Call reports 2016
MILFORD NATIONAL BANK AND TRUST COMPANY THE — 2016
What MILFORD NATIONAL BANK AND TRUST COMPANY THE reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 305,183,000 | 310,035,000 | 317,475,000 | 326,039,000 |
| Total loans | 248,130,000 | 261,216,000 | 268,944,000 | 274,402,000 |
| Allowance for loan losses | 3,441,000 | 3,393,000 | 3,563,000 | 3,550,000 |
| Securities available for sale | 26,138,000 | 25,323,000 | 26,694,000 | 26,198,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 6,394,000 | 6,019,000 | 5,377,000 | 4,933,000 |
| Total deposits | 276,948,000 | 262,531,000 | 267,490,000 | 265,422,000 |
| Interest-bearing deposits | 262,832,000 | 248,209,000 | 253,298,000 | 250,361,000 |
| Noninterest-bearing deposits | 14,116,000 | 14,322,000 | 14,192,000 | 15,061,000 |
| Equity capital | 26,976,000 | 27,451,000 | 27,911,000 | 28,138,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,724,000 | 5,505,000 | 8,471,000 | 11,508,000 |
| Interest expense | 152,000 | 309,000 | 479,000 | 664,000 |
| Net interest income | 2,572,000 | 5,196,000 | 7,992,000 | 10,844,000 |
| Noninterest income | 483,000 | 1,145,000 | 1,591,000 | 2,069,000 |
| Noninterest expense | 2,394,000 | 4,806,000 | 7,177,000 | 9,643,000 |
| Provision for loan losses | 83,000 | 258,000 | 300,000 | 425,000 |
| Pretax income | 578,000 | 1,277,000 | 2,106,000 | 2,845,000 |
| Income tax | 204,000 | 457,000 | 762,000 | 1,030,000 |
| Net income | 374,000 | 820,000 | 1,344,000 | 1,815,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,746,000 | 27,165,000 | 27,662,000 | 28,105,000 |
| Total capital | 29,579,000 | 30,140,000 | 30,707,000 | 31,155,000 |
| Risk-weighted assets | 225,835,000 | 237,286,000 | 242,772,000 | 243,304,000 |