Magnolia State Bank

Eastman, GA
IDRSSD: 204237
Total Assets
$195.43M
Latest filing
Total Deposits
$162.54M
Latest filing
Net Interest Margin
6.30%
Profitability

Locations

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Main Office
Magnolia State Bank
130 Oak St
Eastman, GA 31023
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/02/1919FDIC Certificate 559

Branches (4)

Page 1 of 1
NameAddressCity / State
Magnolia State Bank (Main)130 Oak StEastman, GA
MAGNOLIA STATE BANK -GRAY BRANCH271 W Clinton StGray, GA
2451 NORTH COLUMBIA STREET BRANCH2451 N Columbia StMilledgeville, GA
MAGNOLIA STATE BRANCH100 E Greene StMilledgeville, GA
ATHENS BRANCH2500 Daniells Bridge RoadAthens, GA
Showing 4 of 4

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date01/02/1919
Community BankYes
Ownership TypeNot Mutual
ZIP31023
State and County Number13091
Subchapter S CorporationsYes
Trust PowersN/A
Federal Reserve ID Number06
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictAtlanta
Core Based Statistical Area NameN/A

Operational Info

Number of Employees45
Domestic Offices5
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitehttp://www.bankmsb.com
Data Updated11/14/2025
CERT877
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$195.43M
Total Deposits$162.54M
Total Liabilities$163.81M
Total Equity Capital$31.63M
Net Income$1.23M
Net Loans and Leases$114.26M
Assets Per Employee ($Millions)$4.25M
Bank Premises and Fixed Assets$1.81M
Cash and Balances due from Depository Institutions$23.20M
Deposits Held in Domestic Offices$162.54M

Key Performance Ratios

Return on Assets (ROA)2.51%
Return on Equity (ROE)15.95%
Net Interest Margin6.3%
Efficiency Ratio59.06%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets16.182%
Earning Assets to total Assets91.23%

Income and Expense

Total Interest Income$2.97M
Total Noninterest Income$201.00k
Total Interest Expense$183.00k
Total Noninterest Expense$1.76M
Net Interest Income$2.78M
Pre-tax Net Operating Income$1.22M
Provision for Credit Losses$0
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$104.00k
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$1.27M
Total Liabilities and Capital$195.43M

Securities

Securities$53.97M
Available-for-sale debt securities$53.97M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Magnolia State Bank?
$195.43M as of the latest filing.
How much are Magnolia State Bank's total deposits?
$162.54M in total deposits.
Where is Magnolia State Bank located?
Eastman, GA.
What is the Net Interest Margin?
6.30%.
How many domestic offices does it operate?
5.
When was it established?
01/02/1919.
What is the Return on Assets (ROA)?
2.51%.
How much are total loans and leases?
$114.26M (latest filing).
What is the total interest income (latest filing)?
$2.97M.