Magnolia State Bank
Bay Springs, MS
IDRSSD: 34434
Total Assets
$465.61M
Latest filing
Total Deposits
$414.51M
Latest filing
Net Interest Margin
4.07%
Profitability
Key People
Loading leadership data...
Quarterly Trends
Tooltip shows Quarter only. Download buttons export the chart only (CSV/PNG with white background).
Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
Similar banks
Peoples Bank
Mendenhall, Mississippi
→
Assets: $469.44MΔ +0.8%
Citizens Bank
Columbia, Mississippi
→
Assets: $480.86MΔ +3.3%
First Choice Bank
Pontotoc, Mississippi
→
Assets: $498.97MΔ +7.2%
RiverHills Bank
Vicksburg, Mississippi
→
Assets: $426.23MΔ -8.5%
Farmers and Merchants Bank
Baldwyn, Mississippi
→
Assets: $528.13MΔ +13.4%
First Bank
McComb, Mississippi
→
Assets: $541.65MΔ +16.3%
Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 08/04/1975 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 39422 |
| State and County Number | 28061 |
| Subchapter S Corporations | Yes |
| Trust Powers | Trust Powers Not Known |
| Federal Reserve ID Number | 06 |
| Numeric code | 21 |
| Insured by FDIC | Institution closed or not insured by FDIC |
| Federal Reserve District | DALLAS |
| Core Based Statistical Area Name | N/A |
Operational Info
| Number of Employees | 88 |
| Domestic Offices | 8 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 07/01/2025 |
| Date of Deposit Insurance | 08/04/1975 |
| Primary Insurance Agency | DIF |
| Website | www.bankmagnolia.com |
| Data Updated | 2/13/2026 |
| CERT | 22081 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $465.61M |
| Total Deposits | $414.51M |
| Total Liabilities | $420.23M |
| Total Equity Capital | $45.38M |
| Net Income | $-4,356,000 |
| Net Loans and Leases | $354.93M |
| Assets Per Employee ($Millions) | $5.29M |
| Bank Premises and Fixed Assets | $10.38M |
| Cash and Balances due from Depository Institutions | $9.65M |
| Deposits Held in Domestic Offices | $414.51M |
Key Performance Ratios
| Return on Assets (ROA) | -3.69% |
| Return on Equity (ROE) | -36.8% |
| Net Interest Margin | 4.07% |
| Efficiency Ratio | 176.07% |
| Tier 1 Risk-Based Capital Ratio | 13.958% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.36% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 9.747% |
| Earning Assets to total Assets | 94.32% |
Income and Expense
| Total Interest Income | $6.30M |
| Total Noninterest Income | $639.00k |
| Total Interest Expense | $1.78M |
| Total Noninterest Expense | $9.09M |
| Net Interest Income | $4.53M |
| Pre-tax Net Operating Income | $-4,356,000 |
| Provision for Credit Losses | $428.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $547.00k |
| Other borrowed funds | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $34.80M |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $5.72M |
| Total Liabilities and Capital | $465.61M |
Securities
| Securities | $48.48M |
| Available-for-sale debt securities | $46.13M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $2.35M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Magnolia State Bank?
$465.61M as of the latest filing.
How much are Magnolia State Bank's total deposits?
$414.51M in total deposits.
Where is Magnolia State Bank located?
Bay Springs, MS.
What is the Net Interest Margin?
4.07%.
How many domestic offices does it operate?
8.
When was it established?
08/04/1975.
What is the Return on Assets (ROA)?
-3.69%.
How much are total loans and leases?
$354.93M (latest filing).
What is the total interest income (latest filing)?
$6.30M.