Milford Building&Loan Assn
Milford, Illinois · FDIC Cert #30152
Milford Building&Loan Assn is an FDIC-insured bank (Certificate #30152) with $29M in total assets and $26M in total deposits as of the Q2 2024 Call Report. Headquartered in Milford, Illinois, the bank maintains a Tier 1 capital ratio of 23.07% (Well-Capitalized) and a nonperforming loan ratio of 2.85%. BankHealthData assigns a composite Health Grade of B (76/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Milford Building&Loan Assn (FDIC cert 30152) is a community bank — $29M in total assets, $26M in deposits, serving the Milford, Illinois area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is strong: Tier 1 capital ratio of 23.07% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is elevated: non-performing loan ratio of 2.85% runs above 2%, suggesting the loan book carries more credit risk than peer banks. Elevated NPL can reflect specific portfolio concentrations or broader credit-cycle pressure. Liquidity is comfortable: 35.0% of assets in liquid form — sufficient to cover meaningful deposit-outflow scenarios without forced asset sales.
Profitability is thin: ROA of 0.38% runs below the 1% benchmark. Thin margins can reflect cyclical net-interest-margin pressure, elevated provisions for loan losses, or operating-cost inefficiency. Health-score trend is mildly positive across the recent-quarters window. The directional signal is favorable but not dramatic. Milford Building&Loan Assn carries a composite BankHealth grade of B (76/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Milford Building&Loan Assn
- Total Assets
- $29M
- Total Deposits
- $26M
- Tier 1 Capital Ratio
- 23.07%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 2.85%
- Liquidity Ratio
- 35.02%
- Return on Assets
- 0.38%
- Headquarters
- Milford, Illinois
- FDIC Certificate
- #30152
- Health Grade
- B (76/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Milford Building&Loan Assn holds a Tier 1 capital ratio of 23.07%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Milford Building&Loan Assn has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Milford Building&Loan Assn shows strong financial health indicators. With $29M in assets and a Health Score of 76/100, 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.
How Milford Building&Loan Assn Compares
Milford Building&Loan Assn’s Health Score of 76 is 4 points above the Illinois state average of 72 across 333 FDIC-insured banks. Its 23.07% Tier 1 capital ratio is 9.1 points above the US banking industry average near 14%. The 2.85% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 0.38% is below the national ROA benchmark of ~1.1%. Among 263 similarly-sized banks, the average Health Score is 68, meaning this bank ranks above its size cohort. Site-wide, Milford Building&Loan Assn is 6 points above the portfolio average of 70.
Frequently Asked Questions
Milford Building&Loan Assn has a Bank Health Score of B (76/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 23.07%, 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.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Milford Building&Loan Assn's Tier 1 capital ratio of 23.07% and nonperforming loan ratio of 2.85% indicate a low risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Milford Building&Loan Assn is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #30152). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Milford Building&Loan Assn holds $29M in total assets and $26M in total deposits. It is headquartered in Milford, Illinois (FDIC Certificate #30152).
Milford Building&Loan Assn has a Tier 1 capital ratio of 23.07%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 2.85%, and the return on assets is 0.38%.
Yes. Milford Building&Loan Assn is FDIC-insured (Certificate #30152). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An B grade on our Bank Health Score means 70-84/100 — solid financial position with no major stress signals. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Milford Building&Loan Assn's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.