Call reports 2016
BANK OF MAGNOLIA COMPANY, THE — 2016
What BANK OF MAGNOLIA COMPANY, THE reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 78,934,000 | 81,565,000 | 83,852,000 | 84,388,000 |
| Total loans | 32,239,000 | 32,721,000 | 33,790,000 | 32,958,000 |
| Allowance for loan losses | 451,000 | 469,000 | 481,000 | 462,000 |
| Securities available for sale | 24,665,000 | 26,884,000 | 27,601,000 | 28,353,000 |
| Securities held to maturity | 8,662,000 | 8,153,000 | 7,193,000 | 6,686,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,962,000 | 71,322,000 | 73,592,000 | 74,474,000 |
| Interest-bearing deposits | 51,290,000 | 51,529,000 | 54,074,000 | 53,705,000 |
| Noninterest-bearing deposits | 17,672,000 | 19,793,000 | 19,518,000 | 20,769,000 |
| Equity capital | 9,079,000 | 9,262,000 | 9,349,000 | 9,169,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 576,000 | 1,153,000 | 1,755,000 | 2,344,000 |
| Interest expense | 14,000 | 30,000 | 51,000 | 72,000 |
| Net interest income | 562,000 | 1,123,000 | 1,704,000 | 2,272,000 |
| Noninterest income | 86,000 | 180,000 | 259,000 | 336,000 |
| Noninterest expense | 509,000 | 1,046,000 | 1,558,000 | 2,182,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 124,000 | 227,000 | 472,000 | 749,000 |
| Income tax | 5,000 | 1,000 | -3,000 | 80,000 |
| Net income | 119,000 | 226,000 | 475,000 | 669,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,637,000 | 8,744,000 | 8,936,000 | 9,129,000 |
| Total capital | 9,088,000 | 9,213,000 | 9,417,000 | 9,591,000 |
| Risk-weighted assets | 44,380,000 | 44,962,000 | 44,931,000 | 43,818,000 |