Call reports 2023
MILESTONE BANK — 2023
What MILESTONE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 225,037,000 | 251,157,000 | 286,508,000 | 315,994,000 |
| Total loans | 201,517,000 | 224,002,000 | 257,269,000 | 284,030,000 |
| Allowance for loan losses | 4,753,000 | 5,138,000 | 5,726,000 | 6,451,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 445,000 | 1,445,000 | 1,440,000 | 1,940,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 176,138,000 | 202,504,000 | 236,913,000 | 267,897,000 |
| Interest-bearing deposits | 175,511,000 | 201,867,000 | 236,343,000 | 266,946,000 |
| Noninterest-bearing deposits | 627,000 | 637,000 | 570,000 | 951,000 |
| Equity capital | 42,950,000 | 42,915,000 | 42,976,000 | 43,100,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 4,805,000 | 9,748,000 | 15,964,000 | 23,123,000 |
| Interest expense | 997,000 | 2,174,000 | 3,908,000 | 6,168,000 |
| Net interest income | 3,808,000 | 7,574,000 | 12,056,000 | 16,955,000 |
| Noninterest income | 104,000 | 195,000 | 301,000 | 570,000 |
| Noninterest expense | 3,020,000 | 5,864,000 | 8,844,000 | 11,636,000 |
| Provision for loan losses | 742,000 | 1,789,000 | 3,300,000 | 5,532,000 |
| Pretax income | 158,000 | 116,000 | 197,000 | 364,000 |
| Income tax | 40,000 | 33,000 | 53,000 | 96,000 |
| Net income | 118,000 | 83,000 | 144,000 | 268,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,950,000 | 42,915,000 | 42,969,000 | 43,051,000 |