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Call reports 2023

MILLENNIUM BANK — 2023

What MILLENNIUM BANK reported to the FFIEC in 2023, quarter by quarter.

PERIOD: 2023SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/69af345c-fb64-457c-946f-d652f95e8267/2023

Balance sheet

What the bank holds and owes at quarter end

Measure2023Q12023Q22023Q32023Q4
Total assets507,027,000531,367,000514,856,000535,384,000
Total loans384,913,000389,440,000406,431,000428,489,000
Allowance for loan losses5,628,0005,586,0005,603,0005,072,000
Securities available for sale72,051,00071,686,00070,808,00072,819,000
Securities held to maturity3,121,0003,069,0003,067,0003,064,000
Trading assets0000
Total deposits438,151,000462,781,000440,962,000457,835,000
Interest-bearing deposits309,240,000323,737,000308,821,000337,300,000
Noninterest-bearing deposits128,912,000139,044,000132,141,000120,535,000
Equity capital50,709,00049,590,00049,698,00053,009,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2023Q12023Q22023Q32023Q4
Interest income6,134,00012,949,00019,882,00027,246,000
Interest expense1,187,0002,924,0004,863,0007,170,000
Net interest income4,947,00010,025,00015,019,00020,076,000
Noninterest income221,000465,000692,000915,000
Noninterest expense3,481,0007,017,00010,893,00014,180,000
Provision for loan losses0000
Pretax income1,687,0003,473,0004,818,0006,811,000
Income tax00025,000
Net income1,687,0003,473,0004,818,0006,786,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2023Q12023Q22023Q32023Q4
Tier 1 capital51,431,00050,597,00051,471,00052,869,000