Call reports 2023
MILFORD BUILDING AND LOAN ASSOCIATION, SB — 2023
What MILFORD BUILDING AND LOAN ASSOCIATION, SB reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 28,776,000 | 28,580,000 | 28,557,000 | 28,653,000 |
| Total loans | 19,620,000 | 19,450,000 | 19,773,000 | 19,071,000 |
| Allowance for loan losses | 257,000 | 264,000 | 275,000 | 270,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 5,000 | 5,000 | 5,000 | 5,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,442,000 | 24,433,000 | 24,418,000 | 25,324,000 |
| Interest-bearing deposits | 25,442,000 | 24,433,000 | 24,418,000 | 25,324,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 3,170,000 | 3,187,000 | 3,169,000 | 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 | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 268,000 | 553,000 | 819,000 | 1,115,000 |
| Interest expense | 81,000 | 183,000 | 302,000 | 480,000 |
| Net interest income | 187,000 | 370,000 | 517,000 | 635,000 |
| Noninterest income | -5,000 | -4,000 | -4,000 | -3,000 |
| Noninterest expense | 150,000 | 300,000 | 461,000 | 604,000 |
| Provision for loan losses | 7,000 | 14,000 | 25,000 | 28,000 |
| Pretax income | 25,000 | 52,000 | 27,000 | 0 |
| Income tax | 7,000 | 18,000 | 11,000 | 0 |
| Net income | 18,000 | 34,000 | 16,000 | 0 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,170,000 | 3,187,000 | 3,169,000 | 3,152,000 |
| Total capital | 3,348,000 | 3,364,000 | 3,350,000 | 3,331,000 |
| Risk-weighted assets | 14,212,000 | 14,148,000 | 14,454,000 | 14,278,000 |