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The Milford Bank
Milford, CT · FDIC Certificate #16101 · Chartered 01/0
Total assets
$652.01M
Total deposits
$511.36M
Total equity
$57.82M
Net loans
$515.60M
Branches (offices)
6
Net income (YTD)
$2.12M
Rank: #1,451 of 4,213 U.S. banks by assets · #20 of 26 in Connecticut. Assets changed 2.8% and deposits 1.3% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 0.65% |
| Return on equity | 7.48% |
| Net interest margin (YTD) | 3.62% |
| Equity to assets | 8.87% |
| Tier 1 leverage ratio | 9.94% |
| Uninsured deposits (share of deposits) | 15.0% |
| Noncurrent loans (share of loans) | 0.49% |
| Net charge-offs (share of loans) | 0.00% |
| Loans to deposits | 100.8% |
| Real estate loans (share of loans) | 82.6% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $425.92M | 82.6% | |
| Commercial & industrial | $79.37M | 15.4% | |
| Consumer / individual | $15.11M | 2.9% | |
| Construction & development | $34.81M | 6.8% | |
| Agricultural | $0 | 0.0% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $582.36M | $524.06M | $2.05M | $43.62M |
| Jun 2023 | $569.95M | $496.88M | $920.00K | $42.67M |
| Jun 2024 | $600.25M | $513.13M | $750.00K | $46.08M |
| Jun 2025 | $634.08M | $504.95M | $1.85M | $52.42M |
| Jun 2026 | $652.01M | $511.36M | $2.12M | $57.82M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Connecticut | $511.36M | 6 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $511.36M.
Similar-sized banks
First Midwest Bank Of Dexter ($652.04M) · First National Bank Of Gillette ($651.93M)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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