Call reports 2016
MILFORD BUILDING AND LOAN ASSOCIATION, SB — 2016
What MILFORD BUILDING AND LOAN ASSOCIATION, SB reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 28,296,000 | 27,561,000 | 27,443,000 | 27,475,000 |
| Total loans | 21,113,000 | 21,518,000 | 21,559,000 | 21,609,000 |
| Allowance for loan losses | 213,000 | 193,000 | 216,000 | 194,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 16,000 | 16,000 | 16,000 | 15,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,929,000 | 25,169,000 | 24,966,000 | 24,278,000 |
| Interest-bearing deposits | 25,929,000 | 25,162,000 | 24,966,000 | 24,278,000 |
| Noninterest-bearing deposits | 0 | 7,000 | 0 | 0 |
| Equity capital | 2,273,000 | 2,288,000 | 2,314,000 | 2,348,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 241,000 | 480,000 | 727,000 | 972,000 |
| Interest expense | 45,000 | 91,000 | 134,000 | 178,000 |
| Net interest income | 196,000 | 389,000 | 593,000 | 794,000 |
| Noninterest income | 2,000 | 3,000 | 15,000 | -25,000 |
| Noninterest expense | 127,000 | 273,000 | 419,000 | 563,000 |
| Provision for loan losses | 23,000 | 45,000 | 68,000 | 45,000 |
| Pretax income | 48,000 | 74,000 | 121,000 | 161,000 |
| Income tax | 21,000 | 31,000 | 52,000 | 58,000 |
| Net income | 27,000 | 43,000 | 69,000 | 103,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,273,000 | 2,288,000 | 2,314,000 | 2,348,000 |
| Total capital | 2,417,000 | 2,472,000 | 2,497,000 | 2,531,000 |
| Risk-weighted assets | 11,478,000 | 14,716,000 | 14,683,000 | 14,683,000 |