More About Magnolia Bank
We offer the following income documentation options on our loans:
- Full Documentation using paystubs and W2’s or tax returns
- Bank Statements alone to calculate income for self-employed borrowers
- Profit & Loss to calculate Income for self-employed borrowers
- Investment Properties that do not need income documented
We lend to US Citizens, Permanent Resident Aliens, Non-Permanent aliens with Work Visa’s, and Non-Citizen ITIN (Individual Taxpayer Identification Number) borrowers.
Magnolia Bank has remained an independent community bank since 1919. With 100 years of banking experience, we are committed to being there for our customers every step of the way.
Our Values
Honesty and integrity - doing the right thing in all we do.
Confidentiality - being trustworthy with personal and private information.
Excellence and professionalism - in our individual duties, our teamwork and our relationships with accuracy, timeliness, service and compliance.
Customer focus - providing banking services in a personal way.
Empower, encourage and engage - cultivating an environment for success.
Adaptive and innovative - creating value with new ideas and continual improvements.
Additional Details

Location
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