Call reports 2008
MILLENNIUM BANK — 2008
What MILLENNIUM 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 | 16,912,000 | 18,580,000 | 17,459,000 | 18,831,000 |
| Total loans | 9,941,000 | 11,852,000 | 12,714,000 | 13,712,000 |
| Allowance for loan losses | 91,000 | 97,000 | 100,000 | 137,000 |
| Securities available for sale | 0 | 0 | 510,000 | 510,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 12,725,000 | 14,496,000 | 13,466,000 | 13,928,000 |
| Interest-bearing deposits | 11,530,000 | 13,037,000 | 12,040,000 | 12,652,000 |
| Noninterest-bearing deposits | 1,195,000 | 1,459,000 | 1,426,000 | 1,276,000 |
| Equity capital | 4,086,000 | 3,945,000 | 3,882,000 | 3,801,000 |
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 | 223,000 | 466,000 | 739,000 | 1,018,000 |
| Interest expense | 109,000 | 235,000 | 353,000 | 457,000 |
| Net interest income | 114,000 | 231,000 | 386,000 | 561,000 |
| Noninterest income | 22,000 | 47,000 | 94,000 | 128,000 |
| Noninterest expense | 210,000 | 487,000 | 745,000 | 998,000 |
| Provision for loan losses | 7,000 | 13,000 | 16,000 | 53,000 |
| Pretax income | -81,000 | -222,000 | -281,000 | -362,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -81,000 | -222,000 | -281,000 | -362,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,086,000 | 3,945,000 | 3,882,000 | 3,801,000 |
| Total capital | 4,177,000 | 4,042,000 | 3,982,000 | 3,938,000 |
| Risk-weighted assets | 13,058,000 | 14,945,000 | 13,559,000 | 14,254,000 |