Call reports 2014
MILFORD BANK THE — 2014
What MILFORD BANK THE reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 396,661,000 | 402,079,000 | 404,070,000 | 399,632,000 |
| Total loans | 330,564,000 | 330,072,000 | 331,476,000 | 325,579,000 |
| Allowance for loan losses | 3,132,000 | 3,149,000 | 3,121,000 | 3,035,000 |
| Securities available for sale | 10,267,000 | 10,157,000 | 7,320,000 | 7,179,000 |
| Securities held to maturity | 2,338,000 | 2,336,000 | 4,842,000 | 5,791,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 345,921,000 | 351,386,000 | 352,849,000 | 347,883,000 |
| Interest-bearing deposits | 287,868,000 | 291,824,000 | 294,685,000 | 293,889,000 |
| Noninterest-bearing deposits | 58,053,000 | 59,562,000 | 58,164,000 | 53,994,000 |
| Equity capital | 42,641,000 | 42,909,000 | 43,099,000 | 41,716,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 3,626,000 | 7,146,000 | 10,676,000 | 14,287,000 |
| Interest expense | 271,000 | 536,000 | 798,000 | 1,051,000 |
| Net interest income | 3,355,000 | 6,610,000 | 9,878,000 | 13,236,000 |
| Noninterest income | 533,000 | 1,011,000 | 1,547,000 | 2,035,000 |
| Noninterest expense | 3,377,000 | 6,769,000 | 10,197,000 | 13,713,000 |
| Provision for loan losses | -4,000 | 20,000 | 88,000 | 163,000 |
| Pretax income | 515,000 | 832,000 | 1,140,000 | 1,395,000 |
| Income tax | 152,000 | 237,000 | 321,000 | 384,000 |
| Net income | 363,000 | 595,000 | 819,000 | 1,011,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,772,000 | 44,007,000 | 44,232,000 | 44,426,000 |
| Total capital | 47,130,000 | 47,374,000 | 47,571,000 | 47,670,000 |
| Risk-weighted assets | 277,289,000 | 279,083,000 | 280,127,000 | 276,904,000 |