Call reports 2016
MILTON BANKING COMPANY, THE — 2016
What MILTON BANKING COMPANY, THE reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 |
|---|---|---|
| Total assets | 136,315,000 | 134,752,000 |
| Total loans | 109,629,000 | 112,282,000 |
| Allowance for loan losses | 1,117,000 | 1,168,000 |
| Securities available for sale | 6,090,000 | 5,882,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 121,175,000 | 119,174,000 |
| Interest-bearing deposits | 94,480,000 | 91,333,000 |
| Noninterest-bearing deposits | 26,695,000 | 27,841,000 |
| Equity capital | 15,071,000 | 15,481,000 |
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 |
|---|---|---|
| Interest income | 1,618,000 | 3,316,000 |
| Interest expense | 142,000 | 286,000 |
| Net interest income | 1,476,000 | 3,030,000 |
| Noninterest income | 187,000 | 394,000 |
| Noninterest expense | 1,303,000 | 2,384,000 |
| Provision for loan losses | 45,000 | 90,000 |
| Pretax income | 315,000 | 950,000 |
| Income tax | 89,000 | 204,000 |
| Net income | 226,000 | 746,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 |
|---|---|---|
| Tier 1 capital | 14,726,000 | 15,107,000 |
| Total capital | 15,843,000 | 16,275,000 |
| Risk-weighted assets | 95,204,000 | 96,273,000 |