Call reports 2022
MILFORD BUILDING AND LOAN ASSOCIATION, SB — 2022
What MILFORD BUILDING AND LOAN ASSOCIATION, SB reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 31,954,000 | 31,611,000 | 30,482,000 | 30,012,000 |
| Total loans | 20,631,000 | 20,551,000 | 20,501,000 | 20,282,000 |
| Allowance for loan losses | 217,000 | 225,000 | 236,000 | 266,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 6,000 | 5,000 | 5,000 | 5,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 28,821,000 | 28,377,000 | 27,155,000 | 26,250,000 |
| Interest-bearing deposits | 28,821,000 | 28,377,000 | 27,155,000 | 26,242,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 8,000 |
| Equity capital | 3,019,000 | 3,077,000 | 3,123,000 | 3,152,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 243,000 | 497,000 | 749,000 | 1,015,000 |
| Interest expense | 37,000 | 72,000 | 109,000 | 160,000 |
| Net interest income | 206,000 | 425,000 | 640,000 | 855,000 |
| Noninterest income | 0 | 7,000 | 10,000 | 12,000 |
| Noninterest expense | 139,000 | 278,000 | 419,000 | 553,000 |
| Provision for loan losses | 8,000 | 16,000 | 27,000 | 67,000 |
| Pretax income | 59,000 | 138,000 | 204,000 | 247,000 |
| Income tax | 16,000 | 37,000 | 58,000 | 70,000 |
| Net income | 43,000 | 101,000 | 146,000 | 177,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,019,000 | 3,077,000 | 3,123,000 | 3,152,000 |
| Total capital | 3,208,000 | 3,267,000 | 3,310,000 | 3,337,000 |
| Risk-weighted assets | 15,102,000 | 15,184,000 | 14,918,000 | 14,759,000 |