Company: MGNO
Filing Date: 2025-01-03
Form Type: 10-Q/A
Source: 0000927089-25-000009
Chunk: 9

Company: Magnolia Bancorp, Inc.
Filing Date: 2025-01-03
Form: 10-Q/A
Chunk 9
---
:|:----|:----------------|:--|:----|:------------|---:|:----|:---------|:--|:----|:------|-------:|
| Real estate loans |     |             |        |     |                 |   |     |             |    |     |          |   |     |       |        |
| Residential       |     | $           | 30,954 |     | $               | - |     | $           | 34 |     | $        | - |     | $     | 30,988 |
| Construction      |     |             |     18 |     |                 | - |     |             |  - |     |          | - |     |       |     18 |
| Commercial        |     |             |    707 |     |                 | - |     |             |  - |     |          | - |     |       |    707 |
| Share Loans       |     |             |    326 |     |                 | - |     |             |  - |     |          | - |     |       |    326 |
| Total             |     | $           | 32,005 |     | $               | - |     | $           | 34 |     | $        | - |     | $     | 32,039 |

<div align='center'>13</div>

2. Loans Receivable (continued)

The following table reflects loans by credit quality indicator and origination year at September 30, 2024 (dollars in thousands):

| September 30, 2024                                                |     |   | 2024 |     |   |  2023 |     |   |  2022 |     |   |  2021 |     |   |  2020 |     |   |  Prior |     |   |  Total |
|:------------------------------------------------------------------|:----|:--|-----:|:----|:--|------:|:----|:--|------:|:----|:--|------:|:----|:--|------:|:----|:--|-------:|:----|:--|-------:|
| Residential real estate:                                          |     |   |      |     |   |       |     |   |       |     |   |       |     |   |       |     |   |        |     |   |        |