Call reports 2020
MILLENNIUM BANK — 2020
What MILLENNIUM BANK 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 | 196,591,000 | 473,944,000 | 491,357,000 | 488,028,000 |
| Total loans | 153,964,000 | 358,584,000 | 362,949,000 | 357,241,000 |
| Allowance for loan losses | 1,702,000 | 4,478,000 | 4,539,000 | 4,598,000 |
| Securities available for sale | 8,282,000 | 32,148,000 | 29,866,000 | 27,829,000 |
| Securities held to maturity | 3,362,000 | 3,545,000 | 3,543,000 | 3,540,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 173,771,000 | 407,926,000 | 425,583,000 | 429,884,000 |
| Interest-bearing deposits | 125,395,000 | 279,882,000 | 298,268,000 | 310,144,000 |
| Noninterest-bearing deposits | 48,375,000 | 128,043,000 | 127,316,000 | 119,739,000 |
| Equity capital | 21,057,000 | 47,523,000 | 47,674,000 | 47,927,000 |
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 | 2,544,000 | 5,811,000 | 10,657,000 | 15,394,000 |
| Interest expense | 437,000 | 886,000 | 1,512,000 | 2,095,000 |
| Net interest income | 2,107,000 | 4,925,000 | 9,145,000 | 13,299,000 |
| Noninterest income | 161,000 | 354,000 | 622,000 | 900,000 |
| Noninterest expense | 1,858,000 | 5,185,000 | 9,084,000 | 12,845,000 |
| Provision for loan losses | 50,000 | 90,000 | 90,000 | 90,000 |
| Pretax income | 360,000 | 7,000 | 596,000 | 1,267,000 |
| Income tax | 24,000 | 2,000 | 41,000 | 86,000 |
| Net income | 336,000 | 5,000 | 555,000 | 1,181,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,942,000 | 43,148,000 | 43,279,000 | 43,483,000 |