{"url_path":"/sec/mgno/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 ****Unregistered Sales of Equity Securities, Use of Proceeds, and Issuer Purchases of Equity Securities**","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-12","source_url":"https://www.sec.gov/Archives/edgar/data/2033615/0000927089-26-000090-index.html","accession_number":"0000927089-26-000090","cik":"0002033615","ticker":"MGNO","issuer_name":"Magnolia Bancorp, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/2033615/0000927089-26-000090-index.html","primary_entity_key":"0002033615","primary_entity_name":"Magnolia Bancorp, Inc."},"word_count":134,"has_tables":true,"body_markdown":"**Item 2.****Unregistered Sales of Equity Securities, Use of Proceeds, and Issuer Purchases of Equity Securities**\n\n \n\nOn November 20, 2025, the Company's board of directors authorized a share repurchase program that authorizes the Company to repurchase up to 33,350 shares, or 4.0%, of its then outstanding common stock. The table below sets forth information regarding purchases of our common stock made during the three months ended March 31, 2026, under that program.\n\n \n\nFor the Month Ended\n\n \n\nTotal Number of Shares Purchased\n\n \n \n\nAverage Price Paid per Share\n\n \n \n\nTotal Number of Shares Purchased as Part of Publicly Announced Plans or Programs\n\n \n \n\nMaximum Number of Shares that May Yet be Purchased Under Plans or Programs\n\n \n\nJanuary 2026\n\n \n \n310\n \n \n$\n11.75\n \n \n \n310\n \n \n \n33,040\n \n\nFebruary 2026\n\n \n \n838\n \n \n \n12.43\n \n \n \n838\n \n \n \n32,202\n \n\nMarch 2026\n\n \n \n314\n \n \n \n12.30\n \n \n \n314\n \n \n \n31,888\n \n\nTotal\n\n \n \n1,462\n \n \n$\n12.26"}