Call reports 2020
MAGNOLIA STATE BANK — 2020
What MAGNOLIA STATE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 348,032,000 | 382,873,000 | 375,252,000 | 380,381,000 |
| Total loans | 256,281,000 | 265,193,000 | 264,581,000 | 274,317,000 |
| Allowance for loan losses | 2,147,000 | 2,099,000 | 1,913,000 | 1,943,000 |
| Securities available for sale | 26,722,000 | 25,474,000 | 26,238,000 | 26,909,000 |
| Securities held to maturity | 8,598,000 | 8,908,000 | 8,897,000 | 8,271,000 |
| Trading assets | 7,000 | 5,000 | 5,000 | 13,000 |
| Total deposits | 312,205,000 | 346,424,000 | 338,203,000 | 343,812,000 |
| Interest-bearing deposits | 216,564,000 | 232,716,000 | 232,090,000 | 233,984,000 |
| Noninterest-bearing deposits | 95,641,000 | 113,708,000 | 106,113,000 | 109,828,000 |
| Equity capital | 34,817,000 | 34,923,000 | 35,207,000 | 35,074,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 3,600,000 | 6,883,000 | 10,305,000 | 13,547,000 |
| Interest expense | 636,000 | 1,228,000 | 1,753,000 | 2,236,000 |
| Net interest income | 2,964,000 | 5,655,000 | 8,552,000 | 11,311,000 |
| Noninterest income | 488,000 | 1,070,000 | 1,397,000 | 2,151,000 |
| Noninterest expense | 2,500,000 | 5,009,000 | 7,744,000 | 10,630,000 |
| Provision for loan losses | 0 | 0 | 105,000 | 157,000 |
| Pretax income | 952,000 | 1,716,000 | 2,100,000 | 2,675,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 952,000 | 1,716,000 | 2,100,000 | 2,675,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,996,000 | 33,741,000 | 34,011,000 | 33,833,000 |
| Total capital | 36,143,000 | 35,840,000 | 35,924,000 | 35,776,000 |
| Risk-weighted assets | 257,926,000 | 263,552,000 | 258,611,000 | 264,460,000 |