Call reports 2010
MILESTONE BANK — 2010
What MILESTONE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 48,482,000 | 53,009,000 | 56,836,000 | 59,064,000 |
| Total loans | 43,744,000 | 49,199,000 | 53,979,000 | 56,173,000 |
| Allowance for loan losses | 1,455,000 | 1,669,000 | 1,737,000 | 1,726,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 289,000 | 289,000 | 279,000 | 379,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,155,000 | 44,347,000 | 48,753,000 | 50,041,000 |
| Interest-bearing deposits | 40,930,000 | 44,010,000 | 48,451,000 | 49,643,000 |
| Noninterest-bearing deposits | 225,000 | 337,000 | 302,000 | 398,000 |
| Equity capital | 6,155,000 | 6,317,000 | 6,662,000 | 7,190,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,651,000 | 3,367,000 | 5,219,000 | 7,083,000 |
| Interest expense | 307,000 | 613,000 | 900,000 | 1,187,000 |
| Net interest income | 1,344,000 | 2,754,000 | 4,319,000 | 5,896,000 |
| Noninterest income | 1,000 | 3,000 | 117,000 | 189,000 |
| Noninterest expense | 647,000 | 1,433,000 | 2,248,000 | 2,977,000 |
| Provision for loan losses | 269,000 | 552,000 | 794,000 | 889,000 |
| Pretax income | 429,000 | 772,000 | 1,394,000 | 2,219,000 |
| Income tax | 161,000 | 292,000 | 519,000 | 816,000 |
| Net income | 268,000 | 480,000 | 875,000 | 1,403,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,155,000 | 6,317,000 | 6,662,000 | 7,190,000 |
| Total capital | 6,725,000 | 6,954,000 | 7,357,000 | 7,912,000 |
| Risk-weighted assets | 44,729,000 | 49,902,000 | 54,542,000 | 56,735,000 |