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BankHealth

BANK OF MAGNOLIA CO

MAGNOLIA, OHIO · FDIC Cert #2300

A
Health Score
98/100
$98M
Total Assets
$86M
Total Deposits
22.08%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, BANK OF MAGNOLIA CO holds a Tier 1 capital ratio of 22.08%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning BANK OF MAGNOLIA CO has a strong buffer to absorb potential losses.

Key Financial Metrics

0.05%
Nonperforming Loans
Low — healthy loan portfolio
33.88%
Liquidity Ratio
Strong — can meet withdrawal demands
1.56%
Return on Assets
Profitable — earning well on assets
$86M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

BANK OF MAGNOLIA CO shows strong financial health indicators. With $98M in assets and a Health Score of 98/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.

Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.

Frequently Asked Questions

BANK OF MAGNOLIA CO has a Bank Health Score of A (98/100). It holds a Tier 1 capital ratio of 22.08%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

BANK OF MAGNOLIA CO holds $98M in total assets and $86M in total deposits. It is located in MAGNOLIA, OHIO (FDIC Certificate #2300).

BANK OF MAGNOLIA CO has a Tier 1 capital ratio of 22.08%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.05%, and the return on assets is 1.56%.

Yes. BANK OF MAGNOLIA CO is FDIC-insured (Certificate #2300). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.

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