Company: MGNO
Filing Date: 2025-01-03
Form Type: 10-Q/A
Source: 0000927089-25-000009
Chunk: 29

Company: Magnolia Bancorp, Inc.
Filing Date: 2025-01-03
Form: 10-Q/A
Chunk 29
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     |                                          |    697 |     |          |     |     |         |        |   |     |         |    619 |     |          |     |     |         |        |   |
| Total liabilities                                                       |     |                                          | 21,818 |     |          |     |     |         |        |   |     |         | 23,144 |     |          |     |     |         |        |   |
| Retained earnings                                                       |     |                                          | 13,987 |     |          |     |     |         |        |   |     |         | 14,016 |     |          |     |     |         |        |   |
| Total liabilities and retained earnings                                 |     |                                          | 35,805 |     |          |     |     |         |        |   |     |         | 37,160 |     |          |     |     |         |        |   |
| Net interest-earning assets                                             |     | $                                        | 12,624 |     |          |     |     |         |        |   |     | $       | 13,047 |     |          |     |     |         |        |   |
| Net interest income; average interest rate spread                       |     |                                          |        |     | $        | 261 |     |         |   2.33 | % |     |         |        |     | $        | 320 |     |         |   3.26 | % |
| Net interest margin(4)                                                  |     |                                          |        |     |          |     |     |         |   3.09 | % |     |         |        |     |          |     |     |         |   3.60 | % |
| Average interest-earning assets to average interest-bearing liabilities |     |                                          |        |     |          |     |     |         | 159.77 | % |     |         |        |     |          |     |     |         | 157.92 | % |

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| (1) | Includes nonaccrual loans during the respective periods. Calculated net of deferred fees and discounts, loans in process and allowance for credit losses. |

| (2) | Includes FHLB Stock. |

| (3) | Includes non-interest-bearing NOW amounts, which amounted to $1,045,300 at September 30,