Call reports 2017
MILFORD BANK THE — 2017
What MILFORD BANK THE reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 428,262,000 | 430,295,000 | 433,397,000 | 441,694,000 |
| Total loans | 357,880,000 | 364,797,000 | 364,815,000 | 375,672,000 |
| Allowance for loan losses | 3,329,000 | 3,368,000 | 3,365,000 | 3,381,000 |
| Securities available for sale | 24,266,000 | 24,730,000 | 23,927,000 | 22,125,000 |
| Securities held to maturity | 3,880,000 | 2,793,000 | 2,697,000 | 2,593,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 355,588,000 | 360,733,000 | 350,242,000 | 350,154,000 |
| Interest-bearing deposits | 295,356,000 | 299,545,000 | 288,782,000 | 285,232,000 |
| Noninterest-bearing deposits | 60,232,000 | 61,188,000 | 61,460,000 | 64,922,000 |
| Equity capital | 43,988,000 | 44,286,000 | 44,822,000 | 43,708,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 3,632,000 | 7,380,000 | 11,236,000 | 15,058,000 |
| Interest expense | 196,000 | 399,000 | 637,000 | 890,000 |
| Net interest income | 3,436,000 | 6,981,000 | 10,599,000 | 14,168,000 |
| Noninterest income | 593,000 | 915,000 | 1,475,000 | 2,117,000 |
| Noninterest expense | 3,700,000 | 7,243,000 | 10,813,000 | 14,409,000 |
| Provision for loan losses | 85,000 | 130,000 | -10,000 | 10,000 |
| Pretax income | 244,000 | 523,000 | 1,271,000 | 1,866,000 |
| Income tax | 63,000 | 139,000 | 375,000 | 2,366,000 |
| Net income | 181,000 | 384,000 | 896,000 | -500,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,564,000 | 46,767,000 | 47,279,000 | 45,884,000 |
| Total capital | 49,993,000 | 50,235,000 | 50,744,000 | 49,365,000 |
| Risk-weighted assets | 310,298,000 | 317,825,000 | 320,120,000 | 321,454,000 |