Call reports 2009
MILESTONE BANK — 2009
What MILESTONE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 34,187,000 | 34,280,000 | 39,846,000 | 41,981,000 |
| Total loans | 30,634,000 | 31,907,000 | 38,523,000 | 40,146,000 |
| Allowance for loan losses | 1,176,000 | 1,134,000 | 1,283,000 | 1,371,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 300,000 | 299,000 | 299,000 | 299,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 27,535,000 | 27,599,000 | 32,744,000 | 34,570,000 |
| Interest-bearing deposits | 27,377,000 | 27,377,000 | 32,565,000 | 34,322,000 |
| Noninterest-bearing deposits | 158,000 | 222,000 | 179,000 | 248,000 |
| Equity capital | 5,654,000 | 5,705,000 | 5,838,000 | 5,937,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 1,212,000 | 2,456,000 | 3,844,000 | 5,303,000 |
| Interest expense | 333,000 | 650,000 | 970,000 | 1,280,000 |
| Net interest income | 879,000 | 1,806,000 | 2,874,000 | 4,023,000 |
| Noninterest income | 1,000 | 3,000 | 4,000 | 5,000 |
| Noninterest expense | 414,000 | 903,000 | 1,431,000 | 1,970,000 |
| Provision for loan losses | 252,000 | 616,000 | 958,000 | 1,327,000 |
| Pretax income | 214,000 | 290,000 | 489,000 | 731,000 |
| Income tax | 67,000 | 92,000 | 158,000 | 301,000 |
| Net income | 147,000 | 198,000 | 331,000 | 430,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,654,000 | 5,705,000 | 5,838,000 | 5,937,000 |
| Total capital | 6,057,000 | 6,121,000 | 6,334,000 | 6,457,000 |
| Risk-weighted assets | 31,457,000 | 32,536,000 | 38,875,000 | 40,526,000 |