Magnolia Bancorp, Inc. (MGNO)

Magnolia Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Interest Income on Loans	1.33	1.34	1.32	1.3
Interest Income on Investments	0.18	0.12	0.16	0.12
Total Interest Income	1.51	1.46	1.48	1.42
Interest Paid on Deposits	0.37	0.36	0.15	0.05
Interest Paid on Borrowings	0.01	0.03	0.02	-
Total Interest Expense	0.38	0.39	0.16	0.05
Net Interest Income	1.13	1.07	1.32	1.36
Net Interest Income Growth (YoY)	-8.93%	-19.27%	-3.04%	-
Other Non-Interest Income	0.03	0.03	0.03	0.05
Total Non-Interest Income	0.04	0.04	0.04	0.06
Non-Interest Income Growth (YoY)	-4.46%	-2.78%	-40.39%	-
Revenue	1.16	1.1	1.36	1.42
Revenue Growth (YoY)	-8.80%	-18.84%	-4.62%	-
Salaries and Employee Benefits	0.76	0.77	0.8	0.83
Occupancy Expenses	0.23	0.23	0.24	0.25
Selling, General & Administrative	0.27	0.19	0.17	0.21
Other Non-Interest Expense	0.04	0.04	0.04	0.07
Total Non-Interest Expense	1.3	1.23	1.25	1.36
EBT Excluding Unusual Items	-0.14	-0.13	0.11	0.06
Other Unusual Items	-	-	-	-0.07
Pretax Income	-0.14	-0.13	0.11	-0.01
Income Tax Expense	-0.03	-0.03	0.02	-0
Net Income	-0.11	-0.1	0.09	-0.01
Net Income to Common	-0.11	-0.1	0.09	-0.01
Basic Shares Outstanding	1	1	-	-
Diluted Shares Outstanding	1	1	-	-
EPS (Basic)	-0.15	-0.12	-	-
EPS (Diluted)	-0.15	-0.12	-	-
Effective Tax Rate	-	-	21.10%	-

Source: S&P Global Market Intelligence. Banks template. Financial Sources.