Skip to main content
BankHealth

MILFORD BANK

MILFORD, CONNECTICUT · FDIC Cert #16101

A
Health Score
80/100
$600M
Total Assets
$513M
Total Deposits
14.48%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, MILFORD BANK holds a Tier 1 capital ratio of 14.48%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning MILFORD BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

0.21%
Nonperforming Loans
Low — healthy loan portfolio
19.63%
Liquidity Ratio
Adequate liquidity
0.31%
Return on Assets
Low profitability
$513M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

MILFORD BANK shows strong financial health indicators. With $600M in assets and a Health Score of 80/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.

Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.

Frequently Asked Questions

MILFORD BANK has a Bank Health Score of A (80/100). It holds a Tier 1 capital ratio of 14.48%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

MILFORD BANK holds $600M in total assets and $513M in total deposits. It is located in MILFORD, CONNECTICUT (FDIC Certificate #16101).

MILFORD BANK has a Tier 1 capital ratio of 14.48%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.21%, and the return on assets is 0.31%.

Yes. MILFORD BANK is FDIC-insured (Certificate #16101). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.

Last updated: