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Lori Elam is the Chief Admin Officer at Magnolia Bank. Lori has over 15 years of experience in the banking and financial industry. Lori began their career as an Internal Auditor at First Bancorp, Inc. in 2006. In 2008, they were promoted to Executive Vice President and Chief Financial Officer at Metro Bank. Lori was responsible for consolidated financial and regulatory planning and reporting for the bank, holding company, and affiliates. In 2020, they joined Liberty Bank & Trust Co as Senior VP/Comptroller. Lori has been instrumental in improving efficiency and accuracy in the reconciliation process and accounts payable function. Lori also developed regulatory compliant pro-forma financial statements in connection with strategic initiatives.

Lori Elam graduated from the ABA Stonier Graduate School of Banking with a diploma. Lori also holds a Wharton Leadership Certificate from the University of Pennsylvania - The Wharton School. Lori's undergraduate degree is in accounting from the University of Louisville. Lori is also certified as a public accountant by the Commonwealth of Kentucky State Board of Accounting.

Theresa Malone - VP/Loan Ops, Stefanie Rock - SVP Ops/Mktg report to Lori Elam. They are on a team with Kylee Durbin - Bank Chief Compliance Officer, H.Y. Davis - EVP, and Chad Hines - Sr. Financial Analyst. Lori Elam reports to Deena London, President/CBE.