Call reports 2020
MILFORD BUILDING AND LOAN ASSOCIATION, SB — 2020
What MILFORD BUILDING AND LOAN ASSOCIATION, SB reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 30,025,000 | 31,408,000 | 30,934,000 | 31,029,000 |
| Total loans | 20,082,000 | 20,204,000 | 20,530,000 | 20,439,000 |
| Allowance for loan losses | 167,000 | 182,000 | 197,000 | 195,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 7,000 | 0 | 0 | 7,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 27,095,000 | 28,476,000 | 27,964,000 | 28,058,000 |
| Interest-bearing deposits | 27,095,000 | 28,476,000 | 27,964,000 | 28,058,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 2,726,000 | 2,750,000 | 2,772,000 | 2,826,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 279,000 | 559,000 | 842,000 | 1,118,000 |
| Interest expense | 113,000 | 216,000 | 309,000 | 387,000 |
| Net interest income | 166,000 | 343,000 | 533,000 | 731,000 |
| Noninterest income | 1,000 | 4,000 | 5,000 | 14,000 |
| Noninterest expense | 138,000 | 270,000 | 411,000 | 530,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 14,000 | 47,000 | 82,000 | 155,000 |
| Income tax | 5,000 | 13,000 | 26,000 | 45,000 |
| Net income | 9,000 | 34,000 | 56,000 | 110,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,726,000 | 2,750,000 | 2,772,000 | 2,826,000 |
| Total capital | 2,893,000 | 2,932,000 | 2,960,000 | 3,015,000 |
| Risk-weighted assets | 14,626,000 | 14,922,000 | 15,035,000 | 15,139,000 |