Call reports 2013
MILFORD FEDERAL BANK — 2013
What MILFORD FEDERAL BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 347,107,000 | 348,470,000 | 345,850,000 | 342,890,000 |
| Total loans | 260,382,000 | 258,112,000 | 258,462,000 | 262,812,000 |
| Allowance for loan losses | 1,201,000 | 1,208,000 | 1,235,000 | 1,253,000 |
| Securities available for sale | 36,105,000 | 34,509,000 | 29,749,000 | 28,798,000 |
| Securities held to maturity | 527,000 | 464,000 | 414,000 | 382,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 302,726,000 | 304,136,000 | 301,390,000 | 298,777,000 |
| Interest-bearing deposits | 299,259,000 | 286,584,000 | 286,433,000 | 283,326,000 |
| Noninterest-bearing deposits | 3,467,000 | 17,552,000 | 14,957,000 | 15,451,000 |
| Equity capital | 41,930,000 | 41,922,000 | 41,839,000 | 41,847,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 2,586,000 | 5,114,000 | 7,578,000 | 10,072,000 |
| Interest expense | 392,000 | 773,000 | 1,148,000 | 1,498,000 |
| Net interest income | 2,194,000 | 4,341,000 | 6,430,000 | 8,574,000 |
| Noninterest income | 1,820,000 | 3,646,000 | 4,096,000 | 4,920,000 |
| Noninterest expense | 2,728,000 | 5,627,000 | 8,062,000 | 10,928,000 |
| Provision for loan losses | 27,000 | 54,000 | 81,000 | 108,000 |
| Pretax income | 1,259,000 | 2,306,000 | 2,350,000 | 2,425,000 |
| Income tax | 495,000 | 904,000 | 916,000 | 951,000 |
| Net income | 764,000 | 1,402,000 | 1,434,000 | 1,474,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,593,000 | 42,388,000 | 42,491,000 | 42,531,000 |
| Total capital | 42,794,000 | 43,596,000 | 43,748,000 | 43,803,000 |
| Risk-weighted assets | 186,289,000 | 186,553,000 | 191,182,000 | 193,250,000 |