Call reports 2008
MILLINGTON BANK — 2008
What MILLINGTON 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 | 304,060,000 | 307,991,000 | 319,216,000 | 318,850,000 |
| Total loans | 250,346,000 | 255,370,000 | 263,392,000 | 266,950,000 |
| Allowance for loan losses | 1,027,000 | 1,025,000 | 1,090,000 | 1,157,000 |
| Securities available for sale | 1,000 | 228,000 | 4,000 | 262,000 |
| Securities held to maturity | 25,887,000 | 28,743,000 | 27,763,000 | 27,688,000 |
| Trading assets | 109,000 | 82,000 | 85,000 | 44,000 |
| Total deposits | 231,642,000 | 235,671,000 | 236,059,000 | 243,990,000 |
| Interest-bearing deposits | 211,898,000 | 215,344,000 | 215,855,000 | 223,683,000 |
| Noninterest-bearing deposits | 19,744,000 | 20,327,000 | 20,204,000 | 20,307,000 |
| Equity capital | 31,597,000 | 31,803,000 | 31,943,000 | 32,176,000 |
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 | 4,185,000 | 8,324,000 | 12,486,000 | 16,662,000 |
| Interest expense | 2,297,000 | 4,513,000 | 6,612,000 | 8,652,000 |
| Net interest income | 1,888,000 | 3,811,000 | 5,874,000 | 8,010,000 |
| Noninterest income | 110,000 | 244,000 | 410,000 | 518,000 |
| Noninterest expense | 1,654,000 | 3,547,000 | 5,424,000 | 7,357,000 |
| Provision for loan losses | 40,000 | 80,000 | 145,000 | 212,000 |
| Pretax income | 304,000 | 428,000 | 715,000 | 959,000 |
| Income tax | 107,000 | 147,000 | 257,000 | 350,000 |
| Net income | 197,000 | 281,000 | 458,000 | 609,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,005,000 | 31,162,000 | 31,302,000 | 31,537,000 |
| Total capital | 32,076,000 | 32,221,000 | 32,426,000 | 32,730,000 |
| Risk-weighted assets | 205,555,000 | 207,615,000 | 213,735,000 | 216,969,000 |