Call reports 2016
MILFORD BANK THE — 2016
What MILFORD BANK THE reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 400,242,000 | 416,991,000 | 421,297,000 | 419,434,000 |
| Total loans | 336,073,000 | 343,173,000 | 349,963,000 | 350,384,000 |
| Allowance for loan losses | 3,380,000 | 3,492,000 | 3,358,000 | 3,258,000 |
| Securities available for sale | 18,874,000 | 18,727,000 | 23,939,000 | 24,950,000 |
| Securities held to maturity | 4,345,000 | 4,225,000 | 4,094,000 | 3,969,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 341,940,000 | 357,284,000 | 349,806,000 | 353,774,000 |
| Interest-bearing deposits | 277,065,000 | 293,206,000 | 287,375,000 | 292,211,000 |
| Noninterest-bearing deposits | 64,875,000 | 64,078,000 | 62,431,000 | 61,563,000 |
| Equity capital | 43,230,000 | 43,479,000 | 43,921,000 | 43,785,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 3,476,000 | 6,968,000 | 10,504,000 | 14,041,000 |
| Interest expense | 174,000 | 355,000 | 539,000 | 725,000 |
| Net interest income | 3,302,000 | 6,613,000 | 9,965,000 | 13,316,000 |
| Noninterest income | 536,000 | 1,038,000 | 1,815,000 | 2,280,000 |
| Noninterest expense | 3,456,000 | 6,826,000 | 10,331,000 | 14,061,000 |
| Provision for loan losses | 60,000 | 245,000 | 186,000 | 96,000 |
| Pretax income | 322,000 | 580,000 | 1,263,000 | 1,439,000 |
| Income tax | 88,000 | 152,000 | 330,000 | 370,000 |
| Net income | 234,000 | 428,000 | 933,000 | 1,069,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,549,000 | 45,744,000 | 46,247,000 | 46,384,000 |
| Total capital | 49,029,000 | 49,336,000 | 49,705,000 | 49,742,000 |
| Risk-weighted assets | 288,432,000 | 295,367,000 | 302,213,000 | 301,560,000 |