BranchWatch

Magnolia State Bank

Headquartered in Eastman, GA. Part of Magnolia Bankshares, Inc. FDIC certificate #877 · Federal Reserve RSSD 204237.

Total assets
$198M
Deposits
$167M
Q1 2026
Active branches
5
Closings since Jan 2020
0
1 openings since Jan 2020
All locations →Quarterly financials →

Financial snapshot — Q1 2026

All quarters →
Net income (quarter)
$1M
Return on assets
2.14%
Return on equity
14.28%
Noncurrent loan rate
0.43%

Deposits by year (Summary of Deposits)

0
2019
0
2020
0
2021
0
2022
0
2023
0
2024
0
2025

Values in $ billions, June 30 of each year.

Openings by year

1
2025

Other network changes since 2020

  • 1 branch relocations
  • September 10, 2020: legal name changed from “Bank of Eastman” to “Magnolia State Bank”

Branches by state

Georgia 5

All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.bankmsb.com.