Call reports 2021
MAGNOLIA STATE BANK — 2021
What MAGNOLIA STATE BANK 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 | 416,356,000 | 413,165,000 | 416,862,000 | 416,112,000 |
| Total loans | 275,085,000 | 283,485,000 | 279,930,000 | 273,720,000 |
| Allowance for loan losses | 2,103,000 | 2,203,000 | 2,742,000 | 2,742,000 |
| Securities available for sale | 30,240,000 | 32,706,000 | 44,470,000 | 66,100,000 |
| Securities held to maturity | 8,271,000 | 8,076,000 | 8,067,000 | 9,421,000 |
| Trading assets | 13,000 | 13,000 | 0 | 0 |
| Total deposits | 380,018,000 | 375,649,000 | 378,048,000 | 378,486,000 |
| Interest-bearing deposits | 249,648,000 | 248,658,000 | 262,918,000 | 267,203,000 |
| Noninterest-bearing deposits | 130,370,000 | 126,991,000 | 115,130,000 | 111,283,000 |
| Equity capital | 35,275,000 | 35,317,000 | 36,678,000 | 36,125,000 |
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 | 3,174,000 | 6,392,000 | 9,637,000 | 12,935,000 |
| Interest expense | 396,000 | 771,000 | 1,114,000 | 1,426,000 |
| Net interest income | 2,778,000 | 5,621,000 | 8,523,000 | 11,509,000 |
| Noninterest income | 777,000 | 1,647,000 | 4,393,000 | 5,158,000 |
| Noninterest expense | 2,628,000 | 5,349,000 | 8,286,000 | 11,354,000 |
| Provision for loan losses | 170,000 | 294,000 | 862,000 | 862,000 |
| Pretax income | 757,000 | 1,625,000 | 3,768,000 | 4,451,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 757,000 | 1,625,000 | 3,768,000 | 4,451,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,362,000 | 34,192,000 | 35,728,000 | 35,548,000 |
| Total capital | 36,465,000 | 36,395,000 | 38,470,000 | 38,290,000 |
| Risk-weighted assets | 274,097,000 | 280,489,000 | 264,801,000 | 286,428,000 |