Call reports 2013
MILESTONE BANK — 2013
What MILESTONE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 75,004,000 | 80,352,000 | 79,504,000 | 86,356,000 |
| Total loans | 71,032,000 | 70,467,000 | 75,007,000 | 78,009,000 |
| Allowance for loan losses | 1,608,000 | 1,535,000 | 1,538,000 | 1,906,000 |
| Securities available for sale | 500,000 | 487,000 | 487,000 | 483,000 |
| Securities held to maturity | 235,000 | 335,000 | 335,000 | 335,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 57,120,000 | 61,354,000 | 59,699,000 | 65,859,000 |
| Interest-bearing deposits | 56,690,000 | 60,898,000 | 59,288,000 | 65,246,000 |
| Noninterest-bearing deposits | 430,000 | 456,000 | 411,000 | 613,000 |
| Equity capital | 12,958,000 | 13,401,000 | 13,713,000 | 14,131,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 2,047,000 | 4,172,000 | 6,340,000 | 8,441,000 |
| Interest expense | 183,000 | 358,000 | 526,000 | 701,000 |
| Net interest income | 1,864,000 | 3,814,000 | 5,814,000 | 7,740,000 |
| Noninterest income | 163,000 | 220,000 | 222,000 | 222,000 |
| Noninterest expense | 808,000 | 1,591,000 | 2,502,000 | 3,447,000 |
| Provision for loan losses | 330,000 | 388,000 | 631,000 | 930,000 |
| Pretax income | 889,000 | 2,055,000 | 2,903,000 | 3,585,000 |
| Income tax | 338,000 | 779,000 | 1,056,000 | 1,305,000 |
| Net income | 551,000 | 1,276,000 | 1,847,000 | 2,280,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,958,000 | 13,401,000 | 13,713,000 | 14,131,000 |
| Total capital | 13,866,000 | 14,317,000 | 14,672,000 | 15,138,000 |
| Risk-weighted assets | 71,931,000 | 72,666,000 | 76,200,000 | 79,702,000 |