Magnolia State Bank: how it compares with its peers
Against 56 GA banks with half to twice its assets, Magnolia State Bank's strongest measure in Q2 2026 is net interest margin (5.80% vs. a 4.46% peer median). Its weakest relative measure is assets per employee ($4.5M vs. $6.9M).
| Measure | Magnolia State Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.98% | 1.51% | Top third Ahead of 75% of peers |
| Net interest margin Annualized net interest income over earning assets. | 5.80% | 4.46% | Top third Ahead of 96% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 64.44% | 60.14% | Bottom third Ahead of 32% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $4.5M | $6.9M | Bottom third Ahead of 4% of peers |
| Loans to deposits Net loans and leases over total deposits. | 64.19% | 75.64% | Context |
What it means for lending operations
Its efficiency ratio of 64.44% is above the 60.14% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- The Citizens Bank of Cochran Cochran, GA · $201M
- Peoples Bank Lyons, GA · $192M
- Legacy State Bank Loganville, GA · $206M
- The Geo. D. Warthen Bank Sandersville, GA · $190M
- Bank of Camilla Camilla, GA · $188M
- Farmers State Bank Lincolnton, GA · $186M
Questions about Magnolia State Bank
How big is Magnolia State Bank?
Magnolia State Bank, established in 1919, is headquartered in Eastman, GA. It reported $199M in total assets in its Q2 2026 FDIC call report and operates 5 offices.
What is Magnolia State Bank's return on assets?
1.98% annualized in Q2 2026, against a 1.51% median for 56 GA banks with half to twice its assets, ahead of 75% of them.
What is Magnolia State Bank's efficiency ratio?
64.44% in Q2 2026: it spent about 64 cents in noninterest expense for each dollar of revenue. The peer median is 60.14%, and lower is better.
Is Magnolia State Bank growing its loans?
Net loans grew 1.3% over the year to Q2 2026, while deposits grew 0.6%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are GA banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Georgia bank ranked.