Call reports 2019
BANK OF MAGNOLIA COMPANY, THE — 2019
What BANK OF MAGNOLIA COMPANY, THE reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 83,038,000 | 81,921,000 | 81,607,000 | 80,145,000 |
| Total loans | 37,117,000 | 37,938,000 | 38,493,000 | 39,529,000 |
| Allowance for loan losses | 551,000 | 551,000 | 551,000 | 512,000 |
| Securities available for sale | 23,418,000 | 21,970,000 | 20,037,000 | 15,544,000 |
| Securities held to maturity | 2,027,000 | 1,773,000 | 1,769,000 | 1,665,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,705,000 | 70,876,000 | 70,694,000 | 68,554,000 |
| Interest-bearing deposits | 49,423,000 | 51,243,000 | 49,900,000 | 48,032,000 |
| Noninterest-bearing deposits | 23,282,000 | 19,633,000 | 20,794,000 | 20,522,000 |
| Equity capital | 9,502,000 | 9,842,000 | 10,001,000 | 10,019,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 715,000 | 1,466,000 | 2,241,000 | 2,991,000 |
| Interest expense | 23,000 | 60,000 | 102,000 | 144,000 |
| Net interest income | 692,000 | 1,406,000 | 2,139,000 | 2,847,000 |
| Noninterest income | 82,000 | 168,000 | 235,000 | 305,000 |
| Noninterest expense | 520,000 | 1,105,000 | 1,660,000 | 2,362,000 |
| Provision for loan losses | 15,000 | 15,000 | 15,000 | 15,000 |
| Pretax income | 233,000 | 454,000 | 698,000 | 793,000 |
| Income tax | 16,000 | 47,000 | 111,000 | 202,000 |
| Net income | 217,000 | 407,000 | 587,000 | 591,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,353,000 | 9,543,000 | 9,665,000 | 9,664,000 |
| Total capital | 9,877,000 | 10,046,000 | 10,165,000 | 10,176,000 |
| Risk-weighted assets | 41,900,000 | 40,176,000 | 39,924,000 | 41,083,000 |