Call reports 2008
MILLENNIAL BANK — 2008
What MILLENNIAL BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 88,203,000 | 98,459,000 | 107,556,000 | 107,397,000 |
| Total loans | 67,198,000 | 72,382,000 | 79,633,000 | 82,728,000 |
| Allowance for loan losses | 540,000 | 534,000 | 554,000 | 948,000 |
| Securities available for sale | 14,225,000 | 16,962,000 | 15,506,000 | 12,381,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 73,232,000 | 78,945,000 | 89,996,000 | 89,350,000 |
| Interest-bearing deposits | 61,722,000 | 64,788,000 | 80,663,000 | 81,002,000 |
| Noninterest-bearing deposits | 11,510,000 | 14,158,000 | 9,333,000 | 8,348,000 |
| Equity capital | 6,781,000 | 6,463,000 | 7,019,000 | 7,649,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,465,000 | 2,899,000 | 4,393,000 | 5,861,000 |
| Interest expense | 576,000 | 1,167,000 | 1,825,000 | 2,569,000 |
| Net interest income | 889,000 | 1,732,000 | 2,568,000 | 3,292,000 |
| Noninterest income | 161,000 | 355,000 | 718,000 | 981,000 |
| Noninterest expense | 756,000 | 1,525,000 | 2,484,000 | 3,314,000 |
| Provision for loan losses | 45,000 | 91,000 | 137,000 | 768,000 |
| Pretax income | 249,000 | 471,000 | 667,000 | 191,000 |
| Income tax | 16,000 | 31,000 | 43,000 | 0 |
| Net income | 233,000 | 440,000 | 624,000 | 191,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,840,000 | 6,849,000 | 7,116,000 | 7,528,000 |
| Total capital | 7,380,000 | 7,383,000 | 7,670,000 | 8,476,000 |
| Risk-weighted assets | 67,649,000 | 72,444,000 | 79,567,000 | 83,010,000 |