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 The Milford Bank
The Milford Bank
| RSSD ID 258306 | CERTIFICATE 16101 | ABA NUMBER 211170211 |
| 33 Broad St |
Quarter Ended : |
2025-03-31 |
| Milford, Connecticut, 6460 |
Updated : |
2025-04-24 |
| 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 : |
78 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 628,824 |
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Total Interest Income | 6,766 |
| Total Liabilities | 577,919 |
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Total NonInterest Income | 627 |
| Total Bank Equity Capital | 50,905 |
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Total Interest Expense | 1,974 |
| Total Deposits | 503,915 |
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Total NonInterest Expense | 4,168 |
| Net Loans & Leases | 482,825 |
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Net Income | 1,028 |
| Loan Loss Allowance | 4,559 |
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Net Charge Offs | 1 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 65,357 |
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Total loans | 486,850 |
| Total assets for the leverage ratio | 639,184 |
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Loans secured by real estate: | 402,460 |
| Tier 1 Leverage Ratio | 9.5 |
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Commercial and industrial loans | 65,747 |
| Tier 1 Capital Ratio | 14.13 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 15.22 |
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Loans to individuals - Other | 17,880 |
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:· The Milford Bank
