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 Magnolia State Bank
Magnolia State Bank
| RSSD ID 34434 | CERTIFICATE 22081 | ABA NUMBER 65302468 |
| 28 Highway 528 |
Quarter Ended : |
2025-03-31 |
| Bay Springs, Mississippi, 39422 |
Updated : |
2025-04-25 |
| www.bankmagnolia.com |
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| Institution Profile |
| Year Opened : |
1975 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
Yes |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
8 |
Number of Employees : |
89 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 478,752 |
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Total Interest Income | 6,063 |
| Total Liabilities | 429,436 |
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Total NonInterest Income | 655 |
| Total Bank Equity Capital | 49,316 |
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Total Interest Expense | 1,810 |
| Total Deposits | 426,085 |
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Total NonInterest Expense | 5,116 |
| Net Loans & Leases | 347,043 |
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Net Income | (204) |
| Loan Loss Allowance | 2,982 |
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Net Charge Offs | 20 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 56,250 |
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Total loans | 347,475 |
| Total assets for the leverage ratio | 475,802 |
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Loans secured by real estate: | 294,968 |
| Tier 1 Leverage Ratio | 11.1 |
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Commercial and industrial loans | 29,942 |
| Tier 1 Capital Ratio | 15.2 |
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Loans to individuals - Credit Cards | 1,579 |
| Total Capital Ratio | 16.18 |
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Loans to individuals - Other | 16,074 |
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:· Magnolia State Bank
