{"filing":{"accession_number":"0000927089-26-000101","cik":"0002033615","ticker":"MGNO","company_name":"Magnolia Bancorp, Inc.","form":"8-K","filing_date":"2026-06-01","report_date":null,"primary_document":"mban20260520_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/2033615/000092708926000101/mban20260520_8k.htm"},"events":[{"id":7677,"run_id":6749,"accession_number":"0000927089-26-000101","anchor_item_number":"5.02","event_type":"exec_appointment","event_domain":"governance","is_material":true,"confidence":0.92,"summary":"Robert W. Kimbro was appointed as President and Chief Executive Officer of Magnolia Bancorp, Inc. and its subsidiary effective June 1, 2026, in a material executive succession event. Michael L. Hurley voluntarily relinquished the President and CEO titles concurrent with Kimbro's appointment.","company_name":"Magnolia Bancorp, Inc.","ticker":"MGNO","filing_date":"2026-06-01","form":"8-K","submitted_at":null,"items":[{"id":2967,"accession_number":"0000927089-26-000101","item_number":"5.02","item_title":"Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers","event_type":"exec_appointment","event_domain":"governance","is_material":true,"confidence":0.92,"reasoning":"The filing discloses the appointment of Robert W. Kimbro as President and Chief Executive Officer of Magnolia Bancorp and its subsidiary effective June 1, 2026. While Item 5.02(b) also documents Michael L. Hurley's voluntary relinquishment of the President and CEO titles (a departure), the substantive focus of the disclosure is on the appointment of Kimbro as the new chief executive, with detailed background on his qualifications and compensation. This is a material executive succession event affecting the registrant's leadership.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-02T02:12:34.372835+00:00","company_name":"","ticker":null,"filing_date":""},{"id":2969,"accession_number":"0000927089-26-000101","item_number":"7.01","item_title":"Financial Statements and Exhibits","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"The Item 7.01 section references a \"planned leadership transition described above\" and furnishes a press release as Exhibit 99.1, but the actual content of that transition is not provided in this excerpt. Without seeing the substantive disclosure of the leadership change itself, I cannot definitively classify whether this is an exec_departure, exec_appointment, or other event type. The reference to a leadership transition suggests materiality, but the specific nature of the transition remains unclear from this section alone.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-02T02:12:34.372835+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":7678,"run_id":6749,"accession_number":"0000927089-26-000101","anchor_item_number":"5.07","event_type":"shareholder_vote_results","event_domain":"governance","is_material":true,"confidence":0.98,"summary":"Magnolia Bancorp held its Annual Meeting of Shareholders on May 28, 2026, at which shareholders elected directors John H. Andressen and Peyton B. Burkhalter and ratified Mauldin \u0026 Jenkins, LLC as the company's independent auditor.","company_name":"Magnolia Bancorp, Inc.","ticker":"MGNO","filing_date":"2026-06-01","form":"8-K","submitted_at":null,"items":[{"id":2968,"accession_number":"0000927089-26-000101","item_number":"5.07","item_title":"Submission of Matters to a Vote of Security Holders","event_type":"shareholder_vote_results","event_domain":"governance","is_material":true,"confidence":0.98,"reasoning":"This Item 5.07 discloses the results of Magnolia Bancorp's Annual Meeting of Shareholders held on May 28, 2026, including voting outcomes for director elections (John H. Andressen and Peyton B. Burkhalter) and ratification of Mauldin \u0026 Jenkins, LLC as independent auditor. The filing explicitly states that shareholders elected the director nominees and adopted the auditor appointment proposal, which are material governance matters affecting investor assessment of board composition and audit oversight.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-02T02:12:34.372835+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":2967,"accession_number":"0000927089-26-000101","item_number":"5.02","item_title":"Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers","event_type":"exec_appointment","event_domain":"governance","is_material":true,"confidence":0.92,"reasoning":"The filing discloses the appointment of Robert W. Kimbro as President and Chief Executive Officer of Magnolia Bancorp and its subsidiary effective June 1, 2026. While Item 5.02(b) also documents Michael L. Hurley's voluntary relinquishment of the President and CEO titles (a departure), the substantive focus of the disclosure is on the appointment of Kimbro as the new chief executive, with detailed background on his qualifications and compensation. This is a material executive succession event affecting the registrant's leadership.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-02T02:12:34.372835+00:00","company_name":"Magnolia Bancorp, Inc.","ticker":"MGNO","filing_date":"2026-06-01"},{"id":2968,"accession_number":"0000927089-26-000101","item_number":"5.07","item_title":"Submission of Matters to a Vote of Security Holders","event_type":"shareholder_vote_results","event_domain":"governance","is_material":true,"confidence":0.98,"reasoning":"This Item 5.07 discloses the results of Magnolia Bancorp's Annual Meeting of Shareholders held on May 28, 2026, including voting outcomes for director elections (John H. Andressen and Peyton B. Burkhalter) and ratification of Mauldin \u0026 Jenkins, LLC as independent auditor. The filing explicitly states that shareholders elected the director nominees and adopted the auditor appointment proposal, which are material governance matters affecting investor assessment of board composition and audit oversight.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-02T02:12:34.372835+00:00","company_name":"Magnolia Bancorp, Inc.","ticker":"MGNO","filing_date":"2026-06-01"},{"id":2969,"accession_number":"0000927089-26-000101","item_number":"7.01","item_title":"Financial Statements and Exhibits","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"The Item 7.01 section references a \"planned leadership transition described above\" and furnishes a press release as Exhibit 99.1, but the actual content of that transition is not provided in this excerpt. Without seeing the substantive disclosure of the leadership change itself, I cannot definitively classify whether this is an exec_departure, exec_appointment, or other event type. The reference to a leadership transition suggests materiality, but the specific nature of the transition remains unclear from this section alone.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-02T02:12:34.372835+00:00","company_name":"Magnolia Bancorp, Inc.","ticker":"MGNO","filing_date":"2026-06-01"}]}
