Call reports 2019
MILFORD FEDERAL BANK — 2019
What MILFORD FEDERAL BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 391,354,000 | 403,511,000 | 418,574,000 | 413,903,000 |
| Total loans | 348,349,000 | 353,859,000 | 356,195,000 | 364,799,000 |
| Allowance for loan losses | 1,613,000 | 1,629,000 | 1,649,000 | 1,650,000 |
| Securities available for sale | 11,546,000 | 11,392,000 | 16,641,000 | 14,871,000 |
| Securities held to maturity | 119,000 | 113,000 | 109,000 | 103,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 319,375,000 | 330,042,000 | 338,970,000 | 341,379,000 |
| Interest-bearing deposits | 294,746,000 | 302,227,000 | 312,360,000 | 26,819,000 |
| Noninterest-bearing deposits | 24,629,000 | 27,815,000 | 26,610,000 | 314,560,000 |
| Equity capital | 48,280,000 | 48,680,000 | 49,312,000 | 49,695,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 3,427,000 | 6,909,000 | 10,519,000 | 14,102,000 |
| Interest expense | 634,000 | 1,354,000 | 2,193,000 | 3,083,000 |
| Net interest income | 2,793,000 | 5,555,000 | 8,326,000 | 11,019,000 |
| Noninterest income | 592,000 | 1,279,000 | 2,453,000 | 3,366,000 |
| Noninterest expense | 3,012,000 | 6,060,000 | 9,146,000 | 12,295,000 |
| Provision for loan losses | 19,000 | 38,000 | 56,000 | 56,000 |
| Pretax income | 354,000 | 723,000 | 1,564,000 | 2,021,000 |
| Income tax | 86,000 | 177,000 | 403,000 | 520,000 |
| Net income | 268,000 | 546,000 | 1,161,000 | 1,501,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,564,000 | 48,836,000 | 49,461,000 | 49,801,000 |
| Total capital | 50,177,000 | 50,465,000 | 51,110,000 | 51,451,000 |
| Risk-weighted assets | 247,420,000 | 249,841,000 | 252,143,000 | 259,153,000 |