Call reports 2024
MAGNOLIA STATE BANK — 2024
What MAGNOLIA STATE BANK 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 | 459,577,000 | 468,020,000 | 463,456,000 | 456,371,000 |
| Total loans | 342,039,000 | 350,703,000 | 347,828,000 | 350,440,000 |
| Allowance for loan losses | 2,855,000 | 3,092,000 | 2,960,000 | 3,002,000 |
| Securities available for sale | 61,639,000 | 59,264,000 | 59,557,000 | 51,875,000 |
| Securities held to maturity | 6,755,000 | 6,754,000 | 3,711,000 | 2,347,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 410,422,000 | 418,147,000 | 411,144,000 | 404,988,000 |
| Interest-bearing deposits | 315,247,000 | 314,436,000 | 307,784,000 | 305,909,000 |
| Noninterest-bearing deposits | 95,175,000 | 103,711,000 | 103,360,000 | 99,079,000 |
| Equity capital | 46,251,000 | 46,952,000 | 49,157,000 | 48,789,000 |
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 | 5,572,000 | 11,426,000 | 17,476,000 | 23,572,000 |
| Interest expense | 1,704,000 | 3,527,000 | 5,436,000 | 7,309,000 |
| Net interest income | 3,868,000 | 7,899,000 | 12,040,000 | 16,263,000 |
| Noninterest income | 654,000 | 1,381,000 | 1,934,000 | 2,717,000 |
| Noninterest expense | 3,128,000 | 6,567,000 | 10,085,000 | 13,928,000 |
| Provision for loan losses | -435,000 | -143,000 | -64,000 | -5,000 |
| Pretax income | 1,394,000 | 2,426,000 | 3,530,000 | 4,622,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,394,000 | 2,426,000 | 3,530,000 | 4,622,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,617,000 | 52,076,000 | 52,574,000 | 53,042,000 |
| Total capital | 54,907,000 | 55,598,000 | 55,958,000 | 56,479,000 |
| Risk-weighted assets | 338,742,000 | 348,785,000 | 344,592,000 | 342,318,000 |