Call reports 2002
MAGNOLIA BANK, INC — 2002
What MAGNOLIA BANK, INC reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 82,677,000 | 80,241,000 | 77,041,000 | 73,763,000 |
| Total loans | 41,877,000 | 42,761,000 | 44,255,000 | 43,410,000 |
| Allowance for loan losses | 783,000 | 838,000 | 862,000 | 825,000 |
| Securities available for sale | 34,066,000 | 26,696,000 | 26,559,000 | 25,871,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 62,184,000 | 59,290,000 | 56,631,000 | 53,530,000 |
| Interest-bearing deposits | 56,717,000 | 54,126,000 | 50,836,000 | 48,571,000 |
| Noninterest-bearing deposits | 5,467,000 | 5,165,000 | 5,795,000 | 4,959,000 |
| Equity capital | 6,293,000 | 6,921,000 | 7,133,000 | 7,231,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,334,000 | 2,618,000 | 3,864,000 | 4,983,000 |
| Interest expense | 783,000 | 1,511,000 | 2,182,000 | 2,736,000 |
| Net interest income | 551,000 | 1,107,000 | 1,682,000 | 2,247,000 |
| Noninterest income | 129,000 | 244,000 | 363,000 | 531,000 |
| Noninterest expense | 509,000 | 1,007,000 | 1,543,000 | 2,083,000 |
| Provision for loan losses | 59,000 | 119,000 | 143,000 | 204,000 |
| Pretax income | 266,000 | 480,000 | 747,000 | 934,000 |
| Income tax | 87,000 | 158,000 | 248,000 | 298,000 |
| Net income | 179,000 | 322,000 | 499,000 | 636,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,207,000 | 6,381,000 | 6,572,000 | 6,668,000 |
| Total capital | 6,767,000 | 6,939,000 | 7,139,000 | 7,218,000 |
| Risk-weighted assets | 44,577,000 | 44,742,000 | 45,077,000 | 43,747,000 |