The Bank of Magnolia Company

Magnolia, OH
IDRSSD: 940021
Total Assets
$105.42M
Latest filing
Total Deposits
$91.46M
Latest filing
Net Interest Margin
5.19%
Profitability

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 11/14/2025Established 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 Updated11/14/2025
CERT2300
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$105.42M
Total Deposits$91.46M
Total Liabilities$92.60M
Total Equity Capital$12.82M
Net Income$319.00k
Net Loans and Leases$64.57M
Assets Per Employee ($Millions)$5.55M
Bank Premises and Fixed Assets$990.00k
Cash and Balances due from Depository Institutions$0
Deposits Held in Domestic Offices$91.46M

Key Performance Ratios

Return on Assets (ROA)1.21%
Return on Equity (ROE)10.09%
Net Interest Margin5.19%
Efficiency Ratio63.66%
Tier 1 Risk-Based Capital Ratio22.122%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.03%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets12.16%
Earning Assets to total Assets93.82%

Income and Expense

Total Interest Income$1.46M
Total Noninterest Income$86.00k
Total Interest Expense$185.00k
Total Noninterest Expense$869.00k
Net Interest Income$1.28M
Pre-tax Net Operating Income$488.00k
Provision for Credit Losses$8.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$5.22M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$1.14M
Total Liabilities and Capital$105.42M

Securities

Securities$17.61M
Available-for-sale debt securities$16.94M
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 The Bank of Magnolia Company?
$105.42M as of the latest filing.
How much are The Bank of Magnolia Company's total deposits?
$91.46M in total deposits.
Where is The Bank of Magnolia Company located?
Magnolia, OH.
What is the Net Interest Margin?
5.19%.
How many domestic offices does it operate?
3.
When was it established?
04/19/1899.
What is the Return on Assets (ROA)?
1.21%.
How much are total loans and leases?
$64.57M (latest filing).
What is the total interest income (latest filing)?
$1.46M.