Call reports 2024
NEW MILLENNIUM BANK — 2024
What NEW MILLENNIUM BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 823,445,000 | 861,817,000 | 895,425,000 | 913,722,000 |
| Total loans | 718,279,000 | 746,000,000 | 772,440,000 | 782,597,000 |
| Allowance for loan losses | 9,551,000 | 10,084,000 | 9,563,000 | 10,112,000 |
| Securities available for sale | 1,953,000 | 1,947,000 | 1,933,000 | 1,888,000 |
| Securities held to maturity | 645,000 | 611,000 | 578,000 | 537,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 713,054,000 | 748,336,000 | 778,380,000 | 795,177,000 |
| Interest-bearing deposits | 571,159,000 | 593,245,000 | 621,708,000 | 646,296,000 |
| Noninterest-bearing deposits | 141,895,000 | 155,091,000 | 156,672,000 | 148,881,000 |
| Equity capital | 102,521,000 | 105,776,000 | 108,730,000 | 111,633,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 12,459,000 | 25,596,000 | 39,705,000 | 53,592,000 |
| Interest expense | 6,104,000 | 12,691,000 | 19,751,000 | 26,855,000 |
| Net interest income | 6,355,000 | 12,905,000 | 19,954,000 | 26,737,000 |
| Noninterest income | 438,000 | 1,148,000 | 2,508,000 | 2,887,000 |
| Noninterest expense | 4,016,000 | 8,351,000 | 12,697,000 | 16,653,000 |
| Provision for loan losses | 370,000 | 665,000 | 1,265,000 | 1,800,000 |
| Pretax income | 2,407,000 | 5,037,000 | 8,500,000 | 11,171,000 |
| Income tax | 737,000 | 1,536,000 | 2,584,000 | 3,088,000 |
| Net income | 1,670,000 | 3,501,000 | 5,916,000 | 8,083,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 102,011,000 | 105,229,000 | 108,181,000 | 111,173,000 |
| Total capital | 108,925,000 | 112,501,000 | 115,689,000 | 118,787,000 |
| Risk-weighted assets | 550,040,000 | 578,550,000 | 598,175,000 | 606,209,000 |