Call reports 2016
MILLENNIUM BANK — 2016
What MILLENNIUM BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 35,415,000 | 35,146,000 | 36,109,000 | 34,305,000 |
| Total loans | 30,797,000 | 29,039,000 | 28,736,000 | 29,582,000 |
| Allowance for loan losses | 369,000 | 399,000 | 399,000 | 399,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 170,000 | 170,000 | 170,000 | 170,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 28,557,000 | 28,241,000 | 29,187,000 | 27,474,000 |
| Interest-bearing deposits | 23,816,000 | 23,711,000 | 23,625,000 | 22,883,000 |
| Noninterest-bearing deposits | 4,741,000 | 4,530,000 | 5,562,000 | 4,591,000 |
| Equity capital | 4,639,000 | 4,694,000 | 4,744,000 | 4,795,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 388,000 | 781,000 | 1,160,000 | 1,535,000 |
| Interest expense | 45,000 | 91,000 | 139,000 | 190,000 |
| Net interest income | 343,000 | 690,000 | 1,021,000 | 1,345,000 |
| Noninterest income | 23,000 | 52,000 | 75,000 | 87,000 |
| Noninterest expense | 288,000 | 579,000 | 882,000 | 1,167,000 |
| Provision for loan losses | 30,000 | 60,000 | 60,000 | 60,000 |
| Pretax income | 48,000 | 103,000 | 154,000 | 205,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 48,000 | 103,000 | 154,000 | 205,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,639,000 | 4,694,000 | 4,744,000 | 4,795,000 |
| Total capital | 4,990,000 | 5,035,000 | 5,083,000 | 5,131,000 |
| Risk-weighted assets | 28,029,000 | 27,237,000 | 27,091,000 | 26,790,000 |