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BankHealth

MILFORD BUILDING&LOAN ASSN

MILFORD, ILLINOIS · FDIC Cert #30152

B
Health Score
76/100
$29M
Total Assets
$26M
Total Deposits
23.07%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

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

2.85%
Nonperforming Loans
Moderate — some loan stress
35.02%
Liquidity Ratio
Strong — can meet withdrawal demands
0.38%
Return on Assets
Low profitability
$26M
Domestic Deposits
Total domestic deposits held

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.

Frequently Asked Questions

MILFORD BUILDING&LOAN ASSN has a Bank Health Score of B (76/100). 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.

MILFORD BUILDING&LOAN ASSN holds $29M in total assets and $26M in total deposits. It is located in MILFORD, ILLINOIS (FDIC Certificate #30152).

MILFORD BUILDING&LOAN ASSN has a Tier 1 capital ratio of 23.07%, classifying it as "Well-Capitalized." The 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. Even if a bank fails, insured depositors typically regain access to funds within two business days.

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