Call reports 2015
MAGNA BANK — 2015
What MAGNA BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 |
|---|---|---|
| Total assets | 589,201,000 | 587,884,000 |
| Total loans | 480,031,000 | 480,383,000 |
| Allowance for loan losses | 4,695,000 | 4,716,000 |
| Securities available for sale | 65,011,000 | 61,444,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 451,792,000 | 447,654,000 |
| Interest-bearing deposits | 391,443,000 | 377,007,000 |
| Noninterest-bearing deposits | 60,349,000 | 70,647,000 |
| Equity capital | 70,080,000 | 70,484,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 |
|---|---|---|
| Interest income | 5,371,000 | 10,992,000 |
| Interest expense | 858,000 | 1,713,000 |
| Net interest income | 4,513,000 | 9,279,000 |
| Noninterest income | 3,191,000 | 6,820,000 |
| Noninterest expense | 5,756,000 | 12,450,000 |
| Provision for loan losses | -312,000 | -367,000 |
| Pretax income | 2,260,000 | 4,016,000 |
| Income tax | 847,000 | 1,445,000 |
| Net income | 1,413,000 | 2,571,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 |
|---|---|---|
| Tier 1 capital | 69,745,000 | 70,119,000 |
| Total capital | 74,447,000 | 74,842,000 |
| Risk-weighted assets | 492,685,000 | 465,489,000 |