Call reports 2021
MAGNOLIA BANK, INC — 2021
What MAGNOLIA BANK, INC reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 522,511,000 | 474,135,000 | 461,873,000 | 456,669,000 |
| Total loans | 277,997,000 | 242,424,000 | 235,284,000 | 226,138,000 |
| Allowance for loan losses | 2,986,000 | 3,194,000 | 3,192,000 | 3,188,000 |
| Securities available for sale | 175,884,000 | 141,820,000 | 143,832,000 | 142,721,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 428,725,000 | 388,664,000 | 374,778,000 | 370,657,000 |
| Interest-bearing deposits | 386,459,000 | 343,273,000 | 322,081,000 | 331,643,000 |
| Noninterest-bearing deposits | 42,266,000 | 45,391,000 | 52,697,000 | 39,014,000 |
| Equity capital | 61,104,000 | 56,519,000 | 57,686,000 | 57,253,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 3,706,000 | 6,790,000 | 9,419,000 | 11,980,000 |
| Interest expense | 457,000 | 851,000 | 1,192,000 | 1,495,000 |
| Net interest income | 3,249,000 | 5,939,000 | 8,227,000 | 10,485,000 |
| Noninterest income | 35,487,000 | 55,331,000 | 73,493,000 | 93,397,000 |
| Noninterest expense | 30,762,000 | 52,525,000 | 70,987,000 | 92,985,000 |
| Provision for loan losses | 315,000 | 525,000 | 525,000 | 525,000 |
| Pretax income | 7,659,000 | 8,220,000 | 10,251,000 | 10,415,000 |
| Income tax | 488,000 | 1,003,000 | 1,416,000 | 883,000 |
| Net income | 7,171,000 | 7,217,000 | 8,835,000 | 9,532,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 61,103,000 | 56,519,000 | 57,814,000 | 58,023,000 |