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 | 208,657,000 | 209,966,000 | 216,034,000 | 207,971,000 |
| Total loans | 94,998,000 | 93,223,000 | 88,760,000 | 87,552,000 |
| Allowance for loan losses | 1,616,000 | 2,132,000 | 2,134,000 | 2,144,000 |
| Securities available for sale | 99,386,000 | 92,144,000 | 86,717,000 | 62,003,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 184,294,000 | 183,572,000 | 188,474,000 | 180,857,000 |
| Interest-bearing deposits | 94,356,000 | 92,105,000 | 92,223,000 | 94,049,000 |
| Noninterest-bearing deposits | 89,939,000 | 91,467,000 | 96,251,000 | 86,808,000 |
| Equity capital | 22,544,000 | 24,628,000 | 25,745,000 | 25,252,000 |
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 | 2,442,000 | 6,226,000 | 8,852,000 | 11,638,000 |
| Interest expense | 67,000 | 178,000 | 362,000 | 579,000 |
| Net interest income | 2,375,000 | 6,048,000 | 8,490,000 | 11,059,000 |
| Noninterest income | 204,000 | 417,000 | 604,000 | 667,000 |
| Noninterest expense | 1,560,000 | 3,079,000 | 4,728,000 | 6,476,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,019,000 | 3,386,000 | 4,366,000 | 5,250,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,019,000 | 3,386,000 | 4,366,000 | 5,250,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,354,000 | 25,723,000 | 26,702,000 | 25,767,000 |