Milford Bank the
BankRegReports is independent of Milford Bank the and never asks for online banking logins or passwords.
Data as of · sourced from FFIEC call reports. How we update
Milford Bank the is an FDIC-insured savings bank headquartered in Milford, CT, established in 1872 (FDIC certificate 16101), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $652.0M, up 2.8% from Q2 2025, the 20th largest of 27 banks headquartered in Connecticut. Its CET1 capital ratio was 14.36% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Savings bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 16101
- Headquarters
- Milford, CT
- Established
- 1872
- Total assets, Q2 2026
- $652.0M
- Assets vs Q2 2025
- +2.8%
- CET1 ratio, Q2 2026
- 14.36%
- Domestic offices
- 6 FDIC institution directory, current count
- Routing number
- 211170211
- Latest call report
- Q2 2026, FFIEC 051 · Milford Bank the call report
- Asset rank in state
- 20th of 27 in Connecticut
Milford Bank the spends more to run itself than most banks of its size. It reported $652 million in assets at June 30, 2026, up 2.8% from a year earlier. It earns about $0.65 a year on every $100 of assets, about half the median of $1.28 for the 2,660 banks with $100 million to $1 billion in assets. It also spends about 75 cents to bring in each dollar of revenue, higher than about three-quarters of banks its size (median 61 cents).
Earnings jumped: net income for the quarter was $1.1 million, 30% above the same quarter a year earlier. Problem loans have nearly doubled in a year: loans on nonaccrual or 90 or more days past due, net of government guarantees are 0.49% of loans, against 0.22% a year earlier.
As of June 30, 2026, Milford Bank the reported a CET1 capital ratio of 14.36%, a return on assets of 0.65%, a nonperforming-loan ratio of 0.49% and a Texas ratio of 4.05%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, Milford Bank the is the 20th largest of the 27 banks headquartered in Connecticut. Between Q1 2026 and Q2 2026, its total assets fell 0.1% to $652.0M, loans rose 2.7% and deposits fell 0.4%. Its loan book on June 30, 2026 was led by 1-4 family residential loans, at 49.5% of total loans, followed by commercial and industrial loans at 15.2%. The FDIC Summary of Deposits lists 6 offices for it, in Milford, CT and Stratford, CT; its Milford 5 offices book 90% of its branch deposits. Judged on its Q2 2026 call report, Milford Bank the meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 33 Broad St, Milford, CT 06460
- County
- South Central Connecticut
- Metro Area
- New Haven, CT
- Charter
- State-chartered stock savings bank, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- New York (Region 2)
- Federal Reserve member
- —
- Federal Reserve district
- District 1, Boston
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- January 1, 1872
- Former names
- The Milford Bank (1987)
- Domestic offices
- 6 FDIC institution directory, current count
- Employees (FTE)
- 82
- Domestic deposits
- $511.4M
- Allowance for credit losses
- $5.1M
- Net charge-offs (YTD)
- $10K
- Average total assets
- $657.6M
- Average total loans
- $511.9M
- Average interest-bearing deposits
- $366.3M
- Tax status
- C corporation
- Ownership
- Mutual
- Community bank
- Yes
- FDIC-insured since
- November 17, 1943
- FDIC Cert
- 16101
- Fed RSSD
- 258306
- Website
- www.milfordbank.com →
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, Milford Bank the's total assets ranged from $580.8M (Q3 2023) to $652.7M (Q1 2026), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$652.0M total assets against $634.1M; $594.2M total liabilities against $581.7M.
$515.6M net loans and leases against $492.8M; $511.4M total deposits against $505.0M.
$87.2M securities against $95.1M; $17.5M cash and balances due against $16.6M.
$7.5M total interest income against $6.9M; $1.9M total interest expense against $1.9M.
$5.7M net interest income against $4.9M.
$1.2M total noninterest income against $899K; $5.2M total noninterest expense against $4.6M.
$365K provision for credit losses against $175K.
$1.1M net income against $821K.
0.65% return on assets against 0.51%; 3.62% net interest margin against 3.22%.
14.36% CET1 capital ratio against 14.11%; 9.94% tier 1 leverage ratio against 9.59%.
Inside the full Milford Bank the terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Loans outstanding are at or above total deposits. The bank reports little borrowing or brokered funding, so the difference is carried mainly by equity and other liabilities. Worth watching if loan growth continues to outpace deposits. Industry heuristic, not a supervisory threshold.
Milford Bank the rankings
Its closest position to the top of a national ranking is 1,442 of 4,196, for total assets; its furthest is 3,087 of 3,611, for ROA.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.41% (Q4 2024) to 0.65% (Q2 2026) and its net interest margin ran from 3.01% (Q3 2024) to 3.62% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 14.36% | 0.65% | 0.49% | 4.05% | 3.62% |
| Q1 2026 | 14.41% | 0.64% | 0.24% | 1.97% | 3.44% |
| Q4 2025 | 14.19% | 0.44% | 0.33% | 2.78% | 3.40% |
| Q3 2025 | 14.09% | 0.61% | 0.27% | 2.28% | 3.28% |
| Q2 2025 | 14.11% | 0.51% | 0.22% | 1.92% | 3.22% |
| Q1 2025 | 14.13% | 0.64% | 0.27% | 2.34% | 3.14% |
| Q4 2024 | 13.86% | 0.41% | 0.33% | 3.05% | 3.09% |
| Q3 2024 | 14.46% | 0.44% | 0.25% | 2.12% | 3.01% |
Swipe the table sideways to see every column.
Branch Network
View all 6 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| The Milford Bank | Milford , CT | 06460 | $222.3M |
| Roses Mill Office Branch | Milford , CT | 06460 | $121.3M |
| Woodmont Branch | Milford , CT | 06460 | $60.8M |
| Devon Branch | Milford , CT | 06460 | $56.1M |
| Main Street Stratford Branch | Stratford , CT | 06614 | $50.8M |
| Depot Street Branch | Milford , CT | 06460 | $0 |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.3% of deposits in CT, rank 32 of 46 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $50K approved, $50K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2002 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
Add this badge to your website
Free to use. It shows Milford Bank the’s latest filed figures and updates each quarter.
Similar banks
Frequently asked about Milford Bank the
What are Milford Bank the's total assets?
As of the Q2 2026 filing, Milford Bank the reported total assets of $652.0 million in its FFIEC call report.
Where is Milford Bank the headquartered?
It is headquartered in Milford, CT, United States.
When was Milford Bank the founded?
It was established in 1872, per the FDIC institution directory.
Is Milford Bank the FDIC-insured?
Yes. It is an FDIC-insured savings bank (FDIC Certificate #16101). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Milford Bank the?
Milford Bank the's primary federal regulator is the FDIC.
What is Milford Bank the's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 14.36% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Milford Bank the operate?
It operates 6 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Milford Bank the's Texas Ratio?
Its Texas Ratio is 4.05% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
What was Milford Bank the previously called?
The charter now named Milford Bank the has also operated as The Milford Bank (1987), per FDIC structure-change records.
Go deeper on Milford Bank the.
Get an email when Milford Bank the files its next call report, and benchmark it against any peer you choose.
Unlock Milford Bank the, freeFree account