Call reports 2024
BANK OF MAGNOLIA COMPANY, THE — 2024
What BANK OF MAGNOLIA COMPANY, THE reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 102,398,000 | 98,277,000 | 100,983,000 | 100,366,000 |
| Total loans | 56,762,000 | 58,223,000 | 59,495,000 | 60,578,000 |
| Allowance for loan losses | 731,000 | 731,000 | 731,000 | 731,000 |
| Securities available for sale | 24,138,000 | 19,180,000 | 19,602,000 | 18,035,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 90,138,000 | 85,692,000 | 87,769,000 | 87,097,000 |
| Interest-bearing deposits | 58,902,000 | 57,440,000 | 59,258,000 | 56,411,000 |
| Noninterest-bearing deposits | 31,236,000 | 28,252,000 | 28,511,000 | 30,686,000 |
| Equity capital | 11,137,000 | 11,435,000 | 12,132,000 | 12,093,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 1,117,000 | 2,302,000 | 3,539,000 | 4,857,000 |
| Interest expense | 131,000 | 274,000 | 440,000 | 608,000 |
| Net interest income | 986,000 | 2,028,000 | 3,099,000 | 4,249,000 |
| Noninterest income | 83,000 | 169,000 | 261,000 | 357,000 |
| Noninterest expense | 638,000 | 1,408,000 | 2,167,000 | 3,242,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 469,000 | 786,000 | 1,261,000 | 1,502,000 |
| Income tax | 39,000 | 103,000 | 175,000 | 318,000 |
| Net income | 430,000 | 683,000 | 1,086,000 | 1,184,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,181,000 | 12,434,000 | 12,784,000 | 12,876,000 |
| Total capital | 12,881,000 | 13,138,000 | 13,496,000 | 13,586,000 |
| Risk-weighted assets | 55,971,000 | 56,311,000 | 56,947,000 | 56,756,000 |