{"schema_version":"secwatch.filing_event.v1","accession":"0000927089-26-000148","form_type":"8-K","ticker":"MGNO","cik":"0002033615","company_name":"Magnolia Bancorp, Inc.","filed_at":"2026-08-13T16:18:01+00:00","discovered_at":"2026-08-13T16:19:08.330390+00:00","generated_at":"2026-08-13T16:19:13.443681+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Magnolia Bancorp CFO Wagner resigns; Hurley named CEO, Kimbro CFO effective Aug 21","bullets":["Donice Wagner, EVP, CFO and Secretary, resigns effective Aug 21, 2026, to return to consulting practice.","Michael L. Hurley, Executive Chair, becomes Executive Chair and CEO; Robert W. Kimbro becomes President and CFO.","Kimbro, 68, CPA and former Ernst & Young partner, will assume CFO role; both salaries set at $175,000 annually.","Changes part of planned leadership transition; Kimbro had been President and CEO since June 1, 2026.","Wagner held the role since Sept 18, 2025; no negative reasons cited for departure."],"urls":{"canonical":"https://secwatch.observer/filing/0000927089-26-000148","json":"https://secwatch.observer/filing/0000927089-26-000148.json","markdown":"https://secwatch.observer/filing/0000927089-26-000148.md","text":"https://secwatch.observer/filing/0000927089-26-000148.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2033615/000092708926000148/0000927089-26-000148-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2033615/000092708926000148/mban20260813_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-13T16:19:13.443681+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"79482d6428","claim":"Donice Wagner resigned as Executive Vice President, Chief Financial Officer and Secretary at Magnolia Bancorp, Inc..","evidence_excerpt":"On August 10, 2026, Donice Wagner submitted her voluntary resignation of her positions as the Executive Vice President, Chief Financial Officer and Secretary of Magnolia Bancorp, Inc. (“Magnolia”) and its wholly owned subsidiary Mutual Savings and Loan Association (“Mutual Savings”), in each case effective as of August 21, 2026.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2033615/000092708926000148/0000927089-26-000148-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Executive Vice President, Chief Financial Officer and Secretary"}],"fact_type":"executive_change"},{"claim_id":"7bdaaad086","claim":"Michael L. Hurley changed role as Executive Chair and Chief Executive Officer at Magnolia Bancorp, Inc..","evidence_excerpt":"The new titles for Michael L. Hurley will be Executive Chair and Chief Executive Officer","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2033615/000092708926000148/0000927089-26-000148-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"changed title to"},{"label":"Role","value":"Executive Chair and Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"8ec1d84f8c","claim":"Robert W. Kimbro changed role as President and Chief Financial Officer at Magnolia Bancorp, Inc..","evidence_excerpt":"and the new titles for Robert W. Kimbro will be President and Chief Financial Officer, in each effective upon Ms. Wagner’s departure.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2033615/000092708926000148/0000927089-26-000148-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"changed title to"},{"label":"Role","value":"President and Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}