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Mutual Savings and Loan Association

Metairie, LA · Cert 27716 · Magnolia Bcorp Inc.

State savings bank · OCC · 2 branches

Q2 2026

$35.9MAssets
$30.3MLoans
$18.7MDeposits
$17.1MEquity
Loan mix
99%RE $30.4M0%C&I $0.0M1%Consumer $0.2MQ2 2025Q2 2026
Deposit mix
88%Interest-bearing $16.5M12%Noninterest $2.2MQ2 2025Q2 2026

NIM

4.04%Q2 ’244.30%Q2 ’254.29%Q2 ’26+17%+6%

Non-interest income vs. expense

3.27%Q2 ’244.00%Q2 ’254.48%Q2 ’26+25%+11%

Market Position · New Orleans-Metairie, LA · 2026 SOD (annual) · 0.0% share · #30 of 32 inst. · $0.0B of $36.0B

0.1% Jefferson
0.0% St. Tammany

Executive Summary

  • Earnings: ROA of -0.67%, down 33 bps year over year; NIM at 3.73%.
  • Asset quality: problem loans at 0.22% of loans (-1 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 47.17%, up 107 bps from a year ago.
  • Funding: loans stand at 161.84% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

-0.67%-33 bps YoY

Net Interest Margin (YTD, annualized)

3.73%+20 bps YoY

Efficiency Ratio (YTD, annualized)

117.83%+540 bps YoY

Tier 1 Leverage Ratio

47.17%+107 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets-0.34%-0.38%-0.41%-0.70%-0.67%-33 bps
Return on Equity-0.83%-0.90%-0.96%-1.54%-1.43%-61 bps
Net Interest Margin3.53%3.65%3.61%3.64%3.73%+20 bps
Efficiency Ratio112.43%113.63%113.15%119.02%117.83%+540 bps
Non-Interest Burden3.98%4.16%4.09%4.34%4.41%+43 bps
Growth
Asset Growth (YoY)4.49%3.03%-14.97%-0.92%-3.19%-768 bps
Loan Growth (YoY)-1.85%1.52%0.31%-1.20%-2.83%-98 bps
Deposit Growth (YoY)-3.76%-10.60%-32.79%-0.93%-5.19%-143 bps
Asset Quality
Nonperforming Loans / Loans0.23%0.23%0.43%0.43%0.22%-1 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans0.59%0.59%0.60%0.60%0.61%+2 bps
Allowance Coverage of NPLs2.5x2.6x1.4x1.4x2.7x+0.2x
Capital
Tier 1 Leverage Ratio46.10%47.49%46.48%46.00%47.17%+107 bps
Total Risk-Based Capital98.25%97.43%98.67%99.50%99.97%+172 bps
Equity / Assets46.62%47.73%46.04%45.70%47.64%+103 bps
Liquidity & Funding
Loans / Deposits157.90%167.33%153.88%150.96%161.84%+394 bps
Liquid Assets / Assets10.91%7.87%11.86%13.50%10.65%-26 bps
CRE / Total Capitaln/a12.58%7.76%7.40%n/an/a