Call reports 2003
MILTON BANKING COMPANY, THE — 2003
What MILTON BANKING COMPANY, THE reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 67,632,000 | 69,576,000 | 71,240,000 | 68,468,000 |
| Total loans | 49,169,000 | 51,895,000 | 52,702,000 | 53,536,000 |
| Allowance for loan losses | 508,000 | 506,000 | 535,000 | 491,000 |
| Securities available for sale | 12,512,000 | 12,354,000 | 11,170,000 | 10,618,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 62,086,000 | 64,060,000 | 65,637,000 | 62,960,000 |
| Interest-bearing deposits | 54,036,000 | 54,689,000 | 56,064,000 | 53,478,000 |
| Noninterest-bearing deposits | 8,050,000 | 9,371,000 | 9,573,000 | 9,482,000 |
| Equity capital | 5,328,000 | 5,381,000 | 5,470,000 | 5,447,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,118,000 | 2,186,000 | 3,236,000 | 4,277,000 |
| Interest expense | 319,000 | 625,000 | 902,000 | 1,158,000 |
| Net interest income | 799,000 | 1,561,000 | 2,334,000 | 3,119,000 |
| Noninterest income | 122,000 | 284,000 | 430,000 | 576,000 |
| Noninterest expense | 643,000 | 1,271,000 | 1,914,000 | 2,586,000 |
| Provision for loan losses | 9,000 | 35,000 | 69,000 | 101,000 |
| Pretax income | 269,000 | 539,000 | 783,000 | 1,010,000 |
| Income tax | 88,000 | 177,000 | 256,000 | 339,000 |
| Net income | 181,000 | 362,000 | 527,000 | 671,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,262,000 | 5,309,000 | 5,474,000 | 5,441,000 |
| Total capital | 5,770,000 | 5,815,000 | 6,009,000 | 5,932,000 |
| Risk-weighted assets | 43,549,000 | 45,876,000 | 46,915,000 | 46,730,000 |