Call reports 2014
MILESTONE BANK — 2014
What MILESTONE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 85,046,000 | 92,102,000 | 101,396,000 | 118,937,000 |
| Total loans | 78,953,000 | 86,370,000 | 95,179,000 | 109,202,000 |
| Allowance for loan losses | 1,837,000 | 1,832,000 | 2,237,000 | 2,369,000 |
| Securities available for sale | 489,000 | 498,000 | 499,000 | 506,000 |
| Securities held to maturity | 273,000 | 273,000 | 255,000 | 405,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 63,955,000 | 69,477,000 | 80,068,000 | 94,796,000 |
| Interest-bearing deposits | 63,214,000 | 69,003,000 | 79,436,000 | 93,295,000 |
| Noninterest-bearing deposits | 741,000 | 474,000 | 632,000 | 1,501,000 |
| Equity capital | 14,540,000 | 14,824,000 | 14,904,000 | 15,257,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 2,145,000 | 4,394,000 | 6,765,000 | 9,299,000 |
| Interest expense | 172,000 | 346,000 | 531,000 | 760,000 |
| Net interest income | 1,973,000 | 4,048,000 | 6,234,000 | 8,539,000 |
| Noninterest income | 53,000 | 67,000 | 91,000 | 502,000 |
| Noninterest expense | 892,000 | 1,941,000 | 3,097,000 | 4,358,000 |
| Provision for loan losses | 79,000 | 262,000 | 777,000 | 1,264,000 |
| Pretax income | 1,055,000 | 1,912,000 | 2,451,000 | 3,419,000 |
| Income tax | 392,000 | 714,000 | 915,000 | 1,277,000 |
| Net income | 663,000 | 1,198,000 | 1,536,000 | 2,142,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,540,000 | 14,824,000 | 14,904,000 | 15,257,000 |
| Total capital | 15,553,000 | 15,929,000 | 16,121,000 | 16,677,000 |
| Risk-weighted assets | 80,196,000 | 87,637,000 | 96,329,000 | 112,645,000 |