Call reports 2014
MILLENNIAL BANK — 2014
What MILLENNIAL BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 86,613,000 | 86,884,000 | 84,000,000 | 75,908,000 |
| Total loans | 56,309,000 | 55,162,000 | 52,381,000 | 51,101,000 |
| Allowance for loan losses | 1,658,000 | 2,154,000 | 994,000 | 936,000 |
| Securities available for sale | 18,391,000 | 23,884,000 | 22,947,000 | 17,530,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,346,000 | 74,989,000 | 70,130,000 | 64,328,000 |
| Interest-bearing deposits | 64,152,000 | 64,564,000 | 60,123,000 | 56,551,000 |
| Noninterest-bearing deposits | 10,194,000 | 10,425,000 | 10,007,000 | 7,777,000 |
| Equity capital | 7,190,000 | 6,798,000 | 6,782,000 | 6,501,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 871,000 | 1,801,000 | 2,646,000 | 3,429,000 |
| Interest expense | 172,000 | 347,000 | 522,000 | 690,000 |
| Net interest income | 699,000 | 1,454,000 | 2,124,000 | 2,739,000 |
| Noninterest income | 160,000 | 402,000 | 551,000 | 549,000 |
| Noninterest expense | 869,000 | 1,734,000 | 2,515,000 | 3,568,000 |
| Provision for loan losses | 50,000 | 736,000 | 737,000 | 741,000 |
| Pretax income | -60,000 | -614,000 | -577,000 | -1,021,000 |
| Income tax | 0 | 0 | 0 | 9,000 |
| Net income | -60,000 | -614,000 | -577,000 | -1,030,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,476,000 | 6,937,000 | 6,995,000 | 6,541,000 |
| Total capital | 8,169,000 | 7,630,000 | 7,661,000 | 7,189,000 |
| Risk-weighted assets | 54,500,000 | 54,014,000 | 52,976,000 | 51,543,000 |