Call reports 2023
MAGNOLIA BANK, INC — 2023
What MAGNOLIA BANK, INC reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 431,456,000 | 428,981,000 | 466,303,000 | 478,230,000 |
| Total loans | 231,499,000 | 232,561,000 | 282,676,000 | 302,146,000 |
| Allowance for loan losses | 3,773,000 | 3,998,000 | 5,185,000 | 4,237,000 |
| Securities available for sale | 145,957,000 | 143,433,000 | 140,515,000 | 143,375,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 383,047,000 | 383,411,000 | 402,197,000 | 398,280,000 |
| Interest-bearing deposits | 340,591,000 | 335,224,000 | 347,048,000 | 349,398,000 |
| Noninterest-bearing deposits | 42,456,000 | 48,187,000 | 55,149,000 | 48,882,000 |
| Equity capital | 41,567,000 | 39,310,000 | 36,881,000 | 42,010,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 4,295,000 | 8,891,000 | 14,032,000 | 19,783,000 |
| Interest expense | 1,594,000 | 2,898,000 | 4,604,000 | 6,828,000 |
| Net interest income | 2,701,000 | 5,993,000 | 9,428,000 | 12,955,000 |
| Noninterest income | 7,035,000 | 13,020,000 | 20,202,000 | 27,263,000 |
| Noninterest expense | 9,761,000 | 19,685,000 | 29,824,000 | 40,051,000 |
| Provision for loan losses | 11,000 | 241,000 | 1,429,000 | 485,000 |
| Pretax income | -209,000 | -1,086,000 | -1,796,000 | -491,000 |
| Income tax | -57,000 | 0 | 85,000 | 162,000 |
| Net income | -152,000 | -1,086,000 | -1,881,000 | -653,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 49,897,000 | 49,675,000 | 49,158,000 | 50,162,000 |