Call reports 2007
MILLENNIUM BANK — 2007
What MILLENNIUM BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 6,016,000 | 7,747,000 | 12,543,000 | 13,374,000 |
| Total loans | 1,514,000 | 3,782,000 | 6,289,000 | 8,436,000 |
| Allowance for loan losses | 0 | 14,000 | 24,000 | 84,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,489,000 | 3,271,000 | 8,113,000 | 9,128,000 |
| Interest-bearing deposits | 960,000 | 2,160,000 | 6,640,000 | 7,525,000 |
| Noninterest-bearing deposits | 529,000 | 1,111,000 | 1,473,000 | 1,603,000 |
| Equity capital | 4,513,000 | 4,463,000 | 4,370,000 | 4,167,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 69,000 | 193,000 | 363,000 | 547,000 |
| Interest expense | 5,000 | 21,000 | 88,000 | 175,000 |
| Net interest income | 64,000 | 172,000 | 275,000 | 372,000 |
| Noninterest income | 0 | 3,000 | 9,000 | 38,000 |
| Noninterest expense | 351,000 | 498,000 | 690,000 | 959,000 |
| Provision for loan losses | 0 | 14,000 | 24,000 | 84,000 |
| Pretax income | -287,000 | -337,000 | -430,000 | -633,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -287,000 | -337,000 | -430,000 | -633,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,513,000 | 4,463,000 | 4,370,000 | 4,167,000 |
| Total capital | 4,513,000 | 4,477,000 | 4,394,000 | 4,251,000 |
| Risk-weighted assets | 2,564,000 | 4,807,000 | 9,160,000 | 11,137,000 |