Call reports 2003
MILFORD BANK THE — 2003
What MILFORD BANK THE reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 291,465,000 | 309,493,000 | 314,454,000 | 317,896,000 |
| Total loans | 202,341,000 | 212,126,000 | 229,579,000 | 233,368,000 |
| Allowance for loan losses | 2,331,000 | 2,390,000 | 2,380,000 | 2,405,000 |
| Securities available for sale | 32,194,000 | 34,586,000 | 52,836,000 | 49,616,000 |
| Securities held to maturity | 3,274,000 | 3,130,000 | 2,999,000 | 1,897,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 213,169,000 | 230,589,000 | 229,071,000 | 240,176,000 |
| Interest-bearing deposits | 183,417,000 | 195,268,000 | 190,749,000 | 191,496,000 |
| Noninterest-bearing deposits | 29,752,000 | 35,321,000 | 38,322,000 | 48,680,000 |
| Equity capital | 26,728,000 | 27,110,000 | 27,178,000 | 27,197,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 3,934,000 | 7,791,000 | 11,652,000 | 15,496,000 |
| Interest expense | 1,251,000 | 2,459,000 | 3,561,000 | 4,616,000 |
| Net interest income | 2,683,000 | 5,332,000 | 8,091,000 | 10,880,000 |
| Noninterest income | 334,000 | 573,000 | 607,000 | 889,000 |
| Noninterest expense | 2,177,000 | 4,462,000 | 6,674,000 | 9,180,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 825,000 | 1,413,000 | 1,979,000 | 2,529,000 |
| Income tax | 283,000 | 486,000 | 681,000 | 874,000 |
| Net income | 542,000 | 927,000 | 1,298,000 | 1,655,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,652,000 | 26,051,000 | 26,457,000 | 26,095,000 |
| Total capital | 27,777,000 | 28,240,000 | 28,719,000 | 28,391,000 |
| Risk-weighted assets | 169,637,000 | 174,737,000 | 180,655,000 | 183,360,000 |