Overview / Commentary
Milton Savings Bank is headquartered in MILTON and is the 119th largest bank in the state of Pennsylvania. It is also the 4,124th largest bank in the nation. It was established in 1920 and as of June of 2023, it had grown to 14 employees at 1 location. Milton Savings Bank has a B+ health rating.
Health
B+
Data as of Q2 2023
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Milton Savings Bank has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 28637 |
| Year Established | 1920 |
| Employees | 14 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.07% |
| Return on Equity - YTD | -0.4% |
| Annual Interest Income | $1.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $74.7MM$76.3MM |
| Loans | Q2 2023vs Q2 2022 | $40.8MM$38.3MM |
| Deposits | Q2 2023vs Q2 2022 | $56.4MM$59.0MM |
| Equity Capital | Q2 2023vs Q2 2022 | $13.0MM$13.0MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $400.00K$727.00K |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $0$161.00K |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |