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Milford Federal Bank
Milford, MA · FDIC Certificate #29835 · Chartered 01/0
Total assets
$545.08M
Total deposits
$451.53M
Total equity
$59.54M
Net loans
$463.94M
Branches (offices)
4
Net income (YTD)
$891.00K
Rank: #1,682 of 4,213 U.S. banks by assets · #68 of 89 in Massachusetts. Assets changed 3.2% and deposits 12.0% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 0.33% |
| Return on equity | 3.01% |
| Net interest margin (YTD) | 2.63% |
| Equity to assets | 10.92% |
| Tier 1 leverage ratio | 11.94% |
| Uninsured deposits (share of deposits) | 7.9% |
| Noncurrent loans (share of loans) | 0.40% |
| Net charge-offs (share of loans) | 0.00% |
| Loans to deposits | 102.7% |
| Real estate loans (share of loans) | 99.3% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $460.64M | 99.3% | |
| Commercial & industrial | $45.00K | 0.0% | |
| Consumer / individual | $5.39M | 1.2% | |
| Construction & development | $8.81M | 1.9% | |
| Agricultural | $0 | 0.0% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $455.96M | $396.43M | $688.00K | $52.06M |
| Jun 2023 | $493.90M | $375.50M | $903.00K | $54.14M |
| Jun 2024 | $501.54M | $373.89M | $555.00K | $55.98M |
| Jun 2025 | $528.36M | $403.27M | $518.00K | $57.06M |
| Jun 2026 | $545.08M | $451.53M | $891.00K | $59.54M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Massachusetts | $387.89M | 3 |
| Rhode Island | $63.64M | 1 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $451.53M.
Similar-sized banks
Glenwood State Bank (Incorporated) ($545.21M) · Lisle Savings Bank ($544.53M)
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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