Call reports 2020
MILESTONE BANK — 2020
What MILESTONE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 155,513,000 | 229,745,000 | 217,790,000 | 206,527,000 |
| Total loans | 139,429,000 | 200,830,000 | 198,496,000 | 188,673,000 |
| Allowance for loan losses | 3,969,000 | 5,340,000 | 5,380,000 | 5,142,000 |
| Securities available for sale | 569,000 | 577,000 | 579,000 | 0 |
| Securities held to maturity | 644,000 | 644,000 | 536,000 | 536,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 127,077,000 | 130,187,000 | 117,426,000 | 118,474,000 |
| Interest-bearing deposits | 126,166,000 | 129,455,000 | 116,823,000 | 118,017,000 |
| Noninterest-bearing deposits | 911,000 | 732,000 | 602,000 | 457,000 |
| Equity capital | 24,715,000 | 24,459,000 | 25,800,000 | 25,959,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 3,651,000 | 7,740,000 | 12,268,000 | 15,410,000 |
| Interest expense | 716,000 | 1,455,000 | 2,155,000 | 2,741,000 |
| Net interest income | 2,935,000 | 6,285,000 | 10,113,000 | 12,669,000 |
| Noninterest income | 22,000 | 24,000 | 28,000 | 220,000 |
| Noninterest expense | 1,688,000 | 3,312,000 | 4,905,000 | 6,870,000 |
| Provision for loan losses | 986,000 | 3,005,000 | 3,401,000 | 3,582,000 |
| Pretax income | 283,000 | -8,000 | 1,835,000 | 2,449,000 |
| Income tax | 74,000 | 3,000 | 463,000 | 614,000 |
| Net income | 209,000 | -11,000 | 1,372,000 | 1,835,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,715,000 | 24,459,000 | 25,800,000 | 25,959,000 |