Magnolia Bank is headquartered in Magnolia and is the 34th largest bank in the state of Kentucky. It is also the 1,872nd largest bank in the nation. It was established in 1919 and as of June of 2022, it had grown to 309 employees at 18 locations. Magnolia Bank has an A+ health rating.
Overall | |
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FDIC Certificate # | 8120 |
Year Established | 1919 |
Employees | 309 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.3% |
Return on Equity - YTD | 2.54% |
Annual Interest Income | $5.4MM |
Assets and Liabilities | ||
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Assets | Q2 2022vs Q2 2021 | $452.5MM$474.1MM |
Loans | Q2 2022vs Q2 2021 | $197.4MM$239.2MM |
Deposits | Q2 2022vs Q2 2021 | $376.5MM$388.7MM |
Equity Capital | Q2 2022vs Q2 2021 | $49.2MM$56.5MM |
Loan Loss Allowance | Q2 2022vs Q2 2021 | $3.2MM$3.2MM |
Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $196.00K$222.00K |
Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |
Rates for Magnolia Bank are currently being reviewed.
Magnolia Bank Locations | ||
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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 |