Call reports 2021
MILESTONE BANK — 2021
What MILESTONE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 223,673,000 | 211,298,000 | 180,341,000 | 170,191,000 |
| Total loans | 205,121,000 | 189,450,000 | 166,110,000 | 157,294,000 |
| Allowance for loan losses | 5,049,000 | 4,918,000 | 4,838,000 | 4,649,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 352,000 | 352,000 | 604,000 | 604,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 123,777,000 | 124,576,000 | 123,956,000 | 128,681,000 |
| Interest-bearing deposits | 123,376,000 | 124,127,000 | 123,619,000 | 128,300,000 |
| Noninterest-bearing deposits | 401,000 | 449,000 | 337,000 | 381,000 |
| Equity capital | 26,738,000 | 28,054,000 | 27,198,000 | 27,951,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 3,936,000 | 8,202,000 | 12,250,000 | 16,153,000 |
| Interest expense | 510,000 | 980,000 | 1,375,000 | 1,720,000 |
| Net interest income | 3,426,000 | 7,222,000 | 10,875,000 | 14,433,000 |
| Noninterest income | 284,000 | 487,000 | 682,000 | 865,000 |
| Noninterest expense | 2,208,000 | 4,411,000 | 6,788,000 | 9,151,000 |
| Provision for loan losses | 382,000 | 53,000 | 222,000 | 259,000 |
| Pretax income | 1,110,000 | 3,236,000 | 4,536,000 | 5,872,000 |
| Income tax | 290,000 | 809,000 | 1,134,000 | 1,467,000 |
| Net income | 820,000 | 2,427,000 | 3,402,000 | 4,405,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,738,000 | 28,054,000 | 27,198,000 | 27,951,000 |