Call reports 2007
NEW MILLENNIUM BANK — 2007
What NEW MILLENNIUM BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 151,758,000 | 155,248,000 | 163,529,000 | 176,821,000 |
| Total loans | 116,921,000 | 121,715,000 | 118,553,000 | 127,818,000 |
| Allowance for loan losses | 3,069,000 | 2,808,000 | 2,734,000 | 2,736,000 |
| Securities available for sale | 16,926,000 | 16,968,000 | 23,520,000 | 23,305,000 |
| Securities held to maturity | 6,612,000 | 6,503,000 | 6,349,000 | 6,243,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 127,180,000 | 130,545,000 | 132,558,000 | 137,715,000 |
| Interest-bearing deposits | 111,733,000 | 111,630,000 | 114,814,000 | 119,018,000 |
| Noninterest-bearing deposits | 15,447,000 | 18,915,000 | 17,744,000 | 18,697,000 |
| Equity capital | 19,078,000 | 19,591,000 | 20,630,000 | 21,433,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 3,590,000 | 7,466,000 | 11,295,000 | 15,176,000 |
| Interest expense | 1,100,000 | 2,190,000 | 3,336,000 | 4,610,000 |
| Net interest income | 2,490,000 | 5,276,000 | 7,959,000 | 10,566,000 |
| Noninterest income | 1,420,000 | 2,767,000 | 4,394,000 | 6,289,000 |
| Noninterest expense | 2,808,000 | 5,918,000 | 9,036,000 | 12,427,000 |
| Provision for loan losses | 45,000 | -50,000 | -50,000 | 0 |
| Pretax income | 1,057,000 | 2,175,000 | 3,558,000 | 4,621,000 |
| Income tax | 429,000 | 866,000 | 1,415,000 | 1,890,000 |
| Net income | 628,000 | 1,309,000 | 2,143,000 | 2,731,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,093,000 | 19,823,000 | 20,674,000 | 21,250,000 |
| Total capital | 20,717,000 | 21,479,000 | 22,352,000 | 23,067,000 |
| Risk-weighted assets | 128,507,000 | 131,302,000 | 133,172,000 | 144,458,000 |