Call reports 2020
NEW MILLENNIUM BANK — 2020
What NEW MILLENNIUM BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 371,680,000 | 465,886,000 | 461,848,000 | 457,416,000 |
| Total loans | 326,024,000 | 370,160,000 | 363,273,000 | 356,414,000 |
| Allowance for loan losses | 5,786,000 | 6,418,000 | 7,523,000 | 7,979,000 |
| Securities available for sale | 914,000 | 853,000 | 762,000 | 686,000 |
| Securities held to maturity | 1,940,000 | 1,844,000 | 1,740,000 | 1,414,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 311,613,000 | 372,493,000 | 392,678,000 | 396,603,000 |
| Interest-bearing deposits | 268,008,000 | 296,382,000 | 312,741,000 | 318,559,000 |
| Noninterest-bearing deposits | 43,605,000 | 76,111,000 | 79,937,000 | 78,044,000 |
| Equity capital | 40,327,000 | 40,580,000 | 41,734,000 | 42,780,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 4,837,000 | 9,339,000 | 13,995,000 | 18,602,000 |
| Interest expense | 1,386,000 | 2,664,000 | 3,880,000 | 4,961,000 |
| Net interest income | 3,451,000 | 6,675,000 | 10,115,000 | 13,641,000 |
| Noninterest income | 762,000 | 997,000 | 3,098,000 | 4,067,000 |
| Noninterest expense | 2,873,000 | 5,386,000 | 7,959,000 | 10,400,000 |
| Provision for loan losses | 200,000 | 800,000 | 2,200,000 | 2,700,000 |
| Pretax income | 1,140,000 | 1,486,000 | 3,054,000 | 4,608,000 |
| Income tax | 404,000 | 506,000 | 977,000 | 1,486,000 |
| Net income | 736,000 | 980,000 | 2,077,000 | 3,122,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,079,000 | 39,360,000 | 40,519,000 | 41,580,000 |
| Total capital | 43,197,000 | 43,524,000 | 44,521,000 | 45,580,000 |
| Risk-weighted assets | 327,733,000 | 330,849,000 | 316,653,000 | 316,004,000 |