Company: MGNO
Filing Date: 2025-01-03
Form Type: 10-Q/A
Source: 0000927089-25-000009
Chunk: 42

Company: Magnolia Bancorp, Inc.
Filing Date: 2025-01-03
Form: 10-Q/A
Chunk 42
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                                | 15,363 |     | $   |  1,010 |   |     |    7.04 | %  |     |                                |         43.09 | % |     |               |   66.63 |   |
| (300)                  |     | $                                | 15,252 |     | $   |    899 |   |     |    6.26 | %  |     |                                |         42.34 | % |     |               |   (8.31 | ) |

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| (1) | Assumes an immediate uniform change in interest rates at all maturities. |

| (2) | EVE is the discounted present value of expected cash flows from assets, liabilities and off-balance sheet contracts. |

| (3) | Present value of assets represents the discounted present value of incoming cash flows on interest-earning assets. |

| (4) | EVE Ratio represents EVE divided by the present value of assets. |

The table above indicates that as of September 30, 2024, we would have experienced a 15.38% decrease in EVE in the event of an instantaneous parallel 200 basis point increase in market interest rates and a 7.04% increase in EVE in the event of an instantaneous 200 basis point decrease in market interest rates.

Net Interest Income Analysis. In addition to modeling changes in EVE, we also analyze potential changes to net interest income (“NII”) for a twelve-month period under rising and falling interest rate scenarios. The following table shows our NII model as of September 30, 2024.

| Change in Interest Rates in Basis 
 Points (Rate Shock)               |     | (Dollars in thousands) | Net Interest Income |     |   | $ Change |   |     | % Change |    |
|:----------------------------------|:----|:-----------------------|--------------------:|:----|:--|:---------|:--|:----|:---------|:---|
| 300bp                             |     | $                      |                 963 |     | $ | (58      | ) |     | (5.69    | )% |
| 200                               |     | $                      |                 987 |     | $ | (34      | ) |     | (3.36    | )% |
| 100                               |     | $                      |               1,008 |     | $ | (13