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 | 203,800,000 | 202,147,000 | 198,916,000 | 195,454,000 |
| Total loans | 90,062,000 | 95,682,000 | 103,098,000 | 103,301,000 |
| Allowance for loan losses | 2,192,000 | 2,226,000 | 2,219,000 | 2,188,000 |
| Securities available for sale | 58,254,000 | 52,713,000 | 57,041,000 | 62,909,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 175,381,000 | 173,089,000 | 167,889,000 | 166,497,000 |
| Interest-bearing deposits | 92,847,000 | 90,599,000 | 88,592,000 | 87,969,000 |
| Noninterest-bearing deposits | 82,534,000 | 82,490,000 | 79,297,000 | 78,528,000 |
| Equity capital | 26,544,000 | 27,399,000 | 29,341,000 | 27,320,000 |
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 | 2,782,000 | 6,013,000 | 9,031,000 | 12,199,000 |
| Interest expense | 226,000 | 445,000 | 676,000 | 904,000 |
| Net interest income | 2,556,000 | 5,568,000 | 8,355,000 | 11,295,000 |
| Noninterest income | 203,000 | 380,000 | 557,000 | 738,000 |
| Noninterest expense | 1,509,000 | 3,107,000 | 4,757,000 | 6,712,000 |
| Provision for loan losses | -77,000 | -172,000 | -172,000 | -172,000 |
| Pretax income | 1,327,000 | 3,013,000 | 4,327,000 | 5,493,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,327,000 | 3,013,000 | 4,327,000 | 5,493,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,094,000 | 27,908,000 | 29,222,000 | 27,585,000 |