SCHEDULE 13G/A 0002063237-25-000003 0002063237 XXXXXXXX LIVE 1 Common Stock, Par Value $.01 Per Share 12/31/2025 0002033615 Magnolia Bancorp, Inc. 559581103 2900 CLEARVIEW PARKWAY METAIRIE DC 70006 Rule 13d-1(b) Magnolia Bancorp, Inc. Employee Stock Ownership Plan LA 64476.67 2223.33 64476.67 2223.33 66700.00 8.0 EP Magnolia Bancorp, Inc. 2900 CLEARVIEW PARKWAY, METAIRIE, DISTRICT OF COLUMBIA, 70006. Magnolia Bancorp, Inc. Employee Stock Ownership Plan Trust Mutual Savings and Loan Association 2900 Clearview Parkway Metairie, Louisiana 70006 Louisiana N EP 66,700 8.0% (based on 833,750 shares issued and outstanding as of December 31, 2025) 64,476.67 2,223.33 64,476.67 2,223.33 The reporting person is an employee benefit plan subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended, with individual accounts for the benefit of participating employees and their beneficiaries. The reporting person's assets are held in trust by trustee Jason L. Manson (?Plan Trustee?). The number of shares listed as beneficially owned represents the entire number of shares of Common Stock held by the Plan Trust, as of December 31, 2025. As of December 31, 2025, 2,223.33 shares of the 66,700 shares of Common Stock were committed to be released to individual accounts for participating employees and their beneficiaries, with the allocation of such shares currently pending. Once shares are allocated, participating employees and their beneficiaries will have the power and authority to direct the voting of shares of Common Stock allocated to their individual accounts through the Plan Trustee, who will then have shared voting power over the allocated Common Stock. Unallocated Common Stock is generally required to be voted by the Plan Trustee for or against proposals to shareholders in the same proportion as the shares of Common Stock which have been allocated to the accounts of individual participants and beneficiaries are actually voted thereby, subject in each case to the fiduciary duties of the Plan Trustee and applicable law. Y N Any future dividends on Common Stock allocated to the accounts of participating employees and their beneficiaries, to the extent paid in the form of additional securities, will be added to their respective individual accounts. Any future dividends on Common Stock allocated to the accounts of participating employees and their beneficiaries, to the extent paid in cash, will be, at the direction of the Plan Administrator, either (i) credited to the respective individual accounts, (ii) paid to the participant or beneficiary, or (iii) used to pay principal and interest on outstanding indebtedness incurred by the reporting person to acquire Common Stock. Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. Magnolia Bancorp, Inc. Employee Stock Ownership Plan /s/Jason L. Manson 03/06/2026 This report is not an admission that the Plan Trustee is the beneficial owner of any securities covered by this report, and the Plan Trustee expressly disclaims beneficial ownership of all shares reported herein pursuant to Rule 13d-4.