Call reports 2014
MILFORD BUILDING AND LOAN ASSOCIATION, SB — 2014
What MILFORD BUILDING AND LOAN ASSOCIATION, SB reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 25,098,000 | 25,185,000 | 24,980,000 | 24,712,000 |
| Total loans | 19,777,000 | 20,139,000 | 20,354,000 | 20,415,000 |
| Allowance for loan losses | 180,000 | 150,000 | 165,000 | 211,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 24,000 | 24,000 | 24,000 | 23,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 22,942,000 | 23,023,000 | 22,738,000 | 22,533,000 |
| Interest-bearing deposits | 22,942,000 | 23,023,000 | 22,738,000 | 22,533,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 2,066,000 | 2,068,000 | 2,099,000 | 2,129,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 223,000 | 453,000 | 697,000 | 933,000 |
| Interest expense | 38,000 | 75,000 | 112,000 | 152,000 |
| Net interest income | 185,000 | 378,000 | 585,000 | 781,000 |
| Noninterest income | -30,000 | -31,000 | -44,000 | -37,000 |
| Noninterest expense | 117,000 | 286,000 | 413,000 | 533,000 |
| Provision for loan losses | 14,000 | 29,000 | 44,000 | 90,000 |
| Pretax income | 24,000 | 32,000 | 84,000 | 121,000 |
| Income tax | 6,000 | 12,000 | 33,000 | 40,000 |
| Net income | 18,000 | 20,000 | 51,000 | 81,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,066,000 | 2,068,000 | 2,099,000 | 2,129,000 |
| Total capital | 2,238,000 | 2,218,000 | 2,264,000 | 2,301,000 |
| Risk-weighted assets | 13,771,000 | 13,844,000 | 13,977,000 | 13,700,000 |