MGNOMagnolia Bancorp, Inc.

About Magnolia Bancorp, Inc. (MGNO)

Magnolia Bancorp, Inc. (MGNO) is a N/A company headquartered in Metairie, LA, United States whose shares trade over-the-counter on the OTCQB tier.

Magnolia Bancorp, a Louisiana corporation, is the holding company for Mutual Savings and Loan Association. Mutual Savings is a federally-chartered mutual savings and loan association that serves the banking needs of customers in its market area, which primarily consists of Jefferson and St. Tammany Parishes in Louisiana. Mutual Savings operates from its headquarters and main banking office in Metairie, Louisiana, as well as one additional full service branch office located in St. Tammany Parish on the north shore of Lake Pontchartrain in Mandeville, Louisiana. Our primary business activity is attracting deposits from the general public and using those funds primarily to originate one- to four-family residential loans, residential construction loans and home equity lines of credit.

Products and services

Our loan portfolio consists primarily of fixed-rate one-to four-family residential mortgage loans. We also originate residential construction loans and, to a substantially lesser extent, home equity loans, home equity lines of credit and share loans. We typically retain in our portfolio the loans we originate.

MGNO key facts

Ticker symbol

MGNO

Market tier

OTCQB

Headquarters

Metairie, LA, United States

Country of incorporation

US

Year of incorporation

2024

Employees

8

Estimated market cap

$9.07M (as of Apr 16, 2025)

Shares outstanding

833,750

Reporting standard

U.S. Reporting: SEC Reporting

Audit status

Audited

Fiscal year end

12/31

Magnolia Bancorp, Inc. leadership

• Michael Lee Hurley — President, CEO
• Anita Cancienne Cambre — Vice President, CFO
• Eric Michael Marion — Counsel
• Jerry Heupel — Counsel

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