Call reports 2016
BANK OF MILTON — 2016
What BANK OF MILTON 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 | 107,356,000 | 109,821,000 | 110,105,000 | 117,813,000 |
| Total loans | 74,064,000 | 76,518,000 | 77,248,000 | 76,031,000 |
| Allowance for loan losses | 1,313,000 | 1,353,000 | 1,252,000 | 1,241,000 |
| Securities available for sale | 21,480,000 | 22,872,000 | 22,893,000 | 24,893,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 97,377,000 | 99,804,000 | 100,100,000 | 108,123,000 |
| Interest-bearing deposits | 84,332,000 | 86,015,000 | 85,650,000 | 90,458,000 |
| Noninterest-bearing deposits | 13,045,000 | 13,789,000 | 14,450,000 | 17,665,000 |
| Equity capital | 9,909,000 | 9,923,000 | 9,887,000 | 9,619,000 |
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 | 1,077,000 | 2,154,000 | 3,259,000 | 4,357,000 |
| Interest expense | 92,000 | 186,000 | 284,000 | 380,000 |
| Net interest income | 985,000 | 1,968,000 | 2,975,000 | 3,977,000 |
| Noninterest income | 130,000 | 278,000 | 436,000 | 583,000 |
| Noninterest expense | 735,000 | 1,472,000 | 2,189,000 | 2,851,000 |
| Provision for loan losses | 0 | 0 | 10,000 | 40,000 |
| Pretax income | 379,000 | 773,000 | 1,211,000 | 1,523,000 |
| Income tax | 2,000 | 3,000 | 4,000 | 5,000 |
| Net income | 377,000 | 770,000 | 1,207,000 | 1,518,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,699,000 | 9,448,000 | 9,517,000 | 9,833,000 |
| Total capital | 10,792,000 | 10,627,000 | 10,678,000 | 11,008,000 |
| Risk-weighted assets | 87,237,000 | 94,111,000 | 92,767,000 | 93,903,000 |