Call reports 2015
MILFORD FEDERAL BANK — 2015
What MILFORD FEDERAL BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 361,904,000 | 364,635,000 | 360,443,000 | 361,120,000 |
| Total loans | 309,980,000 | 311,151,000 | 312,518,000 | 311,639,000 |
| Allowance for loan losses | 1,169,000 | 1,292,000 | 1,351,000 | 1,382,000 |
| Securities available for sale | 24,835,000 | 23,159,000 | 21,611,000 | 19,801,000 |
| Securities held to maturity | 283,000 | 265,000 | 247,000 | 232,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 298,670,000 | 301,370,000 | 301,414,000 | 302,177,000 |
| Interest-bearing deposits | 279,844,000 | 282,214,000 | 281,355,000 | 282,685,000 |
| Noninterest-bearing deposits | 18,826,000 | 19,156,000 | 20,059,000 | 19,492,000 |
| Equity capital | 43,016,000 | 43,026,000 | 43,483,000 | 43,619,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 2,802,000 | 5,586,000 | 8,353,000 | 11,116,000 |
| Interest expense | 306,000 | 623,000 | 950,000 | 1,276,000 |
| Net interest income | 2,496,000 | 4,963,000 | 7,403,000 | 9,840,000 |
| Noninterest income | 780,000 | 1,693,000 | 2,487,000 | 3,300,000 |
| Noninterest expense | 2,690,000 | 5,464,000 | 8,167,000 | 10,988,000 |
| Provision for loan losses | 98,000 | 226,000 | 291,000 | 324,000 |
| Pretax income | 488,000 | 966,000 | 1,432,000 | 1,828,000 |
| Income tax | 180,000 | 362,000 | 534,000 | 678,000 |
| Net income | 308,000 | 604,000 | 898,000 | 1,150,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,095,000 | 43,391,000 | 43,685,000 | 43,937,000 |
| Total capital | 44,264,000 | 44,683,000 | 45,036,000 | 45,319,000 |
| Risk-weighted assets | 215,493,000 | 216,358,000 | 217,044,000 | 215,915,000 |