Call reports 2007
MAGNOLIA BANK, INC — 2007
What MAGNOLIA BANK, INC reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 103,793,000 | 104,557,000 | 101,803,000 | 102,064,000 |
| Total loans | 72,934,000 | 76,217,000 | 77,124,000 | 77,454,000 |
| Allowance for loan losses | 814,000 | 741,000 | 754,000 | 775,000 |
| Securities available for sale | 23,533,000 | 20,386,000 | 18,691,000 | 18,206,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 81,613,000 | 84,673,000 | 83,144,000 | 81,608,000 |
| Interest-bearing deposits | 70,076,000 | 70,559,000 | 69,732,000 | 70,980,000 |
| Noninterest-bearing deposits | 11,537,000 | 14,114,000 | 13,412,000 | 10,628,000 |
| Equity capital | 8,357,000 | 8,170,000 | 8,716,000 | 9,031,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,879,000 | 3,766,000 | 5,673,000 | 7,513,000 |
| Interest expense | 939,000 | 1,850,000 | 2,728,000 | 3,568,000 |
| Net interest income | 940,000 | 1,916,000 | 2,945,000 | 3,945,000 |
| Noninterest income | 177,000 | 377,000 | 566,000 | 784,000 |
| Noninterest expense | 821,000 | 1,644,000 | 2,487,000 | 3,309,000 |
| Provision for loan losses | 0 | 0 | 13,000 | 50,000 |
| Pretax income | 296,000 | 603,000 | 961,000 | 915,000 |
| Income tax | -80,000 | -80,000 | -80,000 | -80,000 |
| Net income | 376,000 | 683,000 | 1,041,000 | 995,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,571,000 | 8,766,000 | 9,028,000 | 9,108,000 |
| Total capital | 9,385,000 | 9,507,000 | 9,782,000 | 9,883,000 |
| Risk-weighted assets | 73,532,000 | 76,752,000 | 76,624,000 | 76,603,000 |