Financial insights of MGNO

MyFinsight

Income Statement	2025-12-31	2024-12-31
Net interest income after provision for credit losses	NaN	1,068
Service charges on deposit accounts	6	9
Rental income	NaN	24
Other income	28	2
Total noninterest income	34	35
Interest and fees on loans	1,354	1,337
Other	222	102
Total interest income	1,576	NaN
Deposits	240	364
Dividends from federal home loan bank stock	NaN	19
Advances	0	26
Total interest and dividend income	NaN	1,458
Total interest expense	240	390
Net interest income	1,336	1,068
Other general and administrative	NaN	16
Salaries and employee benefits	805	767
Occupancy and equipment	125	204
Data processing	126	97
Audit and regulatory examination fees	215	78
General insurance	88	NaN
Legal fees	61	NaN
Advertising	24	3
Automobile depreciation and expense	25	24
Correspondent charges	18	41
Other expenses	74	NaN
Total noninterest expense	1,561	1,230
Loss before income taxes	-191	-127
Income tax benefit	-21	-27
Net loss	-170	-100

Basic EPS	-22	NaN
Basic Average Shares	768,996	NaN

Unit: Thousand (K) dollars (except for numbers of shares and EPS).