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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

4.07%Q2 ’244.21%Q2 ’254.29%Q2 ’26+19%+5%

Non-interest income vs. expense

3.17%Q2 ’243.99%Q2 ’254.41%Q2 ’26+30%+8%

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 -0.62%, down 23 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 (quarter, annualized)

-0.62%-23 bps YoY

Net Interest Margin (quarter, annualized)

3.73%+18 bps YoY

Efficiency Ratio (quarter, annualized)

116.62%+294 bps YoY

Tier 1 Leverage Ratio

47.17%+107 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets-0.39%-0.48%-0.52%-0.70%-0.62%-23 bps
Return on Equity-0.85%-1.02%-1.11%-1.54%-1.33%-48 bps
Net Interest Margin3.55%3.64%3.68%3.64%3.73%+18 bps
Efficiency Ratio113.68%115.91%111.75%119.02%116.62%+294 bps
Non-Interest Burden4.03%4.26%4.13%4.34%4.36%+33 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