Overview / Commentary
Magnolia State Bank (GA) is headquartered in Eastman and is the 92nd largest bank in the state of Georgia. It is also the 3,109th largest bank in the nation. It was established in 1919 and as of September of 2021, it had grown to 48 employees at 4 locations. Magnolia State Bank (GA) has a B+ health rating.
Reviews (1)
Bank Of Eastman Online Banking
Posted by: lsabia37 | Sep 12, 2011
The Bank Of Eastman's online banking is never up to date. My account is still showing the same thing after a week when I know there has been transactions. The Bank Of Eastman really needs to update their software or something. It's 2011, there is no reason why this bank can't do better for their customers.
Health
B+
Data as of Q3 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 877 |
| Year Established | 1919 |
| Employees | 48 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.04% |
| Return on Equity - YTD | 9.66% |
| Annual Interest Income | $5.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2021vs Q3 2020 | $203.9MM$177.5MM |
| Loans | Q3 2021vs Q3 2020 | $100.2MM$118.1MM |
| Deposits | Q3 2021vs Q3 2020 | $181.7MM$156.8MM |
| Equity Capital | Q3 2021vs Q3 2020 | $22.0MM$20.4MM |
| Loan Loss Allowance | Q3 2021vs Q3 2020 | $1.5MM$1.3MM |
| Unbacked Noncurrent Loans | Q3 2021vs Q3 2020 | $2.8MM$2.9MM |
| Real Estate Owned | Q3 2021vs Q3 2020 | $2.1MM$4.1MM |