Call reports 2008
MILTON BANKING COMPANY, THE — 2008
What MILTON BANKING COMPANY, THE 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 | 80,507,000 | 102,016,000 | 103,521,000 | 103,333,000 |
| Total loans | 66,783,000 | 82,329,000 | 83,566,000 | 83,886,000 |
| Allowance for loan losses | 560,000 | 1,128,000 | 1,118,000 | 1,032,000 |
| Securities available for sale | 4,587,000 | 6,713,000 | 6,549,000 | 6,674,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,933,000 | 92,863,000 | 94,093,000 | 94,053,000 |
| Interest-bearing deposits | 60,505,000 | 75,324,000 | 78,288,000 | 78,140,000 |
| Noninterest-bearing deposits | 12,428,000 | 17,539,000 | 15,805,000 | 15,913,000 |
| Equity capital | 7,323,000 | 8,613,000 | 8,866,000 | 9,018,000 |
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 | 1,415,000 | 3,081,000 | 4,751,000 | 6,366,000 |
| Interest expense | 545,000 | 1,123,000 | 1,672,000 | 2,226,000 |
| Net interest income | 870,000 | 1,958,000 | 3,079,000 | 4,140,000 |
| Noninterest income | 176,000 | 455,000 | 788,000 | 1,096,000 |
| Noninterest expense | 746,000 | 1,772,000 | 2,830,000 | 3,964,000 |
| Provision for loan losses | 36,000 | 54,000 | 104,000 | 140,000 |
| Pretax income | 272,000 | 600,000 | 946,000 | 1,145,000 |
| Income tax | 83,000 | 193,000 | 285,000 | 341,000 |
| Net income | 189,000 | 407,000 | 661,000 | 804,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,303,000 | 7,734,000 | 8,020,000 | 8,062,000 |
| Total capital | 7,863,000 | 8,704,000 | 8,990,000 | 9,025,000 |
| Risk-weighted assets | 58,989,000 | 77,479,000 | 77,461,000 | 76,964,000 |