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

Company: Magnolia Bancorp, Inc.
Filing Date: 2025-01-03
Form: 10-Q/A
Chunk 10
---
     - |     |   |     - |     |   |      - |     |   |      - |
| Total                                                             |     | $ |  686 |     | $ | 2,021 |     | $ | 5,455 |     | $ | 5,247 |     | $ | 4,051 |     | $ | 13,394 |     | $ | 30,854 |
| Current period gross write offs                                   |     | $ |    - |     | $ |     - |     | $ |     - |     | $ |     - |     | $ |     - |     | $ |     15 |     | $ |     15 |

<div align='center'>14</div>

2. Loans Receivable (continued)

The following table reflects loans by credit quality indicator and origination year at December 31, 2023 (dollars in thousands):

| Residential real estate:                                          
 Loans Secured by Residential Real Estate Loans - non-construction |     | 2023 |       |     | 2022 |       |     | 2021 |       |     | 2020 |       |     | 2019 |       |     | Prior |        |     | Total |        |
|:------------------------------------------------------------------|:----|:-----|------:|:----|:-----|------:|:----|:-----|------:|:----|:-----|------:|:----|:-----|------:|:----|:------|-------:|:----|:------|-------:|
| Pass/Watch                                                        |     | $    | 1,358 |     | $    | 5,369 |     | $    | 5,430 |     | $    | 4,764 |     | $    | 1,721 |     | $     | 12,312 |     | $     | 30,954 |
| Special Mention                                                   |     |      |     - |     |      |     - |     |      |     - |     |      |     - |     |      |     - |     |       |      - |     |       |      - |
| Classified                                                        |     |      |     - |     |      |     - |     |      |     - |     |      |     - |     |      |     - |     |       |     34 |     |