Call reports 2014
MILLENNIUM BANK — 2014
What MILLENNIUM BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 32,857,000 | 32,300,000 | 35,698,000 | 33,392,000 |
| Total loans | 29,169,000 | 28,463,000 | 28,125,000 | 29,458,000 |
| Allowance for loan losses | 341,000 | 356,000 | 446,000 | 358,000 |
| Securities available for sale | 399,000 | 0 | 0 | 0 |
| Securities held to maturity | 170,000 | 170,000 | 170,000 | 170,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 27,464,000 | 26,964,000 | 30,404,000 | 28,179,000 |
| Interest-bearing deposits | 23,389,000 | 22,933,000 | 25,986,000 | 24,267,000 |
| Noninterest-bearing deposits | 4,075,000 | 4,031,000 | 4,418,000 | 3,912,000 |
| Equity capital | 4,696,000 | 4,654,000 | 4,628,000 | 4,631,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 382,000 | 764,000 | 1,136,000 | 1,517,000 |
| Interest expense | 39,000 | 78,000 | 120,000 | 161,000 |
| Net interest income | 343,000 | 686,000 | 1,016,000 | 1,356,000 |
| Noninterest income | 29,000 | 57,000 | 89,000 | 112,000 |
| Noninterest expense | 293,000 | 589,000 | 884,000 | 1,183,000 |
| Provision for loan losses | 0 | 115,000 | 205,000 | 261,000 |
| Pretax income | 79,000 | 39,000 | 18,000 | 26,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 2,000 |
| Net income | 78,000 | 38,000 | 17,000 | 24,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,697,000 | 4,654,000 | 4,628,000 | 4,631,000 |
| Total capital | 5,023,000 | 4,977,000 | 4,958,000 | 4,967,000 |
| Risk-weighted assets | 26,102,000 | 25,840,000 | 26,261,000 | 26,859,000 |