Call reports 2017
MILFORD NATIONAL BANK AND TRUST COMPANY THE — 2017
What MILFORD NATIONAL BANK AND TRUST COMPANY THE reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 333,089,000 | 337,543,000 | 330,144,000 | 357,682,000 |
| Total loans | 280,986,000 | 275,986,000 | 273,324,000 | 299,126,000 |
| Allowance for loan losses | 3,676,000 | 3,742,000 | 3,843,000 | 3,996,000 |
| Securities available for sale | 27,257,000 | 27,856,000 | 29,831,000 | 30,491,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 4,699,000 | 4,432,000 | 4,270,000 | 3,786,000 |
| Total deposits | 282,512,000 | 283,708,000 | 280,360,000 | 296,186,000 |
| Interest-bearing deposits | 267,525,000 | 268,816,000 | 266,947,000 | 281,515,000 |
| Noninterest-bearing deposits | 14,987,000 | 14,892,000 | 13,413,000 | 14,671,000 |
| Equity capital | 28,524,000 | 29,084,000 | 29,491,000 | 29,349,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 3,103,000 | 6,400,000 | 9,522,000 | 12,831,000 |
| Interest expense | 212,000 | 443,000 | 681,000 | 957,000 |
| Net interest income | 2,891,000 | 5,957,000 | 8,841,000 | 11,874,000 |
| Noninterest income | 512,000 | 988,000 | 1,471,000 | 1,956,000 |
| Noninterest expense | 2,637,000 | 5,172,000 | 7,714,000 | 10,416,000 |
| Provision for loan losses | 125,000 | 208,000 | 333,000 | 476,000 |
| Pretax income | 641,000 | 1,565,000 | 2,265,000 | 2,938,000 |
| Income tax | 229,000 | 572,000 | 825,000 | 1,498,000 |
| Net income | 412,000 | 993,000 | 1,440,000 | 1,440,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,487,000 | 29,039,000 | 29,455,000 | 29,435,000 |
| Total capital | 31,626,000 | 32,124,000 | 32,514,000 | 32,704,000 |
| Risk-weighted assets | 250,311,000 | 245,868,000 | 243,674,000 | 260,585,000 |