Call reports 2018
MILLENNIAL BANK — 2018
What MILLENNIAL BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 68,154,000 | 59,992,000 | 66,013,000 | 67,383,000 |
| Total loans | 30,793,000 | 34,048,000 | 38,418,000 | 45,319,000 |
| Allowance for loan losses | 1,071,000 | 103,000 | 193,000 | 400,000 |
| Securities available for sale | 11,354,000 | 11,089,000 | 11,149,000 | 10,907,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,392,000 | 51,281,000 | 57,384,000 | 58,395,000 |
| Interest-bearing deposits | 42,895,000 | 43,088,000 | 48,645,000 | 49,118,000 |
| Noninterest-bearing deposits | 22,497,000 | 8,193,000 | 8,739,000 | 9,277,000 |
| Equity capital | 2,724,000 | 8,588,000 | 8,601,000 | 8,720,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 508,000 | 1,008,000 | 1,927,000 | 2,866,000 |
| Interest expense | 82,000 | 75,000 | 157,000 | 268,000 |
| Net interest income | 426,000 | 933,000 | 1,770,000 | 2,598,000 |
| Noninterest income | 111,000 | 87,000 | 143,000 | 385,000 |
| Noninterest expense | 809,000 | 1,190,000 | 1,974,000 | 2,835,000 |
| Provision for loan losses | 0 | 115,000 | 201,000 | 408,000 |
| Pretax income | -272,000 | -285,000 | -262,000 | -213,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -272,000 | -285,000 | -262,000 | -213,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,897,000 | 8,073,000 | 8,171,000 | 8,208,000 |
| Total capital | 3,314,000 | 8,176,000 | 8,364,000 | 8,608,000 |
| Risk-weighted assets | 32,724,000 | 47,738,000 | 45,528,000 | 54,195,000 |