Call reports 2024
MILLENNIAL BANK — 2024
What MILLENNIAL BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 162,414,000 | 167,094,000 | 172,322,000 | 170,993,000 |
| Total loans | 122,477,000 | 125,944,000 | 131,656,000 | 126,750,000 |
| Allowance for loan losses | 1,486,000 | 1,323,000 | 1,392,000 | 1,307,000 |
| Securities available for sale | 16,945,000 | 16,790,000 | 17,156,000 | 16,949,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 149,169,000 | 153,404,000 | 157,870,000 | 156,613,000 |
| Interest-bearing deposits | 128,731,000 | 131,732,000 | 139,645,000 | 138,430,000 |
| Noninterest-bearing deposits | 20,438,000 | 21,672,000 | 18,225,000 | 18,183,000 |
| Equity capital | 12,356,000 | 12,648,000 | 13,426,000 | 13,172,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 2,624,000 | 5,402,000 | 8,278,000 | 11,131,000 |
| Interest expense | 1,040,000 | 2,114,000 | 3,275,000 | 4,403,000 |
| Net interest income | 1,584,000 | 3,288,000 | 5,003,000 | 6,728,000 |
| Noninterest income | 114,000 | 206,000 | 343,000 | 452,000 |
| Noninterest expense | 1,391,000 | 2,771,000 | 4,175,000 | 5,567,000 |
| Provision for loan losses | 65,000 | 193,000 | 262,000 | 277,000 |
| Pretax income | 241,000 | 529,000 | 908,000 | 1,335,000 |
| Income tax | 52,000 | 117,000 | 207,000 | 309,000 |
| Net income | 189,000 | 412,000 | 701,000 | 1,026,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,034,000 | 14,321,000 | 14,682,000 | 15,164,000 |
| Total capital | — | 15,644,000 | 16,074,000 | 16,471,000 |
| Risk-weighted assets | — | 147,342,000 | 150,242,000 | 148,920,000 |