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Call reports 2016

MAGNOLIA BANK, INC — 2016

What MAGNOLIA BANK, INC reported to the FFIEC in 2016, quarter by quarter.

PERIOD: 2016SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/9d80a1c4-e30d-4c68-8a5a-e39bf445457f/2016

Balance sheet

What the bank holds and owes at quarter end

Measure2016Q12016Q22016Q32016Q4
Total assets178,635,000200,571,000198,565,000195,406,000
Total loans138,356,000157,434,000152,823,000147,630,000
Allowance for loan losses1,342,0001,339,0001,321,0001,307,000
Securities available for sale23,276,00023,616,00019,243,00023,740,000
Securities held to maturity0000
Trading assets0000
Total deposits141,899,000164,500,000162,162,000161,955,000
Interest-bearing deposits111,497,000128,212,000126,801,000127,062,000
Noninterest-bearing deposits30,402,00036,288,00035,361,00034,893,000
Equity capital20,046,00019,656,00021,862,00022,452,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2016Q12016Q22016Q32016Q4
Interest income1,687,0003,569,0005,539,0007,449,000
Interest expense279,000574,000892,0001,213,000
Net interest income1,408,0002,995,0004,647,0006,236,000
Noninterest income3,248,0006,815,00011,918,00018,098,000
Noninterest expense4,223,0009,270,00013,447,00018,766,000
Provision for loan losses13,00025,00038,00050,000
Pretax income420,000515,0003,080,0005,518,000
Income tax8,00027,00035,00034,000
Net income412,000488,0003,045,0005,484,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2016Q12016Q22016Q32016Q4
Tier 1 capital18,306,00017,501,00019,218,00022,402,000
Total capital19,648,00018,840,00020,539,00023,709,000
Risk-weighted assets150,664,000160,198,000131,005,000132,473,000