Call reports 2018
BANK OF MAGNOLIA COMPANY, THE — 2018
What BANK OF MAGNOLIA COMPANY, THE reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 78,012,000 | 81,734,000 | 84,818,000 | 82,284,000 |
| Total loans | 33,861,000 | 35,278,000 | 35,905,000 | 36,795,000 |
| Allowance for loan losses | 501,000 | 516,000 | 498,000 | 536,000 |
| Securities available for sale | 25,738,000 | 27,339,000 | 27,991,000 | 26,685,000 |
| Securities held to maturity | 2,794,000 | 2,790,000 | 2,536,000 | 2,281,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 67,915,000 | 72,100,000 | 75,051,000 | 72,280,000 |
| Interest-bearing deposits | 48,293,000 | 51,436,000 | 52,531,000 | 49,888,000 |
| Noninterest-bearing deposits | 19,622,000 | 20,664,000 | 22,520,000 | 22,392,000 |
| Equity capital | 9,425,000 | 8,909,000 | 9,040,000 | 9,161,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 589,000 | 1,236,000 | 1,933,000 | 2,653,000 |
| Interest expense | 17,000 | 37,000 | 59,000 | 81,000 |
| Net interest income | 572,000 | 1,199,000 | 1,874,000 | 2,572,000 |
| Noninterest income | 103,000 | 214,000 | 310,000 | 406,000 |
| Noninterest expense | 493,000 | 1,028,000 | 1,548,000 | 2,207,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 165,000 | 353,000 | 589,000 | 710,000 |
| Income tax | -13,000 | 3,000 | 18,000 | 9,000 |
| Net income | 178,000 | 350,000 | 571,000 | 701,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,429,000 | 8,904,000 | 9,067,000 | 9,193,000 |
| Total capital | 9,930,000 | 9,420,000 | 9,565,000 | 9,729,000 |
| Risk-weighted assets | 41,386,000 | 43,192,000 | 43,570,000 | 43,469,000 |