Call reports 2023
MAGNOLIA STATE BANK — 2023
What MAGNOLIA STATE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 445,632,000 | 441,901,000 | 436,229,000 | 436,626,000 |
| Total loans | 323,205,000 | 324,457,000 | 325,976,000 | 339,407,000 |
| Allowance for loan losses | 3,172,000 | 2,589,000 | 3,371,000 | 3,380,000 |
| Securities available for sale | 70,848,000 | 67,597,000 | 62,035,000 | 63,195,000 |
| Securities held to maturity | 8,947,000 | 8,748,000 | 7,029,000 | 6,755,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 401,097,000 | 397,374,000 | 390,177,000 | 388,824,000 |
| Interest-bearing deposits | 293,438,000 | 290,255,000 | 285,333,000 | 293,754,000 |
| Noninterest-bearing deposits | 107,659,000 | 107,119,000 | 104,844,000 | 95,070,000 |
| Equity capital | 42,356,000 | 42,180,000 | 42,921,000 | 45,609,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 4,478,000 | 9,331,000 | 14,369,000 | 19,680,000 |
| Interest expense | 772,000 | 1,868,000 | 3,144,000 | 4,627,000 |
| Net interest income | 3,706,000 | 7,463,000 | 11,225,000 | 15,053,000 |
| Noninterest income | 647,000 | 1,319,000 | 4,518,000 | 5,508,000 |
| Noninterest expense | 3,062,000 | 6,233,000 | 9,460,000 | 13,494,000 |
| Provision for loan losses | 0 | 0 | 731,000 | 731,000 |
| Pretax income | 1,291,000 | 2,549,000 | 5,552,000 | 6,336,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,291,000 | 2,549,000 | 5,552,000 | 6,336,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,040,000 | 48,623,000 | 50,537,000 | 50,960,000 |
| Total capital | 51,212,000 | 51,212,000 | 53,907,000 | 54,340,000 |
| Risk-weighted assets | 330,290,000 | 327,243,000 | 326,514,000 | 334,105,000 |