Call reports 2003
MAGNOLIA BANK, INC — 2003
What MAGNOLIA BANK, INC reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 78,536,000 | 79,613,000 | 81,734,000 | 79,816,000 |
| Total loans | 42,307,000 | 43,287,000 | 44,153,000 | 42,523,000 |
| Allowance for loan losses | 857,000 | 837,000 | 850,000 | 815,000 |
| Securities available for sale | 30,003,000 | 29,878,000 | 32,537,000 | 31,652,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,711,000 | 55,314,000 | 55,945,000 | 56,968,000 |
| Interest-bearing deposits | 48,817,000 | 49,188,000 | 49,516,000 | 50,134,000 |
| Noninterest-bearing deposits | 5,894,000 | 6,126,000 | 6,429,000 | 6,834,000 |
| Equity capital | 7,129,000 | 7,240,000 | 7,079,000 | 7,008,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,164,000 | 2,385,000 | 3,438,000 | 4,558,000 |
| Interest expense | 529,000 | 1,036,000 | 1,538,000 | 2,017,000 |
| Net interest income | 635,000 | 1,349,000 | 1,900,000 | 2,541,000 |
| Noninterest income | 117,000 | 276,000 | 439,000 | 591,000 |
| Noninterest expense | 537,000 | 1,196,000 | 1,758,000 | 2,311,000 |
| Provision for loan losses | 36,000 | 56,000 | 56,000 | 51,000 |
| Pretax income | 256,000 | 450,000 | 602,000 | 847,000 |
| Income tax | 84,000 | 148,000 | 199,000 | 280,000 |
| Net income | 172,000 | 302,000 | 403,000 | 567,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,756,000 | 6,780,000 | 6,900,000 | 6,951,000 |
| Total capital | 7,319,000 | 7,360,000 | 7,498,000 | 7,540,000 |
| Risk-weighted assets | 44,784,000 | 46,141,000 | 47,583,000 | 46,902,000 |