Millennial Bank
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Data as of · sourced from FFIEC call reports. How we update
Millennial Bank is an FDIC-insured commercial bank headquartered in Leeds, AL, established in 1997 (FDIC certificate 34460), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $201.3M, up 10.9% from Q2 2025, the 63rd largest of 93 banks headquartered in Alabama. Its CET1 capital ratio was 9.52% at Q2 2026, above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 34460
- Headquarters
- Leeds, AL
- Established
- 1997
- Total assets, Q2 2026
- $201.3M
- Assets vs Q2 2025
- +10.9%
- CET1 ratio, Q2 2026
- 9.52%
- Domestic offices
- 2 FDIC institution directory, current count
- Routing number
- 062206279
- Asset rank in state
- 63rd of 93 in Alabama
Millennial Bank operates with a thinner capital cushion than most banks of its size. It reported $201 million in assets at June 30, 2026, up 10.9% from a year earlier. It holds common equity equal to 9.52% of its risk-weighted assets, lower than about 9 in 10 of the 2,660 banks with $100 million to $1 billion in assets (median 15.12%). It also holds commercial real estate loans worth 3.0 times its capital, 2.5 times the median of 1.2 times for banks its size. It has also been growing, with assets up 10.9% in a year.
Net income for the quarter rose 21% from a year earlier, to $383,000. Over the same year, loans grew 17.9% and deposits grew 10.2%. Profitability lags: it earns about $0.76 a year on every $100 of assets, lower than about three-quarters of banks its size (median $1.28).
As of June 30, 2026, Millennial Bank reported a CET1 capital ratio of 9.52%, a return on assets of 0.76%, a nonperforming-loan ratio of 0.00% and a Texas ratio of 0.00%. The figures come from its call report filed with the FFIEC.
Of the 93 banks headquartered in Alabama, Millennial Bank is the 63rd largest by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets rose 0.7% to $201.3M, loans rose 4.9% and deposits rose 0.5%. Non-owner-occupied commercial real estate loans made up 26.1% of its total loans on June 30, 2026, its largest category; next came owner-occupied commercial real estate loans at 25.5%. Its 2 offices in the FDIC Summary of Deposits are in Leeds, AL and Birmingham, AL; its Leeds office books 73% of its branch deposits. Judged on its Q2 2026 call report, Millennial Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 7924 Parkway Dr, Leeds, AL 35094
- County
- Jefferson
- Metro Area
- Birmingham, AL
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Atlanta (Region 5)
- Federal Reserve member
- No
- Federal Reserve district
- District 6, Atlanta
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- December 30, 1997
- Domestic offices
- 2 FDIC institution directory, current count
- Employees (FTE)
- 20
- Domestic deposits
- $183.9M
- Allowance for credit losses
- $1.7M
- Net charge-offs (YTD)
- $155K
- Average total assets
- $200.4M
- Average total loans
- $159.9M
- Average interest-bearing deposits
- $191.1M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- December 30, 1997
- FDIC Cert
- 34460
- Fed RSSD
- 2621285
- Website
- www.millennial.bank →
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, Millennial Bank's total assets ranged from $150.6M (Q3 2023) to $201.3M (Q2 2026), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$201.3M total assets against $181.6M; $185.4M total liabilities against $167.9M.
$162.1M net loans and leases against $137.5M; $183.9M total deposits against $166.8M.
$19.4M securities against $17.3M; $4.6M cash and balances due against $11.4M.
$3.1M total interest income against $2.9M; $1.1M total interest expense against $1.0M.
$2.1M net interest income against $1.9M.
$114K total noninterest income against $126K; $1.6M total noninterest expense against $1.5M.
$100K provision for credit losses against $105K.
$383K net income against $316K.
0.76% return on assets against 0.71%; 4.44% net interest margin against 4.63%.
9.52% CET1 capital ratio against 10.32%; 8.78% tier 1 leverage ratio against 8.86%.
Inside the full Millennial Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
Millennial Bank rankings
Its closest position to the top of a national ranking is 2,952 of 4,196, for total assets; its furthest is 2,126 of 2,134, for CET1 ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 0.55% (Q1 2025) to 0.80% (Q4 2025) and its net interest margin ran from 4.06% (Q1 2025) to 4.80% (Q4 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 9.52% | 0.76% | 0.00% | 0.00% | 4.44% |
| Q1 2026 | 9.58% | 0.73% | 0.07% | 0.00% | 4.33% |
| Q4 2025 | 9.73% | 0.80% | 0.03% | 2.32% | 4.80% |
| Q3 2025 | 10.43% | 0.74% | 0.03% | 2.45% | 4.61% |
| Q2 2025 | 10.32% | 0.71% | 0.03% | 2.60% | 4.63% |
| Q1 2025 | 9.93% | 0.55% | 1.83% | 15.92% | 4.06% |
| Q4 2024 | 10.18% | 0.74% | 1.60% | 14.02% | 4.36% |
| Q3 2024 | 9.77% | 0.67% | 0.24% | 2.10% | 4.30% |
Swipe the table sideways to see every column.
Branch Network
View all 2 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Millennial Bank (main office) | Leeds , AL | 35094 | $133.7M |
| Meadow Brook Branch | Birmingham , AL | 35242 | $50.1M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.1% of deposits in AL, rank 85 of 131 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 6 loans, $9.8M approved, $1.6M average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2024 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Millennial Bank
What are Millennial Bank's total assets?
As of the Q2 2026 filing, Millennial Bank reported total assets of $201.3 million in its FFIEC call report.
Where is Millennial Bank headquartered?
It is headquartered in Leeds, AL, United States.
When was Millennial Bank founded?
It was established in 1997, per the FDIC institution directory.
Is Millennial Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #34460). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Millennial Bank?
Millennial Bank's primary federal regulator is the FDIC.
What is Millennial Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 9.52% in its Q2 2026 call report, above the 7% level required once the capital conservation buffer is included.
How many branches does Millennial Bank operate?
It operates 2 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Millennial Bank's Texas Ratio?
Its Texas Ratio is 0.00% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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