Welcome to our dedicated page for Magnolia Bancorp SEC filings (Ticker: MGNO), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Magnolia Bancorp, Inc. (MGNO) SEC filings page on Stock Titan provides direct access to the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. Magnolia Bancorp, Inc., a Louisiana corporation and parent of Mutual Savings and Loan Association, reports material events through current reports on Form 8-K, identified under Commission File Number 333-281796.
In these filings, the company describes significant corporate actions such as the approval of its first stock repurchase program, the structure and purpose of its 2025 Recognition and Retention Plan and Trust Agreement, and the granting and vesting schedule of plan share awards. The filings also detail Magnolia Bancorp, Inc.’s entry into a Rule 10b5-1 plan with Keefe, Bruyette & Woods, Inc., which is tied to purchases of the company’s stock in compliance with Rule 10b-18 under the Securities Exchange Act of 1934.
Magnolia Bancorp, Inc. uses Form 8-K to disclose executive officer changes, including the voluntary resignation of its prior Vice President, Chief Financial Officer and Secretary and the appointment of a new Executive Vice President, Chief Financial Officer and Secretary. The filings outline the termination of an employment agreement, confirm the absence of related-party arrangements, and summarize the new officer’s professional background.
The company’s filings also report the results of Annual Meetings of Shareholders, including votes on director elections, adoption of a 2025 Stock Option Plan, adoption of the 2025 Recognition and Retention Plan and Trust Agreement, ratification of the independent registered public accounting firm for the year ending December 31, 2025, and advisory resolutions on executive compensation and voting frequency. Stock Titan’s platform surfaces these documents with AI-powered summaries that help explain the key points in each 8-K, highlight important exhibits such as employment agreement terminations, and make it easier to understand how Magnolia Bancorp, Inc. addresses governance, compensation, and capital management in its official reports.
Magnolia Bancorp, Inc., holding company for Mutual Savings and Loan Association, completed its mutual-to-stock conversion and initial public offering in January 2025, issuing 833,750 shares for $8.3 million with net proceeds of about $6.9 million. At December 31, 2025, assets were $37.4 million, down 14.9% from 2024, as cash and deposits declined following the offering and runoff of higher-rate certificates of deposit.
Net loans were $30.7 million and the portfolio remained heavily concentrated in fixed-rate one-to-four family residential mortgages, including $22.7 million of bi-weekly loans that accelerate principal repayment. Non-performing assets were low at $136,000, or 0.4% of total assets, and the allowance for credit losses was $185,000, or 0.6% of total loans.
The company recorded a net loss of approximately $170,000 in 2025 as public-company and compensation costs rose faster than net interest income. Deposits fell 42.9% to $16.8 million, largely due to offering-related withdrawals, while Magnolia maintains strong regulatory capital and emerging growth company status with a focused community banking strategy in Jefferson and St. Tammany Parishes.
Magnolia Bancorp, Inc. Employee Stock Ownership Plan Trust reports beneficial ownership of 8.0% of common stock, holding 66,700 shares as of December 31, 2025. The filing cites 833,750 shares issued and outstanding as of that date. The Trust holds 64,476.67 shares with sole voting and dispositive power and 2,223.33 shares with shared voting and dispositive power that are committed for allocation to participants. The Plan Trustee is Jason L. Manson, who signed the amendment and disclaims beneficial ownership under Rule 13d-4.
Magnolia Bancorp, Inc. has decided not to re-hire EisnerAmper LLP as its independent registered public accounting firm for calendar 2026, although EisnerAmper will complete the audit of the 2025 consolidated financial statements. The change was approved by the Audit Committee of the Board of Directors.
EisnerAmper’s prior reports on the Association’s 2023 and 2024 financial statements did not contain adverse or disclaimed opinions and were not qualified for uncertainty, scope, or accounting principles. The filing states there were no disagreements or reportable events with EisnerAmper, other than previously disclosed material weaknesses in internal control over financial reporting as of December 31, 2024 and 2023.
The company has selected Mauldin & Jenkins, LLC to serve as independent auditor for the year ending December 31, 2026, with the appointment becoming effective after completion of client acceptance procedures and an engagement letter. The filing includes a letter from EisnerAmper to the SEC confirming its position.
