Call reports 2017
MILFORD FEDERAL BANK — 2017
What MILFORD FEDERAL BANK 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 | 380,547,000 | 382,602,000 | 383,629,000 | 383,803,000 |
| Total loans | 326,853,000 | 333,883,000 | 341,651,000 | 333,779,000 |
| Allowance for loan losses | 1,491,000 | 1,506,000 | 1,537,000 | 1,563,000 |
| Securities available for sale | 12,312,000 | 11,420,000 | 10,607,000 | 10,037,000 |
| Securities held to maturity | 175,000 | 165,000 | 156,000 | 149,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 320,254,000 | 321,562,000 | 319,177,000 | 317,945,000 |
| Interest-bearing deposits | 298,243,000 | 296,485,000 | 296,577,000 | 296,163,000 |
| Noninterest-bearing deposits | 22,011,000 | 25,077,000 | 22,600,000 | 21,782,000 |
| Equity capital | 45,430,000 | 45,748,000 | 46,118,000 | 46,622,000 |
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 | 2,863,000 | 5,776,000 | 8,800,000 | 11,842,000 |
| Interest expense | 337,000 | 691,000 | 1,056,000 | 1,439,000 |
| Net interest income | 2,526,000 | 5,085,000 | 7,744,000 | 10,403,000 |
| Noninterest income | 677,000 | 1,399,000 | 2,270,000 | 3,171,000 |
| Noninterest expense | 2,786,000 | 5,577,000 | 8,468,000 | 11,346,000 |
| Provision for loan losses | 25,000 | 50,000 | 75,000 | 100,000 |
| Pretax income | 392,000 | 857,000 | 1,471,000 | 2,128,000 |
| Income tax | 145,000 | 319,000 | 553,000 | 490,000 |
| Net income | 247,000 | 538,000 | 918,000 | 1,638,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,657,000 | 45,949,000 | 46,329,000 | 47,049,000 |
| Total capital | 47,148,000 | 47,455,000 | 47,866,000 | 48,612,000 |
| Risk-weighted assets | 228,179,000 | 233,046,000 | 236,285,000 | 233,500,000 |