Call reports 2002
NEW MILLENNIUM BANK — 2002
What NEW MILLENNIUM BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 79,030,000 | 82,868,000 | 83,098,000 | 83,053,000 |
| Total loans | 53,417,000 | 57,051,000 | 60,248,000 | 58,602,000 |
| Allowance for loan losses | 1,044,000 | 1,242,000 | 1,403,000 | 1,519,000 |
| Securities available for sale | 3,081,000 | 3,947,000 | 3,698,000 | 3,248,000 |
| Securities held to maturity | 0 | 2,982,000 | 3,916,000 | 3,865,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,816,000 | 73,029,000 | 72,537,000 | 71,973,000 |
| Interest-bearing deposits | 59,489,000 | 62,071,000 | 61,674,000 | 60,812,000 |
| Noninterest-bearing deposits | 10,327,000 | 10,958,000 | 10,863,000 | 11,161,000 |
| Equity capital | 7,979,000 | 8,308,000 | 8,869,000 | 9,384,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,344,000 | 2,788,000 | 4,400,000 | 5,955,000 |
| Interest expense | 422,000 | 855,000 | 1,284,000 | 1,701,000 |
| Net interest income | 922,000 | 1,933,000 | 3,116,000 | 4,254,000 |
| Noninterest income | 977,000 | 2,028,000 | 3,101,000 | 4,340,000 |
| Noninterest expense | 1,398,000 | 2,999,000 | 4,656,000 | 6,404,000 |
| Provision for loan losses | 195,000 | 390,000 | 585,000 | 720,000 |
| Pretax income | 306,000 | 572,000 | 976,000 | 1,470,000 |
| Income tax | 0 | 0 | 0 | -57,000 |
| Net income | 306,000 | 572,000 | 976,000 | 1,527,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,988,000 | 8,252,000 | 8,771,000 | 9,322,000 |
| Total capital | 8,729,000 | 9,024,000 | 9,610,000 | 10,118,000 |
| Risk-weighted assets | 59,498,000 | 61,600,000 | 66,566,000 | 63,341,000 |