|
 |
|
|
 The Bank of Milan
The Bank of Milan
| RSSD ID 2123930 | CERTIFICATE 33851 | ABA NUMBER 84304117 |
| 2011 E Van Hook St |
Quarter Ended : |
2025-03-31 |
| Milan, Tennessee, 38358 |
Updated : |
2025-04-24 |
| www.bankofmilan.net |
|
| Institution Profile |
| Year Opened : |
1993 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
Yes |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
|
| Specialization : |
All Other Under 1 Billion |
| Number of Offices : |
2 |
Number of Employees : |
14 |
|
|
|
|
|
|
| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
|
Income Statement
(USD, in thousands, ytd) |
| Total Assets | 112,085 |
|
Total Interest Income | 1,249 |
| Total Liabilities | 106,604 |
|
Total NonInterest Income | 113 |
| Total Bank Equity Capital | 5,481 |
|
Total Interest Expense | 456 |
| Total Deposits | 102,656 |
|
Total NonInterest Expense | 589 |
| Net Loans & Leases | 56,992 |
|
Net Income | 295 |
| Loan Loss Allowance | 224 |
|
Net Charge Offs | 0 |
|
|
|
| Regulatory Capital |
|
Quarterly Averages
(USD, in thousands) |
| Total capital | 8,871 |
|
Total loans | 56,486 |
| Total assets for the leverage ratio | 110,045 |
|
Loans secured by real estate: | 49,208 |
| Tier 1 Leverage Ratio | 7.86 |
|
Commercial and industrial loans | 6,287 |
| Tier 1 Capital Ratio | 15.48 |
|
Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 15.88 |
|
Loans to individuals - Other | 991 |
|
|
|
|
:· The Bank of Milan
