Call reports 2020
MAGNOLIA BANK, INC — 2020
What MAGNOLIA BANK, INC reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 340,276,000 | 367,395,000 | 400,460,000 | 519,757,000 |
| Total loans | 254,076,000 | 291,544,000 | 308,883,000 | 349,356,000 |
| Allowance for loan losses | 2,241,000 | 2,305,000 | 2,340,000 | 2,673,000 |
| Securities available for sale | 25,407,000 | 26,447,000 | 27,270,000 | 76,113,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 243,964,000 | 300,689,000 | 314,089,000 | 431,183,000 |
| Interest-bearing deposits | 208,379,000 | 263,081,000 | 275,020,000 | 394,769,000 |
| Noninterest-bearing deposits | 35,585,000 | 37,608,000 | 39,069,000 | 36,414,000 |
| Equity capital | 30,024,000 | 43,846,000 | 52,100,000 | 56,090,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,888,000 | 6,172,000 | 9,248,000 | 12,529,000 |
| Interest expense | 750,000 | 1,415,000 | 1,933,000 | 2,501,000 |
| Net interest income | 2,138,000 | 4,757,000 | 7,315,000 | 10,028,000 |
| Noninterest income | 21,491,000 | 53,614,000 | 94,179,000 | 131,680,000 |
| Noninterest expense | 21,468,000 | 37,786,000 | 62,571,000 | 92,973,000 |
| Provision for loan losses | 540,000 | 605,000 | 754,000 | 1,069,000 |
| Pretax income | 1,621,000 | 19,980,000 | 38,169,000 | 47,666,000 |
| Income tax | 41,000 | 59,000 | 463,000 | 1,158,000 |
| Net income | 1,580,000 | 19,921,000 | 37,706,000 | 46,508,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,847,000 | 43,348,000 | 51,665,000 | 55,749,000 |