Call reports 2024
MILLENNIUM BANK — 2024
What MILLENNIUM BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 491,062,000 | 502,330,000 | 597,423,000 | 654,643,000 |
| Total loans | 342,500,000 | 359,070,000 | 450,048,000 | 480,951,000 |
| Allowance for loan losses | 5,293,000 | 6,182,000 | 7,494,000 | 7,411,000 |
| Securities available for sale | 21,310,000 | 32,978,000 | 32,957,000 | 35,289,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 412,144,000 | 422,761,000 | 440,356,000 | 515,623,000 |
| Interest-bearing deposits | 364,234,000 | 376,981,000 | 397,771,000 | 476,304,000 |
| Noninterest-bearing deposits | 47,910,000 | 45,780,000 | 42,585,000 | 39,319,000 |
| Equity capital | 74,393,000 | 75,061,000 | 76,502,000 | 78,564,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 8,333,000 | 16,520,000 | 25,565,000 | 36,593,000 |
| Interest expense | 4,405,000 | 8,956,000 | 13,880,000 | 19,832,000 |
| Net interest income | 3,928,000 | 7,564,000 | 11,685,000 | 16,761,000 |
| Noninterest income | 2,328,000 | 4,207,000 | 6,072,000 | 9,628,000 |
| Noninterest expense | 2,895,000 | 6,534,000 | 9,996,000 | 15,249,000 |
| Provision for loan losses | 441,000 | 1,330,000 | 2,829,000 | 3,210,000 |
| Pretax income | 2,920,000 | 3,907,000 | 4,932,000 | 7,930,000 |
| Income tax | 150,000 | 300,000 | 450,000 | 446,000 |
| Net income | 2,770,000 | 3,607,000 | 4,482,000 | 7,484,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 74,438,000 | 75,092,000 | 75,649,000 | 78,486,000 |
| Total capital | 78,690,000 | 79,570,000 | 81,054,000 | 84,518,000 |
| Risk-weighted assets | 339,062,000 | 356,499,000 | 430,299,000 | 481,180,000 |