Magnolia State Bank is a Commercial bank, state charter, Fed non-member, supervised by the Federal Deposit Insurance Corporation (FDIC) based in Bay Springs, Mississippi, established in 08/04/1975. Operating with a focus on Commercial Lending Specialization, it offers a broad range of financial services across its 8 domestic offices and 0 foreign offices. As of the last update on 04/12/2024, Magnolia State Bank reported total assets of $436,626 and manages deposits totaling $388,824 from its domestic operations. This institution is recognized for its commitment to stability and growth, reflected in a net income of $784 thousands last year. For more details, visit their website at www.bankmagnolia.com.
Bank Information:
- Bank Name: Magnolia State Bank
- Address: 28 Highway 528, Bay Springs, Jasper, MS, 39422
- Website: www.bankmagnolia.com
Classification and Operations:
- State: Mississippi
- Institution Class: Commercial bank, state charter, Fed non-member, supervised by the Federal Deposit Insurance Corporation (FDIC)
- Bank Class: State commercial bank, not FRS member
- Specialization: Commercial Lending Specialization
- Regulatory Reporting Form Number:
Bank Office and Assets:
- Number of Domestic Offices: 8
- Number of Foreign Offices: 0
- Total Assets: $436,626
- Total Deposits: $388,824
- Domestic Office Deposits: $388,824
Financial Data:
- Net Income (Attributable to Bank): $784
Establishment and Record:
- Established Date: 08/04/1975
- Last Recorded Data on: 04/12/2024