Magnolia Bancorp, Inc. announced that its board approved the company’s first stock repurchase program, authorizing the buyback of up to 33,350 shares, which equals 4.0% of its outstanding common stock. Repurchases may occur from time to time in open market or privately negotiated transactions and are scheduled to begin on January 15, 2026, following the one-year anniversary of the mutual-to-stock conversion of its subsidiary, Mutual Savings and Loan Association.
The company plans to use the repurchased shares to fund its 2025 Recognition and Retention Plan and Trust Agreement. Under this plan, the compensation committee granted share awards covering 16,280 shares of common stock on November 20, 2025, with the first vesting date on November 20, 2026. Magnolia Bancorp also entered into a Rule 10b5-1 trading plan with Keefe, Bruyette & Woods, Inc., which will conduct open market purchases in accordance with Rule 10b-18 under the Securities Exchange Act.
Magnolia Bancorp, Inc. (MGNO) reported an insider stock grant to its EVP, Secretary and CFO, Donice L. Wagner, on a Form 4. On November 20, 2025, Wagner received 1,000 shares of Magnolia Bancorp common stock at a stated price of $0, recorded as an acquisition of non-derivative securities held directly.
The filing explains that these 1,000 shares were granted under the company’s 2025 Recognition and Retention Plan and Trust Agreement and are scheduled to vest 20% per year starting on November 20, 2026. Following this grant, Wagner is shown as beneficially owning 1,000 common shares directly.
Magnolia Bancorp, Inc. (MGNO) reported an equity grant to director Jason L. Manson on a Form 4. On November 20, 2025, he received 1,667 shares of common stock under the company’s 2025 Recognition and Retention Plan, which vest 20% per year starting November 20, 2026. He also received a stock option for 4,168 shares of common stock at an exercise price of $11.19 per share, vesting 20% per year beginning November 20, 2026 and expiring November 20, 2035. Following these transactions, he holds 1,667 shares directly, 5,000 shares indirectly through an IRA, and 4,168 options.
Magnolia Bancorp, Inc. (MGNO) reported an equity award grant to a director. On November 20, 2025, the reporting person received 1,667 shares of Magnolia Bancorp common stock at a price of $0, issued under the company’s 2025 Recognition and Retention Plan. After this grant, the director beneficially owned 6,667 common shares directly.
The same day, the director was also granted a stock option to buy 4,168 shares of common stock at an exercise price of $11.19 per share. These options are exercisable from November 20, 2026 and expire on November 20, 2035. Both the restricted shares and the options vest in 20% increments per year starting November 20, 2026, tying the director’s compensation to the company’s long-term performance.
Magnolia Bancorp, Inc. (MGNO) filed a Form 4 reporting equity awards to a director. On 11/20/2025, the director received 1,667 shares of common stock at a price of $0, increasing direct beneficial ownership to 6,667 shares.
The filing also reports the grant of a stock option for 4,168 shares of common stock at an exercise price of $11.19. Both the restricted shares and the options vest at a rate of 20% per year, commencing on November 20, 2026. Following these transactions, the director directly holds 4,168 stock options in addition to the common shares.
Magnolia Bancorp, Inc. (MGNO) reported a Form 4 insider equity grant for a director. On November 20, 2025, the director received 1,667 shares of common stock at a price of $0, increasing direct beneficial ownership to 6,667 shares of common stock.
On the same date, the director was also granted a stock option for 4,168 shares of common stock at an exercise price of $11.19 per share, with 4,168 options beneficially owned following the transaction. Both the stock grant and the options vest at a rate of 20% per year starting on November 20, 2026.
Magnolia Bancorp, Inc. (MGNO) reported an equity award to its Chairman, President and CEO, who is also a director. On 11/20/2025, the executive received 8,337 shares of common stock at a price of $0 under the company’s 2025 Recognition and Retention Plan and Trust Agreement. Following this grant, the executive beneficially owns 45,024 shares of common stock directly.
The filing also shows a grant of a stock option for 16,675 shares with an exercise price of $11.19 per share on the same date. The restricted shares and the options vest in 20% increments per year, starting on November 20, 2026, which means the awards become fully vested over five years.