Magnolia Bancorp Files 8-K
Ticker: MGNO · Form: 8-K · Filed: Jan 13, 2025 · CIK: 2033615
Sentiment: neutral
Topics: sec-filing, 8-k, reporting
Related Tickers: MBNC
TL;DR
MBNC filed a routine 8-K on Jan 13, 2025. No major news.
AI Summary
Magnolia Bancorp, Inc. filed an 8-K on January 13, 2025, reporting other events and financial statements. The filing does not contain specific financial details or significant corporate actions beyond routine reporting requirements.
Why It Matters
This filing indicates routine corporate reporting by Magnolia Bancorp, Inc. to the SEC, providing transparency for investors.
Risk Assessment
Risk Level: low — The filing appears to be routine and does not disclose any significant new risks or material events.
Key Players & Entities
- Magnolia Bancorp, Inc. (company) — Registrant
- January 13, 2025 (date) — Date of Report
- 504-455-2444 (phone_number) — Registrant's telephone number
FAQ
What is the primary purpose of this 8-K filing for Magnolia Bancorp, Inc.?
The primary purpose of this 8-K filing is to report 'Other Events' and 'Financial Statements and Exhibits' as of January 13, 2025.
When was this 8-K filing submitted by Magnolia Bancorp, Inc.?
The 8-K filing was submitted on January 13, 2025.
What is the principal executive office address for Magnolia Bancorp, Inc.?
The principal executive offices are located at 2900 Clearview Parkway, Metairie, Louisiana 70006.
Does this filing indicate any significant changes or material events for Magnolia Bancorp, Inc.?
Based on the provided information, this filing appears to be routine and does not explicitly detail any significant new events or material changes beyond standard reporting.
What is the SIC code for Magnolia Bancorp, Inc.?
The Standard Industrial Classification (SIC) code for Magnolia Bancorp, Inc. is 6035, which corresponds to SAVINGS INSTITUTION, FEDERALLY CHARTERED.
Filing Stats: 511 words · 2 min read · ~2 pages · Grade level 11.5 · Accepted 2025-01-13 15:38:16
Filing Documents
- mban20250109_8k.htm (8-K) — 32KB
- ex_763892.htm (EX-99.1) — 15KB
- rdgmagnolialogo.jpg (GRAPHIC) — 12KB
- 0000927089-25-000020.txt ( ) — 190KB
- noticker-20250113.xsd (EX-101.SCH) — 3KB
- noticker-20250113_def.xml (EX-101.DEF) — 10KB
- noticker-20250113_lab.xml (EX-101.LAB) — 14KB
- noticker-20250113_pre.xml (EX-101.PRE) — 11KB
- mban20250109_8k_htm.xml (XML) — 3KB
01 Other Events
Item 8.01 Other Events. On January 13, 2025, Magnolia Bancorp, Inc. (the "Company"), the proposed holding company for Mutual Savings and Loan Association (the "Association"), announced that all final regulatory approvals have been received to complete the Association's conversion from a federally chartered mutual savings and loan association to a federally chartered stock savings and loan association. The conversion and stock offering are expected to close as of the close of business on January 14, 2025. The Company's common stock is expected to be quoted on the OTCQB Market operated by the OTC Markets Group beginning on January 15, 2025. For further information, reference is made to the press release dated January 13, 2025, which is attached hereto as Exhibit 99.1 and incorporated herein by reference.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) The following exhibits are included with this Report: Exhibit No. Description 99.1 Press release dated January 13, 2025 104 Cover Page Interactive Data File (Embedded within Inline XBRL document) 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MAGNOLIA BANCORP, INC. By: /s/ Michael L. Hurley Name: Michael L. Hurley Title: Chairman, President and Chief Executive Officer Date: January 13, 2025