Call reports 2013
MILFORD BUILDING AND LOAN ASSOCIATION, SB — 2013
What MILFORD BUILDING AND LOAN ASSOCIATION, SB reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 26,388,000 | 25,807,000 | 25,346,000 | 24,991,000 |
| Total loans | 18,591,000 | 18,879,000 | 19,484,000 | 19,614,000 |
| Allowance for loan losses | 197,000 | 207,000 | 213,000 | 166,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 27,000 | 27,000 | 27,000 | 25,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,269,000 | 23,623,000 | 23,051,000 | 21,888,000 |
| Interest-bearing deposits | 24,269,000 | 23,623,000 | 23,051,000 | 21,888,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 1,976,000 | 2,026,000 | 2,062,000 | 2,048,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 228,000 | 478,000 | 725,000 | 966,000 |
| Interest expense | 49,000 | 92,000 | 134,000 | 174,000 |
| Net interest income | 179,000 | 386,000 | 591,000 | 792,000 |
| Noninterest income | 19,000 | 4,000 | -11,000 | -73,000 |
| Noninterest expense | 110,000 | 222,000 | 345,000 | 482,000 |
| Provision for loan losses | 2,000 | 8,000 | 14,000 | 49,000 |
| Pretax income | 86,000 | 160,000 | 221,000 | 188,000 |
| Income tax | 29,000 | 54,000 | 79,000 | 59,000 |
| Net income | 57,000 | 106,000 | 142,000 | 129,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,976,000 | 2,026,000 | 2,062,000 | 2,048,000 |
| Total capital | 2,121,000 | 2,026,000 | 2,062,000 | 2,214,000 |
| Risk-weighted assets | 11,585,000 | 13,033,000 | 13,651,000 | 13,642,000 |