Call reports 2016
MILFORD FEDERAL BANK — 2016
What MILFORD FEDERAL BANK 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 | 364,340,000 | 371,138,000 | 374,703,000 | 376,175,000 |
| Total loans | 317,218,000 | 318,561,000 | 322,240,000 | 324,161,000 |
| Allowance for loan losses | 1,401,000 | 1,426,000 | 1,439,000 | 1,465,000 |
| Securities available for sale | 18,896,000 | 16,377,000 | 14,304,000 | 13,217,000 |
| Securities held to maturity | 221,000 | 209,000 | 197,000 | 185,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 305,434,000 | 309,400,000 | 312,152,000 | 315,661,000 |
| Interest-bearing deposits | 285,918,000 | 286,965,000 | 286,851,000 | 292,091,000 |
| Noninterest-bearing deposits | 19,516,000 | 22,435,000 | 25,301,000 | 23,570,000 |
| Equity capital | 43,972,000 | 44,463,000 | 44,948,000 | 45,204,000 |
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 | 2,783,000 | 5,584,000 | 8,378,000 | 11,162,000 |
| Interest expense | 333,000 | 674,000 | 1,019,000 | 1,373,000 |
| Net interest income | 2,450,000 | 4,910,000 | 7,359,000 | 9,789,000 |
| Noninterest income | 626,000 | 1,554,000 | 2,623,000 | 3,662,000 |
| Noninterest expense | 2,745,000 | 5,478,000 | 8,188,000 | 10,982,000 |
| Provision for loan losses | 25,000 | 50,000 | 75,000 | 100,000 |
| Pretax income | 306,000 | 936,000 | 1,719,000 | 2,369,000 |
| Income tax | 109,000 | 348,000 | 647,000 | 895,000 |
| Net income | 197,000 | 588,000 | 1,072,000 | 1,474,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,134,000 | 44,525,000 | 45,007,000 | 45,411,000 |
| Total capital | 45,535,000 | 45,951,000 | 46,446,000 | 46,876,000 |
| Risk-weighted assets | 218,503,000 | 221,828,000 | 224,644,000 | 227,275,000 |