# MILFORD BANK
MILFORD, CT · FDIC certificate 16101 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. Composite score 1 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $652.0M | |
| Deposits | $511.4M | |
| Loans and leases | $520.7M | |
| Total equity | $57.8M | |
| Loans / deposits | 100.83% (p90 of band) | 82.04% |
| Liquid assets / assets | 16.05% (p19 of band) | |
| Uninsured deposits / deposits | 14.97% (p13 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 9.97% (p77 of band) | |
| FHLB advances / assets | 9.97% | |
| Tier 1 leverage | 9.94% (p32 of band) | 10.81% |
| Unrealized securities loss / equity | -16.57% (p28 of band) | -8.10% |
| AOCI / equity | -0.11% (p66 of band) | |
| ROA (annualized) | 0.65% (p16 of band) | 1.28% |
| Net interest margin | 3.62% (p34 of band) | 3.91% |
| Efficiency ratio | 77.12% (p85 of band) | |
| Noncurrent loans | 0.49% (p54 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p44 of band) | |
| Reserve coverage of noncurrent | 201.45% | |
| Real estate % of loans | 82% | |
| Construction % of loans | 60.21% (p64 of band) | |
| Auto loans | $14.6M (2.80% of loans; DQ 0.38%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 1.3% | |
| Employees | 82 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 2 | expense ratio p90 |  |
| 2012-06 | 1 |  | expense ratio p90 |
| 2012-09 | 1 |  |  |
| 2012-12 | 1 |  |  |
| 2013-03 | 2 | capital falling |  |
| 2013-06 | 3 | expense ratio p90 |  |
| 2013-09 | 3 | liquid assets <10% | capital falling |
| 2013-12 | 2 |  | liquid assets <10% |
| 2014-03 | 0 |  | reserve under noncurrent, expense ratio p90 |
| 2014-06 | 1 | expense ratio p90 |  |
| 2014-09 | 2 | reserve under noncurrent |  |
| 2014-12 | 1 |  | reserve under noncurrent |
| 2015-03 | 1 |  |  |
| 2015-06 | 1 |  |  |
| 2015-09 | 2 | deposits shrinking |  |
| 2015-12 | 1 |  | deposits shrinking |
| 2016-03 | 1 |  |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 4 | loans exceed deposits, liquid assets <10%, capital falling |  |
| 2017-09 | 3 |  | capital falling |
| 2017-12 | 4 | losing money |  |
| 2018-03 | 4 | capital falling | losing money |
| 2018-06 | 3 |  | capital falling |
| 2018-09 | 3 |  |  |
| 2018-12 | 3 |  |  |
| 2019-03 | 3 |  |  |
| 2019-06 | 4 | capital falling |  |
| 2019-09 | 3 |  | capital falling |
| 2019-12 | 3 |  |  |
| 2020-03 | 4 | capital falling |  |
| 2020-06 | 3 |  | liquid assets <10% |
| 2020-09 | 3 | liquid assets <10% | capital falling |
| 2020-12 | 1 |  | loans exceed deposits, liquid assets <10% |
| 2021-03 | 2 | capital falling |  |
| 2021-06 | 2 |  |  |
| 2021-09 | 1 |  | capital falling |
| 2021-12 | 1 |  |  |
| 2022-03 | 0 |  | expense ratio p90 |
| 2022-06 | 1 | AOCI drag >20% of equity |  |
| 2022-09 | 3 | capital falling, securities losses >30% of equity |  |
| 2022-12 | 3 | expense ratio p90 | capital falling |
| 2023-03 | 2 |  | AOCI drag >20% of equity |
| 2023-06 | 5 | capital falling, deposits shrinking, uninsured deposits leaving |  |
| 2023-09 | 3 |  | deposits shrinking, uninsured deposits leaving |
| 2023-12 | 2 |  | capital falling |
| 2024-03 | 2 |  |  |
| 2024-06 | 1 |  | expense ratio p90 |
| 2024-09 | 0 |  | securities losses >30% of equity |
| 2024-12 | 0 |  |  |
| 2025-03 | 0 |  |  |
| 2025-06 | 0 |  |  |
| 2025-09 | 1 | loans exceed deposits |  |
| 2025-12 | 1 | capital falling | loans exceed deposits |
| 2026-03 | 0 |  | capital falling |
