Financial insights of MGNO

MyFinsight

For the quarter ending 2025-09-30, MGNO made $822K in revenue. -$48K in net income. Net profit margin of -5.84%.

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

Income Statement	2025-09-30	2025-06-30	2025-03-31
Interest and fees on loans	340	334	331
Other	38	62	75
Total interest income	378	396	-
Deposits	47	62	81
Dividends from federal home loan bank stock	-	-	4
Advances	0	0	-
Total interest and dividend income	-	-	410
Total interest expense	47	62	81
Net interest income	331	334	329
Net interest income after provision for credit losses	-	-	329
Service charges on deposit accounts	1	2	2
Rental income	-	-	7
Other income	8	6	-
Total noninterest income	9	8	9
Other general and administrative	-	-	33
Salaries and employee benefits	210	187	188
Occupancy and equipment	31	33	54
Data processing	34	29	21
Audit and regulatory examination fees	41	67	59
General insurance	24	23	-
Legal fees	16	11	-
Advertising	4	17	1
Automobile depreciation and expense	6	6	7
Correspondent charges	4	4	13
Other expenses	30	9	-
Total noninterest expense	400	386	376
Loss before income taxes	-60	-44	-38
Income tax benefit	-12	-8	-8
Net loss	-48	-36	-30

Loss per share - basic and diluted (in dollars per share)	-6	-5	-0.04
Weighted average shares (in shares)	768,440	767,884	767,328