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Call reports 2023

NEW MILLENNIUM BANK — 2023

What NEW MILLENNIUM BANK reported to the FFIEC in 2023, quarter by quarter.

PERIOD: 2023SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/99c0327e-87aa-45d3-88d1-2467e0361ba1/2023

Balance sheet

What the bank holds and owes at quarter end

Measure2023Q12023Q22023Q32023Q4
Total assets776,781,000751,209,000766,925,000783,832,000
Total loans638,643,000637,379,000658,264,000688,336,000
Allowance for loan losses8,846,0008,878,0009,272,0009,066,000
Securities available for sale21,026,00011,003,00011,909,0002,006,000
Securities held to maturity830,000763,000725,000679,000
Trading assets0000
Total deposits703,887,000677,094,000660,019,000675,993,000
Interest-bearing deposits526,302,000499,224,000515,844,000526,265,000
Noninterest-bearing deposits177,585,000177,870,000144,175,000149,728,000
Equity capital64,314,00066,376,00098,401,000100,745,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2023Q12023Q22023Q32023Q4
Interest income10,765,00021,869,00033,294,00045,034,000
Interest expense4,293,0008,855,00013,778,00019,023,000
Net interest income6,472,00013,014,00019,516,00026,011,000
Noninterest income975,0001,417,0001,811,0002,249,000
Noninterest expense3,899,0007,880,00011,883,00015,433,000
Provision for loan losses200,000475,000700,000420,000
Pretax income3,348,0006,076,0008,744,00011,977,000
Income tax1,009,0001,836,0002,648,0003,743,000
Net income2,339,0004,240,0006,096,0008,234,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2023Q12023Q22023Q32023Q4
Tier 1 capital63,731,00065,819,00097,853,000100,186,000
Total capital70,289,00072,504,000104,760,000107,274,000
Risk-weighted assets522,357,000532,612,000550,204,000564,663,000

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