| 2026-06 | 1 | loans exceed deposits |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2025-12-19 [65-year-old man accused of robbing Milford bank - WTNH.com](https://news.google.com/rss/articles/CBMinAFBVV95cUxPcUdHQ1FHemliUjRKdU1Zd0kteG5VTHdPZW02RW1TTW5EZmpCUThrNWpiMUJ2cTZ0a2VxQVphWkRIcWFQWHlkYkt4eGx0RE5BckIwaVBtRU9QNDB1N0ZhLWVHb3Y2MGtWc0UzMkFOSzhEN1pEUWhpU2VRNThlS2Y5SlIwb0x6NXRLT2JfMlF0M2hxMWxEXy1QVHRGTETSAaIBQVVfeXFMUDdnZzU5WWhYRlVLTGlOOThmS1F0RFJWbF8xZmZ0SzNCa3lXa0hkY2VGczlUZTM4emMyTEdQZ2djVTYwbUk4MUZHWTBtU2huRDZtcjFleUpMLVllcVMtaHNSN3o1MkRoVURacXZpOTNMYld2WmZoeEtSSWROLU1jQ2xteEF2bmZjd1phUHlFcFRZQ0pRUmotZjRwdmFpMWQxdUh3?oc=5) · WTNH.com
- 2025-12-21 [Milford man told bank employee he had gun during robbery, police say - ctinsider.com](https://news.google.com/rss/articles/CBMiqwFBVV95cUxQVTRWcmkxN3VFcTFRNXQ1TTk2T3Q1V0YxNmc5SjNkemFpWUJ1bGFLSkhwZS04UmJMUmpmNVEzUGN3QUd5aEc1REJPM01ZbzVDdFFYRi1iSUJYdEVJbk9DXzdqRjUyOFRYQWxGa0NUVG9jSG9mRW1IOXZXMVZSWURQQjVrTW1VNGZLYWR1Yjk5cWVxb21pZzJwMkFNZDJYT1dZV1U0Y08zblpnMlk?oc=5) · ctinsider.com
- 2025-12-19 [Man Robbed Bank, Told Teller He Had A Gun, Milford Police Say - Patch](https://news.google.com/rss/articles/CBMimwFBVV95cUxNS2hEd1duZEJvalRvNzZSUVlyeEJYcEMxc0ZDamx3UmRmLWZqRUItYTkxaWE4a2p4cWFTOVNqczRELWtxU0xrWUg4R21makc4Z2FKZF85OEg1Mk91dm9IX3ZzOURzdzFsUVVlMkk3MmVERnpFWUQ3dC1VZHZidkRqX0dfQ1pteWZDZ2Rvc2tCRHFRZ2REVEg2Sk1iWQ?oc=5) · Patch
- 2023-08-25 [Milford police seek male suspect in Bridgeport Avenue bank robbery - ctpost.com](https://news.google.com/rss/articles/CBMioAFBVV95cUxPb1VjQXZrWjlfWjJ6dTUtN2ZYRW92YTJvd3F3R3ViZEE0UHNhWDZTZ3JhaXloSEl3bFlQOGNVZEdiLXVneUhaSC16RTY2NlpWT3Jqd0RzMUpkWndiUC1xdUVxVThHQl90cG1YWFNVOWIwbkpXQzRaZ2NKeFdpQUNGckU3WXZIWm13QVZzRmZraUJUa2Q1dkN3VjhVRXo4WWFr?oc=5) · ctpost.com
- 2025-10-18 [New Milford's Bank Street, Town Green used for filming new movie ‘Lady America' - Yahoo](https://news.google.com/rss/articles/CBMinwFBVV95cUxQbTRJU2hBN0p2cTF4WjQyZnZvcjNFNF9Ic0lGTUNBNU9wd3N1VFpGVUdmUW5uYXlxRlVaN0I4MHIxZzU3djByRFhBdFgydndsc2kzdjgyTHBFQm1yX3djUmcwa1lNdU1hdC1QVV9NODRmaUpoUmRBTGJiT01fbVBZS3o5UTB6T290OEpqci1rNmk0Ty1TUHZEZkFrNlkta2M?oc=5) · Yahoo
- 2020-10-22 [Police Armed Man Robs 2 People Outside Milford Bank 34845577 - News12 | Connecticut](https://news.google.com/rss/articles/CBMilgFBVV95cUxNMUdZN01rSm03V2tJYmp4UElaVnBNaHcxZVg3dERyY1VyUmdwOGFaZE1ycDNJZGZGRlY5ZU1weDRqdFVkUDRsZEcwWVFFUk5QaERDMkZXNG9renlLZFB0UFk0bnhkeWRfY2ZTdUJ1dWZqZk1xbDFTVWxTZG1RNENoOWRtdXZ6UHBxbnNGMTNHSHJxdHp2Ync?oc=5) · News12 | Connecticut
- 2024-04-18 [Physical therapy owner buys former Milford Bank building for relocation, expansion - Hartford Business Journal](https://news.google.com/rss/articles/CBMiuwFBVV95cUxQc3lhZlgwbFE1dkJYSFROS1AyeTVZUUVQUWx3TEtUbmtrdWRQQVRzLWExRGQ3YzlfRjlLdjh1RWowMm5FYXdBQWtHS1Y1UkdYRDNTdTRzSFhRcm9JOEhXa01STXFXc0dmTXhveDBOTHhxZjd6TFVXd1VLSG1pQm00U3ozRUpVYVIwdU5ic2F4WnAtVWQ5V3dJU0hhcmRmanl3Vmprc0NJdkc5MldUMmdPX2kwRndjMVZsSEJj?oc=5) · Hartford Business Journal
- 2024-06-26 [Envisioning more virtual meetings, Milford Bank seeks CT approval to close loan office in New Haven - ctinsider.com](https://news.google.com/rss/articles/CBMimAFBVV95cUxPUmFKZWhHTzdLdmFRekNvaWNYSDAzMlJ5V0NJX3BSVEU0YnZ4YzMzNmhocFRNWnRWMGx6WndrUVY3dGRXSURXWjJkQVlBRVRndmQxRFBoSS1BeU9qd0xMX1UtcU40Unh5OE96WnBjaGRWSUZzV1RuWE1KRWpaQWxsNldPWVJNX1h3OG5jeFJIQlJieXNtaHdFZA?oc=5) · ctinsider.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=16101 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/37.json (key "16101", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide