Call reports 2020
BANK OF MILTON — 2020
What BANK OF MILTON 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 | 129,470,000 | 149,893,000 | 156,406,000 | 164,826,000 |
| Total loans | 99,775,000 | 109,427,000 | 113,605,000 | 117,422,000 |
| Allowance for loan losses | 1,466,000 | 1,497,000 | 1,523,000 | 1,555,000 |
| Securities available for sale | 20,966,000 | 28,340,000 | 32,356,000 | 34,713,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 116,147,000 | 131,596,000 | 134,610,000 | 139,707,000 |
| Interest-bearing deposits | 97,074,000 | 104,191,000 | 105,016,000 | 111,125,000 |
| Noninterest-bearing deposits | 19,073,000 | 27,405,000 | 29,594,000 | 28,582,000 |
| Equity capital | 13,100,000 | 14,208,000 | 14,764,000 | 16,092,000 |
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 | 1,438,000 | 2,907,000 | 4,460,000 | 6,055,000 |
| Interest expense | 174,000 | 327,000 | 462,000 | 582,000 |
| Net interest income | 1,264,000 | 2,580,000 | 3,998,000 | 5,473,000 |
| Noninterest income | 146,000 | 703,000 | 1,035,000 | 1,355,000 |
| Noninterest expense | 846,000 | 1,590,000 | 2,446,000 | 3,242,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 561,000 | 1,660,000 | 2,524,000 | 3,493,000 |
| Income tax | 140,000 | 185,000 | 234,000 | 365,000 |
| Net income | 421,000 | 1,475,000 | 2,290,000 | 3,128,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,950,000 | 12,768,000 | 13,311,000 | 14,156,000 |
| Total capital | — | 14,223,000 | 14,834,000 | 15,711,000 |
| Risk-weighted assets | — | 116,406,000 | 122,280,000 | 127,572,000 |