Call reports 2003
MILLENNIAL BANK — 2003
What MILLENNIAL BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 66,894,000 | 67,917,000 | 69,035,000 | 67,276,000 |
| Total loans | 40,720,000 | 42,501,000 | 44,065,000 | 44,025,000 |
| Allowance for loan losses | 430,000 | 413,000 | 507,000 | 410,000 |
| Securities available for sale | 8,741,000 | 10,082,000 | 13,049,000 | 13,406,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 62,545,000 | 63,486,000 | 64,518,000 | 62,897,000 |
| Interest-bearing deposits | 55,818,000 | 56,303,000 | 57,217,000 | 56,154,000 |
| Noninterest-bearing deposits | 6,727,000 | 7,182,000 | 7,301,000 | 6,743,000 |
| Equity capital | 4,154,000 | 4,262,000 | 4,311,000 | 4,295,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 901,000 | 1,796,000 | 2,745,000 | 3,674,000 |
| Interest expense | 368,000 | 716,000 | 1,018,000 | 1,273,000 |
| Net interest income | 533,000 | 1,080,000 | 1,727,000 | 2,401,000 |
| Noninterest income | 257,000 | 545,000 | 795,000 | 991,000 |
| Noninterest expense | 651,000 | 1,302,000 | 1,934,000 | 2,498,000 |
| Provision for loan losses | 0 | 10,000 | 115,000 | 518,000 |
| Pretax income | 139,000 | 332,000 | 504,000 | 407,000 |
| Income tax | 57,000 | 134,000 | 203,000 | 147,000 |
| Net income | 82,000 | 198,000 | 301,000 | 260,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,082,000 | 4,197,000 | 4,300,000 | 4,259,000 |
| Total capital | 4,512,000 | 4,610,000 | 4,807,000 | 4,669,000 |
| Risk-weighted assets | 45,124,000 | 46,239,000 | 46,828,000 | 46,521,000 |