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The Bank of Magnolia Company
The Bank of Magnolia Company
RSSD ID 940021 | CERTIFICATE 2300 | ABA NUMBER 41210338 |
122 N Main St |
Quarter Ended : |
2025-03-31 |
Magnolia, Ohio, 44643 |
Updated : |
2025-04-18 |
www.bankofmagnolia.com |
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Institution Profile |
Year Opened : |
1899 |
Institution Type : |
Commercial bank |
Entity Type : |
State |
Federal Regulator : |
FDIC |
Member Federal Reserve : |
No |
S-Corp : |
No |
Fiduciary Powers : |
No |
Powers Exercised : |
No |
Filing Type : |
041 |
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Specialization : |
All Other Under 1 Billion |
Number of Offices : |
3 |
Number of Employees : |
19 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 106,056 |
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Total Interest Income | 1,325 |
Total Liabilities | 93,483 |
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Total NonInterest Income | 79 |
Total Bank Equity Capital | 12,573 |
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Total Interest Expense | 163 |
Total Deposits | 92,472 |
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Total NonInterest Expense | 695 |
Net Loans & Leases | 61,778 |
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Net Income | 426 |
Loan Loss Allowance | 731 |
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Net Charge Offs | 0 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Total capital | 13,968 |
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Total loans | 61,524 |
Total assets for the leverage ratio | 101,471 |
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Loans secured by real estate: | 51,907 |
Tier 1 Leverage Ratio | 13.05 |
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Commercial and industrial loans | 5,611 |
Tier 1 Capital Ratio | 22.62 |
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Loans to individuals - Credit Cards | 0 |
Total Capital Ratio | 23.87 |
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Loans to individuals - Other | 3,282 |
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