Call reports 2002
MILTON BANKING COMPANY, THE — 2002
What MILTON BANKING COMPANY, THE reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 65,661,000 | 65,372,000 | 64,713,000 | 65,637,000 |
| Total loans | 46,036,000 | 46,699,000 | 47,459,000 | 48,372,000 |
| Allowance for loan losses | 533,000 | 502,000 | 504,000 | 504,000 |
| Securities available for sale | 12,641,000 | 13,129,000 | 11,635,000 | 10,619,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 60,611,000 | 60,179,000 | 59,361,000 | 60,361,000 |
| Interest-bearing deposits | 52,491,000 | 52,160,000 | 51,104,000 | 51,835,000 |
| Noninterest-bearing deposits | 8,120,000 | 8,019,000 | 8,257,000 | 8,526,000 |
| Equity capital | 4,823,000 | 4,955,000 | 5,158,000 | 5,164,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,144,000 | 2,297,000 | 3,444,000 | 4,528,000 |
| Interest expense | 475,000 | 913,000 | 1,312,000 | 1,659,000 |
| Net interest income | 669,000 | 1,384,000 | 2,132,000 | 2,869,000 |
| Noninterest income | 83,000 | 183,000 | 278,000 | 378,000 |
| Noninterest expense | 577,000 | 1,144,000 | 1,764,000 | 2,374,000 |
| Provision for loan losses | 9,000 | 18,000 | 27,000 | 36,000 |
| Pretax income | 166,000 | 403,000 | 618,000 | 836,000 |
| Income tax | 43,000 | 107,000 | 161,000 | 234,000 |
| Net income | 123,000 | 296,000 | 457,000 | 602,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,849,000 | 4,888,000 | 5,049,000 | 5,081,000 |
| Total capital | 5,365,000 | 5,390,000 | 5,553,000 | 5,585,000 |
| Risk-weighted assets | 41,249,000 | 41,765,000 | 41,833,000 | 42,799,000 |