Call reports 2014
MILFORD FEDERAL BANK — 2014
What MILFORD FEDERAL BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 345,939,000 | 343,310,000 | 351,845,000 | 355,923,000 |
| Total loans | 266,834,000 | 280,007,000 | 302,348,000 | 306,649,000 |
| Allowance for loan losses | 1,019,000 | 1,026,000 | 1,033,000 | 1,154,000 |
| Securities available for sale | 36,413,000 | 35,426,000 | 26,623,000 | 25,695,000 |
| Securities held to maturity | 359,000 | 339,000 | 317,000 | 300,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 301,894,000 | 298,980,000 | 296,423,000 | 293,186,000 |
| Interest-bearing deposits | 284,676,000 | 282,424,000 | 278,607,000 | 276,342,000 |
| Noninterest-bearing deposits | 17,218,000 | 16,556,000 | 17,816,000 | 16,844,000 |
| Equity capital | 41,848,000 | 42,060,000 | 42,214,000 | 42,470,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 2,488,000 | 5,064,000 | 7,713,000 | 10,472,000 |
| Interest expense | 317,000 | 629,000 | 934,000 | 1,240,000 |
| Net interest income | 2,171,000 | 4,435,000 | 6,779,000 | 9,232,000 |
| Noninterest income | 482,000 | 984,000 | 1,493,000 | 2,088,000 |
| Noninterest expense | 2,744,000 | 5,349,000 | 7,954,000 | 10,723,000 |
| Provision for loan losses | 18,000 | 27,000 | 84,000 | 215,000 |
| Pretax income | -109,000 | 43,000 | 240,000 | 388,000 |
| Income tax | -52,000 | 0 | 79,000 | 132,000 |
| Net income | -57,000 | 43,000 | 161,000 | 256,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,474,000 | 42,574,000 | 42,692,000 | 42,787,000 |
| Total capital | 43,509,000 | 43,616,000 | 43,725,000 | 43,941,000 |
| Risk-weighted assets | 194,932,000 | 201,628,000 | 211,991,000 | 216,544,000 |