Call reports 2002
MILLENNIAL BANK — 2002
What MILLENNIAL BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 54,004,000 | 58,619,000 | 65,920,000 | 62,676,000 |
| Total loans | 41,151,000 | 45,542,000 | 43,976,000 | 42,536,000 |
| Allowance for loan losses | 493,000 | 609,000 | 705,000 | 492,000 |
| Securities available for sale | 1,520,000 | 3,607,000 | 4,544,000 | 9,337,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,055,000 | 54,478,000 | 61,658,000 | 58,332,000 |
| Interest-bearing deposits | 45,153,000 | 47,393,000 | 50,898,000 | 51,750,000 |
| Noninterest-bearing deposits | 4,903,000 | 7,084,000 | 10,759,000 | 6,582,000 |
| Equity capital | 3,691,000 | 3,794,000 | 3,882,000 | 4,083,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 863,000 | 1,775,000 | 2,697,000 | 3,612,000 |
| Interest expense | 353,000 | 710,000 | 1,089,000 | 1,472,000 |
| Net interest income | 510,000 | 1,065,000 | 1,608,000 | 2,140,000 |
| Noninterest income | 177,000 | 484,000 | 747,000 | 1,049,000 |
| Noninterest expense | 557,000 | 1,228,000 | 1,827,000 | 2,445,000 |
| Provision for loan losses | 71,000 | 200,000 | 310,000 | 340,000 |
| Pretax income | 59,000 | 121,000 | 218,000 | 510,000 |
| Income tax | 24,000 | 49,000 | 87,000 | 165,000 |
| Net income | 35,000 | 72,000 | 131,000 | 345,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,691,000 | 3,721,000 | 3,786,000 | 3,999,000 |
| Total capital | 4,184,000 | 4,300,000 | 4,371,000 | 4,491,000 |
| Risk-weighted assets | 42,056,000 | 46,316,000 | 46,646,000 | 45,155,000 |