Highest-materiality recent filing
Magnolia Bancorp names Robert Kimbro President/CEO; Hurley becomes Executive Chair
Michael Hurley, 78, steps down as President/CEO of Magnolia and Mutual Savings effective June 1, 2026; becomes Executive Chair.
Magnolia Bancorp replaces EisnerAmper with Mauldin & Jenkins as auditor for 2026
On Jan 22, 2026, company notified EisnerAmper LLP it would not be re-hired for 2026; EisnerAmper will complete the 2025 audit.
Magnolia Bancorp announces first stock repurchase program of up to 33,350 shares
Board approved repurchase of up to 33,350 shares (4.0% of outstanding) starting Jan 15, 2026.
Magnolia Bancorp appoints Donice Wagner as CFO; Anita Cambre resigns but remains director
Anita Cambre resigned as VP, CFO and Secretary effective Sept 18, 2025; remains a director.
Magnolia Bancorp amends bylaws on electronic proxies, sets annual meeting
Board adopted Amendment No. 1 to Bylaws effective July 24, 2025, clarifying shareholders may submit proxies by electronic transmission if authorization is verifiable.
Magnolia Bancorp completes mutual-to-stock conversion, raises $8.3M in IPO
Sold 833,750 shares at $10.00/share, including 66,700 to ESOP, for ~$8.3M gross proceeds.
Magnolia Bancorp gets final regulatory OK; OTCQB listing set for Jan 15
Final regulatory approvals received; conversion and IPO expected to close Jan 14, 2025.
Members approved plan to convert Mutual Savings and Loan from mutual to stock savings association; new charter and bylaws adopted.
On May 28, 2026, both the Company and the Association appointed Robert W. Kimbro as their President and Chief Executive Officer effective as of June 1, 2026.
Max materiality 0.70 · Median 0.60 · Most common event other_material