Call reports 2021
BANK OF MAGNOLIA COMPANY, THE — 2021
What BANK OF MAGNOLIA COMPANY, THE reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 99,415,000 | 95,858,000 | 100,187,000 | 97,958,000 |
| Total loans | 46,802,000 | 46,114,000 | 43,322,000 | 42,474,000 |
| Allowance for loan losses | 600,000 | 600,000 | 600,000 | 660,000 |
| Securities available for sale | 20,460,000 | 26,833,000 | 29,305,000 | 31,216,000 |
| Securities held to maturity | 464,000 | 463,000 | 462,000 | 201,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,651,000 | 83,963,000 | 88,032,000 | 86,035,000 |
| Interest-bearing deposits | 56,254,000 | 54,740,000 | 58,649,000 | 54,827,000 |
| Noninterest-bearing deposits | 31,397,000 | 29,223,000 | 29,383,000 | 31,208,000 |
| Equity capital | 10,753,000 | 10,815,000 | 11,127,000 | 10,893,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 682,000 | 1,380,000 | 2,280,000 | 2,915,000 |
| Interest expense | 9,000 | 18,000 | 26,000 | 33,000 |
| Net interest income | 673,000 | 1,362,000 | 2,254,000 | 2,882,000 |
| Noninterest income | 110,000 | 183,000 | 307,000 | 420,000 |
| Noninterest expense | 552,000 | 1,177,000 | 1,775,000 | 2,523,000 |
| Provision for loan losses | 0 | 0 | 0 | 60,000 |
| Pretax income | 364,000 | 444,000 | 908,000 | 827,000 |
| Income tax | 35,000 | 63,000 | 120,000 | 102,000 |
| Net income | 329,000 | 381,000 | 788,000 | 725,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,620,000 | 10,739,000 | 11,005,000 | 10,940,000 |
| Total capital | 11,158,000 | 11,284,000 | 11,534,000 | 11,482,000 |
| Risk-weighted assets | 43,015,000 | 43,531,000 | 42,278,000 | 43,279,000 |