Magnolia Bank, Incorporated

Popular Accounts at this Bank

APY	ACCOUNT TYPE	HOW THEY COMPARE
1.35%	2-year CD	2.70% - Capital One 24 Month 360 CD
2.70%	18-month CD	1.50% - National Average
2.70%	18-month IRA	1.45% - National Average

View all Magnolia Bank, Incorporated rates »

Overview / Commentary

www.magnoliabank.com

270-358-3111

794 Old Elizabethtown Rd.
Hodgenville, KY 42748

Magnolia Bank, Incorporated is headquartered in Magnolia and is the 63^rd largest bank in the state of Kentucky. It is also the 2,599^th largest bank in the nation. It was established in 1919 and as of September of 2018, it had grown to 300 employees at 6 locations. Magnolia Bank, Incorporated's CD rates are 2X the national average, and it boasts an A+ health rating.

Overall
FDIC Certificate #	8120
Year Established	1919
Employees	300
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.45%
Return on Equity - YTD	14.27%
Annual Interest Income	$7.3MM

Assets and Liabilities
Assets	Q3 2018vs Q3 2017	$235.9MM$210.3MM
Loans	Q3 2018vs Q3 2017	$190.1MM$158.9MM
Deposits	Q3 2018vs Q3 2017	$200.0MM$178.4MM
Equity Capital	Q3 2018vs Q3 2017	$24.7MM$24.0MM
Loan Loss Allowance	Q3 2018vs Q3 2017	$1.3MM$1.5MM
Unbacked Noncurrent Loans	Q3 2018vs Q3 2017	$670.00K$209.00K
Real Estate Owned	Q3 2018vs Q3 2017	$0$0

Rates

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Money Market
Checking
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Magnolia Bank, Incorporated Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.50%	-	-	Young Savings Account
0.20%^*	$50k^*	-	Statement Savings Account
OTHER TIERS: 0.10% → Up to $10k \| 0.15% → $10k - $50k

Magnolia Bank, Incorporated Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.75%^*	$250k^*	-	Magnolia Money Market Account
OTHER TIERS: 0.10% → $2.5k - $50k \| 0.15% → $50k - $100k \| 0.25% → $100k - $250k
0.75%^*	$250k^*	-	Business Money Market Account
OTHER TIERS: 0.10% → $2.5k - $50k \| 0.15% → $50k - $100k \| 0.25% → $100k - $250k

Magnolia Bank, Incorporated Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.20%	$10k	-	Business Sweep Checking
0.10%	-	-	Interest Checking
0.10%	$10k	-	Business Pro Checking
0.05%	$10k	-	Business Plus Checking

Magnolia Bank, Incorporated CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.70%	$500	-	18 Month CD
1.95%	$500	-	12 Month CD
1.45%	$500	-	36 Month CD
1.45%	$500	-	48 Month CD
1.45%	$500	-	60 Month CD
1.35%	$500	-	24 Month CD
1.00%	$100	-	1 Year Student Saver CD
0.50%	$500	-	6 Month CD

Magnolia Bank, Incorporated IRA Rates

APY	MIN	MAX	ACCOUNT NAME
2.70%	$100	-	18 Month IRA
1.95%	$100	-	12 Month IRA
1.45%	$100	-	36 Month IRA
1.45%	$100	-	48 Month IRA
1.45%	$100	-	60 Month IRA
1.35%	$100	-	24 Month IRA
0.50%	$500	-	6 Month IRA

Locations

Magnolia Bank, Incorporated Locations
Parkway Plaza Branch	106 Lincoln Drive	Hodgenville, KY 42748
Magnolia Bank, Incorporated	4910 South L And N Turnpike	Magnolia, KY 42757
Elizabethtown Branch	651 West Dixie Avenue	Elizabethtown, KY 42701
Hodgenville Branch	794 Old Elizabethtown Road	Hodgenville, KY 42748

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