Magnolia State Bank

Status:Inactive as of 07/01/2025
 Merger - Without Assistance
Successor Bank:BankFirst Financial Services
Headquarters:Magnolia State Bank
28 Highway 528
Bay Springs, MS 39422
Established:08/04/1975
FDIC Insurance:08/04/1975
FDIC Cert:#22081
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$465,611,000
Total Deposits:$414,509,000

History

1975-08-04Institution established: Original name:Jasper County Bank
2000-01-01Changed name to Magnolia State Bank
2025-07-01Merged into and subsequently operated as part of BankFirst Financial Services (8870)

Financial Information (2025-06-30 and Older)