Magnolia Bancorp, INC
Market Movers (8-K)
OQB
Magnolia Bancorp and its subsidiary Mutual Savings and Loan Association announced a planned leadership transition, with Michael L. Hurley moving to Executive Chair and Robert W. Kimbro appointed as the new President and CEO.
OQB
Magnolia Bancorp, Inc. announced a change in its independent registered public accounting firm, replacing EisnerAmper LLP with Mauldin & Jenkins, LLC for the 2026 fiscal year, following the disclosure of material weaknesses in internal controls.
Worse than expected
OQB
Magnolia Bancorp's Board of Directors approved its inaugural stock repurchase program for up to 4.0% of outstanding common stock, commencing January 15, 2026.
Delay expected
OQB
Magnolia Bancorp, Inc. announced a planned CFO transition and the results of its Annual Meeting of Shareholders, including the election of directors and approval of new compensation plans.
OQB
Magnolia Bancorp, Inc. has amended its bylaws to permit electronic proxy voting for shareholders and announced the date for its 2025 annual meeting.
OQB
Magnolia Bancorp, the holding company for Mutual Savings and Loan Association, has completed its conversion to a stock savings association and initial public offering, with its common stock expected to begin trading on the OTCQB Market on January 15, 2025.
Quarterly Earnings (10-Q)
OQB
Magnolia Bancorp, Inc. reported a net loss of $69,000 for the first quarter of 2026, a decrease from the prior year's loss, driven by increased noninterest expenses.
Worse than expected
OQB
Magnolia Bancorp, Inc. reported an increased net loss for the third quarter and first nine months of 2025, driven by higher public company expenses following its January conversion, despite improved net interest income.
Capital raise
Worse than expected
OQB
Magnolia Bancorp, Inc. reported an increased net loss for the second quarter of 2025, primarily driven by higher non-interest expenses associated with its recent conversion to a public company, despite an improvement in net interest income.
Worse than expected
Capital raise
OQB
Magnolia Bancorp, Inc. reports a net loss of $30,000 for Q1 2025, impacted by increased non-interest expenses and deposit outflows following its conversion from a mutual savings and loan association.
Worse than expected
OQB
Magnolia Bancorp reports a net loss for the third quarter of 2024 as it progresses with its conversion from a mutual to a stock form of organization.
Worse than expected
Capital raise
OQB
Magnolia Bancorp, in its first 10-Q filing, reports a net loss for the third quarter of 2024 as it progresses with its conversion from a mutual savings and loan association to a stock form of organization.
Worse than expected
Capital raise
Annual Reports (10-K)
OQB
Magnolia Bancorp, Inc. reported a net loss for the year ended December 31, 2025, as increased public company expenses offset growth in net interest income following its January 2025 conversion to a stock form and IPO.
Worse than expected
OQB
Magnolia Bancorp reports a net loss for 2024 due to elevated interest rates and increased funding costs, despite completing its conversion to stock form.
Worse than expected
Insider Trading (Form 4)
OQB
Magnolia Bancorp's EVP, Secretary, and CFO, Donice L. Wagner, was granted 1,000 shares of common stock under the company's 2025 Recognition and Retention Plan.
OQB
Magnolia Bancorp Director Jason Manson received a grant of common stock and stock options as part of the company's 2025 Recognition and Retention Plan.
OQB
Magnolia Bancorp Director Robert M. Hurley received grants of 1,667 common shares and 4,168 stock options, vesting annually from November 2026.
OQB
Magnolia Bancorp Director Peyton B. Burkhalter was granted 1,667 shares of common stock and 4,168 stock options as part of the company's 2025 Recognition and Retention Plan.
OQB
Magnolia Bancorp Director John H. Andressen was granted 1,667 shares of common stock and 4,168 stock options as part of the company's 2025 Recognition and Retention Plan.
OQB
Magnolia Bancorp's Chairman, President, and CEO, Michael L. Hurley, was granted 8,337 shares of common stock and 16,675 stock options as part of the company's 2025 Recognition and Retention Plan.
Proxy Statements (Def-14A)
OQB
Magnolia Bancorp announces its 2026 Annual Meeting of Shareholders, detailing proposals for director elections and auditor ratification, alongside corporate governance and executive compensation information.
OQB
Magnolia Bancorp, Inc. announces its Annual Meeting of Shareholders for September 18, 2025, to vote on director elections, new stock plans, auditor ratification, and executive compensation.
Capital raise
New Public Companies (S-1)
OQB
Magnolia Bancorp is offering shares of common stock at $10.00 per share in connection with the conversion of Mutual Savings and Loan Association from the mutual to stock form of organization.
Delay expected
Worse than expected
Capital raise
OQB
Magnolia Bancorp, Inc. is offering shares of common stock for sale at $10.00 per share in connection with the conversion of Mutual Savings and Loan Association from the mutual to stock form of organization.
Worse than expected
Capital raise
OQB
Magnolia Bancorp is set to offer shares of common stock to the public as part of Mutual Savings and Loan Association's conversion from a mutual to a stock form of organization.
Worse than expected
Delay expected
Capital raise
OQB
Magnolia Bancorp is offering shares of common stock at $10.00 per share in connection with the conversion of Mutual Savings and Loan Association from the mutual to stock form of organization.
Worse than expected
Delay expected
Capital raise
Schedule 13G - Passive Investments
OQB
SCHEDULE: Magnolia Bancorp ESOP Discloses 8% Stake
Magnolia Bancorp, Inc. Employee Stock Ownership Plan Trust reported beneficial ownership of 8.0% of the company's common stock as of December 31, 2025.
OQB
The Magnolia Bancorp, Inc. Employee Stock Ownership Plan Trust has filed a Schedule 13G, disclosing beneficial ownership of 8.0% of Magnolia Bancorp, Inc.'s common stock as of March 31, 2025.