Call reports 2008
MAGNOLIA BANK, INC — 2008
What MAGNOLIA BANK, INC reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 111,343,000 | 112,609,000 | 111,555,000 | 113,925,000 |
| Total loans | 80,734,000 | 82,228,000 | 83,125,000 | 84,220,000 |
| Allowance for loan losses | 801,000 | 819,000 | 830,000 | 827,000 |
| Securities available for sale | 20,296,000 | 23,723,000 | 22,247,000 | 22,991,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,844,000 | 83,803,000 | 85,105,000 | 87,319,000 |
| Interest-bearing deposits | 73,628,000 | 73,581,000 | 74,301,000 | 78,168,000 |
| Noninterest-bearing deposits | 12,216,000 | 10,221,000 | 10,804,000 | 9,151,000 |
| Equity capital | 9,269,000 | 9,015,000 | 8,661,000 | 9,326,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,795,000 | 3,607,000 | 5,430,000 | 7,232,000 |
| Interest expense | 794,000 | 1,568,000 | 2,316,000 | 3,031,000 |
| Net interest income | 1,001,000 | 2,039,000 | 3,114,000 | 4,201,000 |
| Noninterest income | 199,000 | 411,000 | 599,000 | 840,000 |
| Noninterest expense | 874,000 | 1,733,000 | 2,636,000 | 3,556,000 |
| Provision for loan losses | 29,000 | 44,000 | 56,000 | 56,000 |
| Pretax income | 291,000 | 573,000 | 398,000 | 806,000 |
| Income tax | 0 | 0 | -1,000 | -1,000 |
| Net income | 291,000 | 573,000 | 399,000 | 807,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,202,000 | 9,329,000 | 9,197,000 | 9,604,000 |
| Total capital | 10,003,000 | 10,148,000 | 10,027,000 | 10,431,000 |
| Risk-weighted assets | 81,631,000 | 83,302,000 | 83,687,000 | 84,708,000 |