Call reports 2004
MAGNOLIA BANK, INC — 2004
What MAGNOLIA BANK, INC reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 81,765,000 | 83,081,000 | 84,809,000 | 85,682,000 |
| Total loans | 44,865,000 | 48,196,000 | 51,295,000 | 52,766,000 |
| Allowance for loan losses | 823,000 | 832,000 | 832,000 | 830,000 |
| Securities available for sale | 31,103,000 | 28,893,000 | 28,082,000 | 25,193,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,103,000 | 61,291,000 | 61,613,000 | 64,471,000 |
| Interest-bearing deposits | 50,907,000 | 51,671,000 | 50,738,000 | 55,813,000 |
| Noninterest-bearing deposits | 8,196,000 | 9,620,000 | 10,876,000 | 8,659,000 |
| Equity capital | 7,223,000 | 6,740,000 | 7,052,000 | 7,105,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,097,000 | 2,208,000 | 3,390,000 | 4,599,000 |
| Interest expense | 473,000 | 922,000 | 1,361,000 | 1,823,000 |
| Net interest income | 624,000 | 1,286,000 | 2,029,000 | 2,776,000 |
| Noninterest income | 116,000 | 251,000 | 417,000 | 590,000 |
| Noninterest expense | 661,000 | 1,321,000 | 2,048,000 | 2,776,000 |
| Provision for loan losses | 0 | 0 | 2,000 | 0 |
| Pretax income | 56,000 | 193,000 | 372,000 | 591,000 |
| Income tax | 18,000 | 63,000 | 123,000 | 135,000 |
| Net income | 38,000 | 130,000 | 249,000 | 456,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,894,000 | 6,931,000 | 6,929,000 | 7,102,000 |
| Total capital | 7,509,000 | 7,584,000 | 7,596,000 | 7,776,000 |
| Risk-weighted assets | 48,995,000 | 52,075,000 | 53,180,000 | 53,800,000 |