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Millennial Bank
Millennial Bank
RSSD ID 2621285 | CERTIFICATE 34460 | ABA NUMBER 62206279 |
7924 Parkway Dr |
Quarter Ended : |
2025-03-31 |
Leeds, Alabama, 35094 |
Updated : |
2025-04-28 |
www.millennial.bank |
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Institution Profile |
Year Opened : |
1997 |
Institution Type : |
Commercial bank |
Entity Type : |
State |
Federal Regulator : |
FDIC |
Member Federal Reserve : |
No |
S-Corp : |
No |
Fiduciary Powers : |
No |
Powers Exercised : |
No |
Filing Type : |
051 |
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Specialization : |
Commercial Lending Specialization |
Number of Offices : |
2 |
Number of Employees : |
18 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 176,456 |
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Total Interest Income | 2,697 |
Total Liabilities | 162,828 |
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Total NonInterest Income | 109 |
Total Bank Equity Capital | 13,628 |
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Total Interest Expense | 1,047 |
Total Deposits | 161,794 |
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Total NonInterest Expense | 1,405 |
Net Loans & Leases | 129,184 |
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Net Income | 244 |
Loan Loss Allowance | 1,342 |
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Net Charge Offs | 0 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Total capital | 16,823 |
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Total loans | 130,345 |
Total assets for the leverage ratio | 178,402 |
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Loans secured by real estate: | 104,906 |
Tier 1 Leverage Ratio | 8.68 |
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Commercial and industrial loans | 24,634 |
Tier 1 Capital Ratio | 9.93 |
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Loans to individuals - Credit Cards | 0 |
Total Capital Ratio | 10.79 |
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Loans to individuals - Other | 608 |
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