Call reports 2024
MILFORD BUILDING AND LOAN ASSOCIATION, SB — 2024
What MILFORD BUILDING AND LOAN ASSOCIATION, SB reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 28,415,000 | 29,182,000 | 27,523,000 | 26,900,000 |
| Total loans | 18,618,000 | 18,742,000 | 18,931,000 | 18,562,000 |
| Allowance for loan losses | 270,000 | 270,000 | 270,000 | 280,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 5,000 | 5,000 | 5,000 | 4,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,037,000 | 25,745,000 | 24,022,000 | 23,446,000 |
| Interest-bearing deposits | 25,037,000 | 25,745,000 | 24,022,000 | 23,446,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 3,166,000 | 3,206,000 | 3,237,000 | 3,239,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 313,000 | 663,000 | 1,005,000 | 1,336,000 |
| Interest expense | 172,000 | 352,000 | 531,000 | 698,000 |
| Net interest income | 141,000 | 311,000 | 474,000 | 638,000 |
| Noninterest income | 9,000 | 10,000 | 10,000 | 12,000 |
| Noninterest expense | 137,000 | 267,000 | 400,000 | 515,000 |
| Provision for loan losses | 0 | 0 | 0 | 10,000 |
| Pretax income | 13,000 | 54,000 | 84,000 | 125,000 |
| Income tax | 0 | 0 | 0 | 39,000 |
| Net income | 13,000 | 54,000 | 84,000 | 86,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,166,000 | 3,206,000 | 3,237,000 | 3,239,000 |
| Total capital | 3,336,000 | 3,380,000 | 3,408,000 | 3,405,000 |
| Risk-weighted assets | 13,532,000 | 13,894,000 | 13,589,000 | 13,244,000 |