Call reports 2023
MILLENNIAL BANK — 2023
What MILLENNIAL BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 131,619,000 | 136,815,000 | 150,612,000 | 155,014,000 |
| Total loans | 90,136,000 | 96,452,000 | 105,341,000 | 116,303,000 |
| Allowance for loan losses | 966,000 | 1,013,000 | 1,106,000 | 1,421,000 |
| Securities available for sale | 17,365,000 | 17,487,000 | 16,350,000 | 17,418,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 120,961,000 | 124,897,000 | 139,087,000 | 134,326,000 |
| Interest-bearing deposits | 102,882,000 | 104,184,000 | 117,899,000 | 113,866,000 |
| Noninterest-bearing deposits | 18,079,000 | 20,713,000 | 21,188,000 | 20,460,000 |
| Equity capital | 9,718,000 | 11,005,000 | 10,535,000 | 11,597,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,985,000 | 3,952,000 | 6,149,000 | 8,730,000 |
| Interest expense | 430,000 | 998,000 | 1,700,000 | 2,638,000 |
| Net interest income | 1,555,000 | 2,954,000 | 4,449,000 | 6,092,000 |
| Noninterest income | 90,000 | 180,000 | 290,000 | 534,000 |
| Noninterest expense | 1,343,000 | 2,556,000 | 3,833,000 | 5,264,000 |
| Provision for loan losses | 30,000 | 77,000 | 172,000 | 487,000 |
| Pretax income | 272,000 | 501,000 | 734,000 | 875,000 |
| Income tax | 55,000 | -430,000 | -379,000 | -351,000 |
| Net income | 217,000 | 931,000 | 1,113,000 | 1,226,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,234,000 | 12,581,000 | 12,821,000 | 13,036,000 |