The Bank of Magnolia Company

Magnolia, OH
IDRSSD: 940021
Total Assets
$105.30M
Latest filing
Total Deposits
$91.11M
Latest filing
Net Interest Margin
5.10%
Profitability

Key People

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Locations

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Main Office
The Bank of Magnolia Company
122 N Main St
Magnolia, OH 44643
Full Service - Brick and Mortar
Updated 01/30/2026Established 04/19/1899FDIC Certificate 1520

Branches (2)

Page 1 of 1
NameAddressCity / State
The Bank of Magnolia Company (Main)122 N Main StMagnolia, OH
EAST SPARTA BRANCH10045 Cleveland Ave SeMagnolia, OH
CANTON SOUTH BRANCH3221 Cleveland Ave SCanton, OH
Showing 2 of 2

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 Date04/19/1899
Community BankYes
Ownership TypeNot Mutual
ZIP44643
State and County Number39151
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number04
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictChicago
Core Based Statistical Area NameCanton-Massillon, OH

Operational Info

Number of Employees19
Domestic Offices3
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
Websitewww.bankofmagnolia.com
Data Updated01/30/2026
CERT2300
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$105.30M
Total Deposits$91.11M
Total Liabilities$92.34M
Total Equity Capital$12.96M
Net Income$71.00k
Net Loans and Leases$66.49M
Assets Per Employee ($Millions)$5.54M
Bank Premises and Fixed Assets$966.00k
Cash and Balances due from Depository Institutions$0
Deposits Held in Domestic Offices$91.11M

Key Performance Ratios

Return on Assets (ROA)0.27%
Return on Equity (ROE)2.2%
Net Interest Margin5.1%
Efficiency Ratio89.13%
Tier 1 Risk-Based Capital Ratio21.904%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.35%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets12.305%
Earning Assets to total Assets93.93%

Income and Expense

Total Interest Income$1.46M
Total Noninterest Income$100.00k
Total Interest Expense$195.00k
Total Noninterest Expense$1.21M
Net Interest Income$1.26M
Pre-tax Net Operating Income$57.00k
Provision for Credit Losses$91.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$0
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$4.48M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$1.24M
Total Liabilities and Capital$105.30M

Securities

Securities$15.95M
Available-for-sale debt securities$15.27M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of The Bank of Magnolia Company?
$105.30M as of the latest filing.
How much are The Bank of Magnolia Company's total deposits?
$91.11M in total deposits.
Where is The Bank of Magnolia Company located?
Magnolia, OH.
What is the Net Interest Margin?
5.10%.
How many domestic offices does it operate?
3.
When was it established?
04/19/1899.
What is the Return on Assets (ROA)?
0.27%.
How much are total loans and leases?
$66.49M (latest filing).
What is the total interest income (latest filing)?
$1.46M.