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The Milford Bank
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The Milford Bank
| RSSD ID 258306 | CERTIFICATE 16101 | ABA NUMBER 211170211 |
| 33 Broad St |
Quarter Ended : |
2026-06-30 |
| Milford, Connecticut, 6460 |
Updated : |
2026-07-30 |
| www.milfordbank.com |
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| Institution Profile |
| Year Opened : |
1872 |
Institution Type : |
Stock and Mutual Savings bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
6 |
Number of Employees : |
82 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 652,010 |
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Total Interest Income | 14,836 |
| Total Liabilities | 594,194 |
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Total NonInterest Income | 1,558 |
| Total Bank Equity Capital | 57,816 |
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Total Interest Expense | 3,762 |
| Total Deposits | 511,362 |
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Total NonInterest Expense | 9,742 |
| Net Loans & Leases | 515,597 |
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Net Income | 2,121 |
| Loan Loss Allowance | 5,139 |
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Net Charge Offs | 10 |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 70,605 |
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Total loans | 511,917 |
| Total assets for the leverage ratio | 657,644 |
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Loans secured by real estate: | 418,405 |
| Tier 1 Leverage Ratio | 9.94 |
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Commercial and industrial loans | 77,970 |
| Tier 1 Capital Ratio | 14.36 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 15.51 |
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Loans to individuals - Other | 15,213 |
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