Call reports 2024
BANK OF MILTON — 2024
What BANK OF MILTON 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 | 188,442,000 | 193,754,000 | 194,502,000 | 206,886,000 |
| Total loans | 133,410,000 | 136,876,000 | 140,414,000 | 143,695,000 |
| Allowance for loan losses | 1,869,000 | 1,880,000 | 1,859,000 | 1,886,000 |
| Securities available for sale | 39,784,000 | 39,539,000 | 39,939,000 | 37,192,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 170,677,000 | 175,830,000 | 173,513,000 | 187,272,000 |
| Interest-bearing deposits | 140,554,000 | 143,183,000 | 139,196,000 | 153,187,000 |
| Noninterest-bearing deposits | 30,123,000 | 32,647,000 | 34,317,000 | 34,085,000 |
| Equity capital | 14,336,000 | 14,485,000 | 16,373,000 | 14,732,000 |
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 | 2,485,000 | 5,038,000 | 7,774,000 | 10,556,000 |
| Interest expense | 613,000 | 1,311,000 | 2,052,000 | 2,845,000 |
| Net interest income | 1,872,000 | 3,727,000 | 5,722,000 | 7,711,000 |
| Noninterest income | 158,000 | 325,000 | 515,000 | 695,000 |
| Noninterest expense | 968,000 | 1,978,000 | 2,969,000 | 3,976,000 |
| Provision for loan losses | 30,000 | 40,000 | 60,000 | 130,000 |
| Pretax income | 1,032,000 | 2,035,000 | 2,895,000 | 3,987,000 |
| Income tax | 219,000 | 440,000 | 640,000 | 876,000 |
| Net income | 813,000 | 1,595,000 | 2,255,000 | 3,111,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,977,000 | 17,435,000 | 17,802,000 | 18,399,000 |