Total Assets
$541M
Total balance-sheet footings
FDIC Cert #29835 · Milford, Massachusetts · Est. 1937
Milford Federal Bank - FDIC Bank Health Profile
A community-scale look at Milford Federal Bank's own numbers, pulled straight from its quarterly FDIC Call Report.
- $541M
- Total assets
- C
- Health grade · Fair
- 0.33%
- Return on assets
- 11.0%
- Tier 1 capital
Data updated July 2026
The verdict
Milford Federal Bank earns a PlainBankData health grade of C (55/100), with well-capitalized at 11.05% Tier 1, 0.33% ROA, 85% efficiency ratio.
- #1,699
- largest of 4,313 FDIC banks by assets
- 61st
- percentile by asset size, nationally
- 11.05%
- Tier 1 ratio - above the 10% well-capitalized line
- 11th
- percentile for profitability (ROA), nationally
This grade is PlainBankData's own interpretation of the bank's Call Report, not an FDIC rating, deposits here stay federally insured to $250,000 per depositor, per category, regardless of grade.
How Milford Federal Bank's 55/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
Milford Federal Bank's composite health score
Tier 1 Capital Ratio (11.05%) 28/40
Return on Assets (ROA) (0.33%) 7/25
Texas Ratio (3.03%) 20/20
Efficiency Ratio (84.68%) 0/15
55 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$433M
Customer-funded liabilities
Net Loans
$464M
Outstanding loan book
Net Income
$2M
Bottom-line earnings
Capital adequacy vs federal thresholds
Where Milford Federal Bank ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. Milford Federal Bank's score of 55/100 falls in the highlighted band.
Milford Federal Bank's size among FDIC-insured banks
Every one of the 4,307 FDIC-insured banks with reported assets, bucketed by total-asset scale (note the buckets are powers of 10, most banks cluster in the $100M-$1B range). Milford Federal Bank's $541M falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
11.05% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
11.05%
Texas Ratio
3.03%
Equity Capital
$59M
Profitability metrics
Return on Assets (ROA)
11th percentile nationally
0.33%
Return on Equity (ROE)
3.00%
Efficiency Ratio
84.68%
What the numbers say about Milford Federal Bank
Milford Federal Bank is an FDIC-insured institution (Certificate #29835) headquartered in Milford, Massachusetts, established in 1937. It holds $541M in total assets - 1,699th of 4,313 FDIC-insured banks, $433M in customer deposits, and $464M in net loans. On safety, its Tier 1 capital ratio of 11.05% is above the 10% well-capitalized threshold, and its Texas Ratio of 3.03% sits in the healthy range below 50%. It earns a PlainBankData health grade of C (55/100), a composite of Tier 1 capital, ROA, the Texas Ratio, and efficiency. All of it traces back to the bank's own quarterly FDIC Call Report filing.
Within Massachusetts, Milford Federal Bank ranks 70th of 91 FDIC-insured banks by asset size -- a mid-sized institution, neither among the state's largest nor its smallest.
Income & expense breakdown
$23M
Interest Income
$3M
Non-Interest Income
$13M
Non-Interest Expense
Asset quality, Texas Ratio detail
The Texas Ratio compares troubled assets to the capital available to absorb losses. Milford Federal Bank reports a Texas Ratio of 3.03% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.
Texas Ratio
Caution 50%
3.03% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
Top banks in Massachusetts by total assets
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) Milford Federal Bank (FDIC Cert #29835) - Tier 1 capital ratio, total assets, deposits, ROA/ROE · 2025 FDIC Call Reports filed quarterly; latest publicly-available vintage shown. Health grades are PlainBankData's interpretation of regulatory filings and are not official FDIC ratings.
Other banks in Massachusetts
All Massachusetts banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| State Street Bank and Trust CompanyBoston | $360.7B | A | 0.83% |
| Eastern BankBoston | $30.6B | B | 0.39% |
| Rockland Trust CompanyRockland | $24.9B | A | 1.03% |
| Beacon Bank and TrustBrookline | $23.2B | B | 0.63% |
| Salem Five Cents Savings BankSalem | $8.5B | A | 0.89% |
| Cambridge Savings BankCambridge | $6.9B | B | 0.97% |
| Needham BankNeedham | $6.9B | B | 0.90% |
| Middlesex Savings BankNatick | $6.2B | B | 0.54% |
Frequently asked questions
What is Milford Federal Bank's health grade?▼
Milford Federal Bank receives a health grade of C (55/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank meets regulatory minimums but has some areas of financial weakness to monitor.
How large is Milford Federal Bank?▼
Milford Federal Bank holds $541M in total assets and $433M in deposits, ranking 1,699th of 4,313 FDIC-insured banks by asset size. It is headquartered in Milford, Massachusetts.
Is my money safe at Milford Federal Bank?▼
Yes, deposits at Milford Federal Bank (Certificate #29835) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is Milford Federal Bank's Tier 1 Capital Ratio?▼
Milford Federal Bank has a Tier 1 Capital Ratio of 11.05%. This exceeds the 10% threshold for "well-capitalized" status under federal banking regulations.
What is the Texas Ratio for Milford Federal Bank?▼
Milford Federal Bank has a Texas Ratio of 3.03%. A ratio below 50% is generally considered healthy. The Texas Ratio measures non-performing loans against equity and reserves, a higher ratio signals greater exposure to loan losses.
How efficient is Milford Federal Bank?▼
Milford Federal Bank has an Efficiency Ratio of 84.68%. Above 60% means a larger share of revenue goes to operating costs. This metric compares non-interest expenses to total revenue.
What to do with this
How to read Milford Federal Bank's profile as a depositor or analyst.
- Milford Federal Bank's grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare Milford Federal Bank against other Massachusetts banks before moving funds. Massachusetts banks
Not financial advice. Health grades are PlainBankData's interpretation of public FDIC Call Report data, not official FDIC ratings or predictions. Verify the latest figures at the FDIC BankFind Suite.
Every figure on PlainBankData is rendered directly from FDIC federal source data, no number is typed in by an editor. Informational only, not professional advice; consult a qualified professional before acting on it. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of Q4 2025.
Disclaimer: Data from the FDIC BankFind Suite. PlainBankData does not rate or rank banks as investment or safety recommendations. Health grades are informational only, computed from public regulatory filings. Always verify current standing directly with FDIC.gov before making financial decisions.