Call reports 2007
MILLENNIAL BANK — 2007
What MILLENNIAL BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 80,214,000 | 81,967,000 | 84,295,000 | 83,729,000 |
| Total loans | 61,245,000 | 61,733,000 | 63,840,000 | 63,666,000 |
| Allowance for loan losses | 493,000 | 520,000 | 536,000 | 570,000 |
| Securities available for sale | 11,119,000 | 10,827,000 | 12,439,000 | 13,121,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,740,000 | 68,524,000 | 70,313,000 | 66,674,000 |
| Interest-bearing deposits | 55,354,000 | 55,860,000 | 57,131,000 | 55,800,000 |
| Noninterest-bearing deposits | 11,386,000 | 12,664,000 | 13,183,000 | 10,873,000 |
| Equity capital | 5,886,000 | 5,819,000 | 6,295,000 | 6,498,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,487,000 | 3,039,000 | 4,587,000 | 6,105,000 |
| Interest expense | 495,000 | 1,001,000 | 1,544,000 | 2,121,000 |
| Net interest income | 992,000 | 2,038,000 | 3,043,000 | 3,984,000 |
| Noninterest income | 331,000 | 521,000 | 690,000 | 887,000 |
| Noninterest expense | 740,000 | 1,523,000 | 2,281,000 | 2,999,000 |
| Provision for loan losses | 45,000 | 87,000 | 110,000 | 185,000 |
| Pretax income | 538,000 | 949,000 | 1,342,000 | 1,687,000 |
| Income tax | 35,000 | 62,000 | 87,000 | 98,000 |
| Net income | 503,000 | 887,000 | 1,255,000 | 1,589,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,156,000 | 6,240,000 | 6,598,000 | 6,757,000 |
| Total capital | 6,649,000 | 6,760,000 | 7,134,000 | 7,327,000 |
| Risk-weighted assets | 61,673,000 | 63,285,000 | 64,857,000 | 64,145,000 |