Call reports 2008
NEW MILLENNIUM BANK — 2008
What NEW MILLENNIUM BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 185,933,000 | 190,492,000 | 227,118,000 | 223,625,000 |
| Total loans | 133,951,000 | 142,502,000 | 171,613,000 | 165,670,000 |
| Allowance for loan losses | 2,761,000 | 2,728,000 | 3,194,000 | 2,847,000 |
| Securities available for sale | 29,872,000 | 28,002,000 | 26,593,000 | 25,515,000 |
| Securities held to maturity | 6,143,000 | 10,315,000 | 10,850,000 | 19,629,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 136,191,000 | 139,985,000 | 178,596,000 | 175,469,000 |
| Interest-bearing deposits | 117,579,000 | 121,586,000 | 139,530,000 | 141,498,000 |
| Noninterest-bearing deposits | 18,612,000 | 18,399,000 | 39,066,000 | 33,971,000 |
| Equity capital | 22,084,000 | 21,877,000 | 22,037,000 | 22,833,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 3,725,000 | 7,597,000 | 11,540,000 | 15,245,000 |
| Interest expense | 1,319,000 | 2,544,000 | 3,809,000 | 5,167,000 |
| Net interest income | 2,406,000 | 5,053,000 | 7,731,000 | 10,078,000 |
| Noninterest income | 1,290,000 | 2,546,000 | 3,847,000 | 5,251,000 |
| Noninterest expense | 3,039,000 | 6,568,000 | 10,167,000 | 13,040,000 |
| Provision for loan losses | 90,000 | 70,000 | 597,000 | 704,000 |
| Pretax income | 567,000 | 961,000 | 814,000 | 1,585,000 |
| Income tax | 219,000 | 361,000 | 289,000 | 559,000 |
| Net income | 348,000 | 600,000 | 525,000 | 1,026,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,648,000 | 21,944,000 | 21,919,000 | 22,471,000 |
| Total capital | 23,533,000 | 23,990,000 | 24,261,000 | 24,770,000 |
| Risk-weighted assets | 149,914,000 | 162,964,000 | 187,440,000 | 182,627,000 |