Call reports 2014
NEW MILLENNIUM BANK — 2014
What NEW MILLENNIUM BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 172,061,000 | 182,746,000 | 184,520,000 | 196,873,000 |
| Total loans | 125,226,000 | 128,271,000 | 131,243,000 | 146,181,000 |
| Allowance for loan losses | 3,035,000 | 2,717,000 | 2,318,000 | 2,358,000 |
| Securities available for sale | 6,511,000 | 6,165,000 | 5,758,000 | 5,370,000 |
| Securities held to maturity | 11,950,000 | 11,594,000 | 11,304,000 | 10,671,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 151,211,000 | 147,149,000 | 148,928,000 | 163,812,000 |
| Interest-bearing deposits | 133,958,000 | 129,923,000 | 129,436,000 | 141,795,000 |
| Noninterest-bearing deposits | 17,253,000 | 17,226,000 | 19,492,000 | 22,017,000 |
| Equity capital | 3,934,000 | 18,980,000 | 18,981,000 | 17,837,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,738,000 | 3,358,000 | 5,025,000 | 6,856,000 |
| Interest expense | 527,000 | 1,052,000 | 1,577,000 | 2,074,000 |
| Net interest income | 1,211,000 | 2,306,000 | 3,448,000 | 4,782,000 |
| Noninterest income | 625,000 | 653,000 | 740,000 | 857,000 |
| Noninterest expense | 1,802,000 | 4,261,000 | 6,159,000 | 8,767,000 |
| Provision for loan losses | 0 | -325,000 | -325,000 | -325,000 |
| Pretax income | 34,000 | -977,000 | -1,646,000 | -2,803,000 |
| Income tax | 3,000 | 9,000 | 12,000 | 15,000 |
| Net income | 31,000 | -986,000 | -1,658,000 | -2,818,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,664,000 | 18,691,000 | 18,721,000 | 17,585,000 |
| Total capital | 5,295,000 | 20,357,000 | 20,447,000 | 19,468,000 |
| Risk-weighted assets | 129,134,000 | 132,256,000 | 137,482,000 | 150,190,000 |