Call reports 2021
MILFORD BUILDING AND LOAN ASSOCIATION, SB — 2021
What MILFORD BUILDING AND LOAN ASSOCIATION, SB reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 32,033,000 | 32,187,000 | 31,962,000 | 32,039,000 |
| Total loans | 20,380,000 | 20,486,000 | 20,799,000 | 20,709,000 |
| Allowance for loan losses | 182,000 | 182,000 | 187,000 | 209,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 6,000 | 6,000 | 6,000 | 6,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,032,000 | 29,128,000 | 28,829,000 | 28,970,000 |
| Interest-bearing deposits | 29,032,000 | 29,128,000 | 28,827,000 | 28,970,000 |
| Noninterest-bearing deposits | 0 | 0 | 2,000 | 0 |
| Equity capital | 2,856,000 | 2,895,000 | 2,944,000 | 2,975,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 252,000 | 512,000 | 772,000 | 1,017,000 |
| Interest expense | 68,000 | 124,000 | 172,000 | 215,000 |
| Net interest income | 184,000 | 388,000 | 600,000 | 802,000 |
| Noninterest income | 3,000 | -19,000 | -17,000 | -16,000 |
| Noninterest expense | 132,000 | 261,000 | 402,000 | 533,000 |
| Provision for loan losses | 15,000 | 15,000 | 20,000 | 43,000 |
| Pretax income | 40,000 | 93,000 | 161,000 | 210,000 |
| Income tax | 10,000 | 24,000 | 43,000 | 61,000 |
| Net income | 30,000 | 69,000 | 118,000 | 149,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,856,000 | 2,895,000 | 2,944,000 | 2,975,000 |
| Total capital | 3,038,000 | 3,077,000 | 3,131,000 | — |
| Risk-weighted assets | 15,111,000 | 15,187,000 | 15,054,000 | — |