Call reports 2020
MILLENNIAL BANK — 2020
What MILLENNIAL BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 81,998,000 | 113,854,000 | 114,476,000 | 113,036,000 |
| Total loans | 55,032,000 | 71,625,000 | 73,675,000 | 69,783,000 |
| Allowance for loan losses | 566,000 | 640,000 | 656,000 | 672,000 |
| Securities available for sale | 12,478,000 | 14,201,000 | 15,052,000 | 16,638,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,562,000 | 84,888,000 | 85,310,000 | 89,412,000 |
| Interest-bearing deposits | 63,053,000 | 68,641,000 | 68,185,000 | 71,133,000 |
| Noninterest-bearing deposits | 9,509,000 | 16,247,000 | 17,125,000 | 18,279,000 |
| Equity capital | 9,164,000 | 10,238,000 | 10,382,000 | 10,620,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,090,000 | 2,561,000 | 3,682,000 | 4,833,000 |
| Interest expense | 173,000 | 351,000 | 534,000 | 710,000 |
| Net interest income | 917,000 | 2,210,000 | 3,148,000 | 4,123,000 |
| Noninterest income | 105,000 | 197,000 | 294,000 | 375,000 |
| Noninterest expense | 975,000 | 2,281,000 | 3,180,000 | 4,152,000 |
| Provision for loan losses | 45,000 | 135,000 | 150,000 | 165,000 |
| Pretax income | 61,000 | 148,000 | 314,000 | 402,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 61,000 | 148,000 | 314,000 | 402,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,467,000 | 9,654,000 | 9,879,000 | 10,027,000 |