Call reports 2024
MILESTONE BANK — 2024
What MILESTONE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 367,063,000 | 387,032,000 | 403,035,000 | 365,543,000 |
| Total loans | 334,811,000 | 349,434,000 | 313,078,000 | 332,656,000 |
| Allowance for loan losses | 7,257,000 | 7,628,000 | 8,457,000 | 7,404,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,930,000 | 1,930,000 | 1,895,000 | 1,895,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 310,592,000 | 331,722,000 | 342,358,000 | 303,755,000 |
| Interest-bearing deposits | 308,095,000 | 328,389,000 | 336,589,000 | 297,097,000 |
| Noninterest-bearing deposits | 2,497,000 | 3,333,000 | 5,769,000 | 6,658,000 |
| Equity capital | 43,433,000 | 44,546,000 | 45,758,000 | 46,853,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 8,462,000 | 17,704,000 | 27,050,000 | 35,826,000 |
| Interest expense | 2,921,000 | 6,123,000 | 9,519,000 | 12,831,000 |
| Net interest income | 5,541,000 | 11,581,000 | 17,531,000 | 22,995,000 |
| Noninterest income | 277,000 | 830,000 | 1,578,000 | 2,238,000 |
| Noninterest expense | 2,791,000 | 5,845,000 | 8,933,000 | 11,974,000 |
| Provision for loan losses | 2,578,000 | 4,628,000 | 6,642,000 | 8,391,000 |
| Pretax income | 444,000 | 1,930,000 | 3,546,000 | 4,863,000 |
| Income tax | 111,000 | 483,000 | 888,000 | 1,218,000 |
| Net income | 333,000 | 1,447,000 | 2,658,000 | 3,645,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,344,000 | 44,345,000 | 45,407,000 | 46,344,000 |