Call reports 2018
MILFORD BANK THE — 2018
What MILFORD BANK THE reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 441,789,000 | 436,650,000 | 435,245,000 | 441,881,000 |
| Total loans | 375,652,000 | 374,928,000 | 374,345,000 | 384,546,000 |
| Allowance for loan losses | 3,280,000 | 3,226,000 | 2,960,000 | 3,066,000 |
| Securities available for sale | 20,988,000 | 19,274,000 | 17,617,000 | 17,374,000 |
| Securities held to maturity | 2,507,000 | 2,404,000 | 1,820,000 | 1,728,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 346,032,000 | 351,658,000 | 344,616,000 | 345,752,000 |
| Interest-bearing deposits | 281,942,000 | 285,405,000 | 275,684,000 | 277,527,000 |
| Noninterest-bearing deposits | 64,090,000 | 66,253,000 | 68,932,000 | 68,225,000 |
| Equity capital | 43,889,000 | 44,201,000 | 44,712,000 | 45,533,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 3,946,000 | 7,964,000 | 11,997,000 | 16,144,000 |
| Interest expense | 336,000 | 726,000 | 1,138,000 | 1,590,000 |
| Net interest income | 3,610,000 | 7,238,000 | 10,859,000 | 14,554,000 |
| Noninterest income | 533,000 | 1,055,000 | 1,663,000 | 2,100,000 |
| Noninterest expense | 3,747,000 | 7,457,000 | 11,276,000 | 14,725,000 |
| Provision for loan losses | -75,000 | -110,000 | -360,000 | -250,000 |
| Pretax income | 471,000 | 946,000 | 1,579,000 | 2,152,000 |
| Income tax | 87,000 | 175,000 | 297,000 | 408,000 |
| Net income | 384,000 | 771,000 | 1,282,000 | 1,744,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,268,000 | 47,167,000 | 47,678,000 | 48,140,000 |
| Total capital | 49,648,000 | 50,493,000 | 50,738,000 | 51,306,000 |
| Risk-weighted assets | 319,270,000 | 317,947,000 | 315,646,000 | 327,150,000 |