Milford Federal Savings And Loan Association
Milford, MA — Savings & Loan Association
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Net Income Analysis
( % relative to Total Revenue )
Income Statement | Milford Federal Savings And Loan Association | All Insured Savings Banks in Massachusetts |
Interest and Fees on Loans | 10,873 | 22,507 |
Income from Lease Financing Receivables | — | 0 |
— | 12 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 5 |
Income on Loans and Leases (TE) | 10,873 | 22,524 |
Investment Interest Income (TE) | 258 | 2,367 |
Total Interest Income (TE) | 11,162 | 25,271 |
Total Interest Expense | 1,373 | 3,912 |
Net Interest Income (TE) | 9,789 | 21,140 |
Non-Interest Income | 3,662 | 4,299 |
Adjusted Operating Income (TE) | 13,451 | 27,158 |
Non-interest Expense | 10,982 | 19,697 |
Provision for Loan & Lease Losses | 100 | 554 |
Pretax Operating Income (TE) | 2,369 | 6,325 |
Pretax Net Operating Income (TE) | 2,369 | 6,941 |
Applicable Income Taxes | 895 | 1,880 |
Net Operating Income | 1,474 | 4,661 |
Net Income | 1,474 | 4,648 |
Cash Dividends Declared | — | 46 |
Retained Earnings | 1,474 | 4,164 |