Call reports 2022
MILESTONE BANK — 2022
What MILESTONE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 170,401,000 | 179,503,000 | 187,209,000 | 220,200,000 |
| Total loans | 157,473,000 | 166,160,000 | 168,631,000 | 188,123,000 |
| Allowance for loan losses | 4,843,000 | 4,799,000 | 4,926,000 | 4,753,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 521,000 | 521,000 | 462,000 | 462,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 133,051,000 | 142,234,000 | 138,133,000 | 169,887,000 |
| Interest-bearing deposits | 132,763,000 | 141,839,000 | 137,653,000 | 169,164,000 |
| Noninterest-bearing deposits | 288,000 | 395,000 | 480,000 | 723,000 |
| Equity capital | 29,005,000 | 29,964,000 | 42,178,000 | 42,832,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 3,978,000 | 8,174,000 | 12,238,000 | 16,665,000 |
| Interest expense | 307,000 | 654,000 | 1,076,000 | 1,749,000 |
| Net interest income | 3,671,000 | 7,520,000 | 11,162,000 | 14,916,000 |
| Noninterest income | 159,000 | 309,000 | 442,000 | 559,000 |
| Noninterest expense | 2,136,000 | 4,270,000 | 6,842,000 | 9,325,000 |
| Provision for loan losses | 262,000 | 498,000 | 727,000 | 1,244,000 |
| Pretax income | 1,405,000 | 3,016,000 | 3,968,000 | 4,840,000 |
| Income tax | 351,000 | 753,000 | 991,000 | 1,209,000 |
| Net income | 1,054,000 | 2,263,000 | 2,977,000 | 3,631,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,005,000 | 29,964,000 | 42,178,000 | 42,832,000 |