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 Milford Federal Bank
Milford Federal Bank
| RSSD ID 227777 | CERTIFICATE 29835 | ABA NUMBER 211371324 |
| 246 Main St |
Quarter Ended : |
2025-09-30 |
| Milford, Massachusetts, 1757 |
Updated : |
2025-10-30 |
| www.milfordfederal.com |
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| Institution Profile |
| Year Opened : |
1937 |
Institution Type : |
Savings bank |
| Entity Type : |
Federal |
Federal Regulator : |
OCC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Mortgage Lending Specialization |
| Number of Offices : |
4 |
Number of Employees : |
63 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 537,787 |
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Total Interest Income | 16,969 |
| Total Liabilities | 479,659 |
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Total NonInterest Income | 1,881 |
| Total Bank Equity Capital | 58,128 |
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Total Interest Expense | 7,608 |
| Total Deposits | 421,575 |
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Total NonInterest Expense | 9,649 |
| Net Loans & Leases | 470,070 |
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Net Income | 1,086 |
| Loan Loss Allowance | 2,093 |
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Net Charge Offs | 23 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
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Total loans | 455,651 |
| Total assets for the leverage ratio | 532,980 |
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Loans secured by real estate: | 455,594 |
| Tier 1 Leverage Ratio | 11.11 |
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Commercial and industrial loans | 58 |
| Off Balance Sheet Exposures (%) | 12.63 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 7,160 |
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:· Milford Federal Bank
