Call reports 2018
MILFORD FEDERAL BANK — 2018
What MILFORD FEDERAL BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 383,063,000 | 385,913,000 | 383,215,000 | 390,157,000 |
| Total loans | 332,882,000 | 342,022,000 | 342,227,000 | 347,389,000 |
| Allowance for loan losses | 1,535,000 | 1,555,000 | 1,576,000 | 1,594,000 |
| Securities available for sale | 9,241,000 | 8,428,000 | 9,812,000 | 9,917,000 |
| Securities held to maturity | 142,000 | 135,000 | 129,000 | 123,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 321,138,000 | 321,653,000 | 317,045,000 | 314,943,000 |
| Interest-bearing deposits | 297,581,000 | 296,802,000 | 293,036,000 | 293,027,000 |
| Noninterest-bearing deposits | 23,557,000 | 24,851,000 | 24,009,000 | 21,916,000 |
| Equity capital | 46,806,000 | 47,052,000 | 47,431,000 | 47,940,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 3,057,000 | 6,148,000 | 9,346,000 | 12,651,000 |
| Interest expense | 380,000 | 776,000 | 1,233,000 | 1,795,000 |
| Net interest income | 2,677,000 | 5,372,000 | 8,113,000 | 10,856,000 |
| Noninterest income | 759,000 | 1,478,000 | 2,243,000 | 2,914,000 |
| Noninterest expense | 2,981,000 | 6,030,000 | 8,947,000 | 12,001,000 |
| Provision for loan losses | 19,000 | 38,000 | 56,000 | 75,000 |
| Pretax income | 436,000 | 782,000 | 1,353,000 | 1,667,000 |
| Income tax | 113,000 | 202,000 | 354,000 | 440,000 |
| Net income | 323,000 | 580,000 | 999,000 | 1,227,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,395,000 | 47,652,000 | 48,071,000 | 48,300,000 |
| Total capital | 48,930,000 | 49,207,000 | 49,647,000 | 49,894,000 |
| Risk-weighted assets | 234,822,000 | 239,452,000 | 240,885,000 | 245,621,000 |