Call reports 2014
MILTON BANKING COMPANY, THE — 2014
What MILTON BANKING COMPANY, THE 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 | 136,618,000 | 133,242,000 | 134,708,000 | 135,673,000 |
| Total loans | 111,623,000 | 112,914,000 | 113,078,000 | 113,458,000 |
| Allowance for loan losses | 1,256,000 | 1,274,000 | 1,305,000 | 1,142,000 |
| Securities available for sale | 6,331,000 | 6,240,000 | 6,059,000 | 6,239,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 121,378,000 | 117,724,000 | 118,801,000 | 119,768,000 |
| Interest-bearing deposits | 95,245,000 | 92,311,000 | 92,077,000 | 93,715,000 |
| Noninterest-bearing deposits | 26,133,000 | 25,413,000 | 26,724,000 | 26,053,000 |
| Equity capital | 13,121,000 | 13,378,000 | 13,716,000 | 13,851,000 |
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 | 1,717,000 | 3,504,000 | 5,270,000 | 7,001,000 |
| Interest expense | 166,000 | 330,000 | 489,000 | 651,000 |
| Net interest income | 1,551,000 | 3,174,000 | 4,781,000 | 6,350,000 |
| Noninterest income | 216,000 | 457,000 | 687,000 | 914,000 |
| Noninterest expense | 1,297,000 | 2,557,000 | 3,835,000 | 5,025,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 425,000 | 984,000 | 1,498,000 | 2,059,000 |
| Income tax | 122,000 | 315,000 | 473,000 | 643,000 |
| Net income | 303,000 | 669,000 | 1,025,000 | 1,416,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,690,000 | 12,923,000 | 13,275,000 | 13,420,000 |
| Total capital | 13,946,000 | 14,197,000 | 14,578,000 | 14,562,000 |
| Risk-weighted assets | 102,962,000 | 103,423,000 | 104,203,000 | 103,989,000 |