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Merchants & Marine Bank
Merchants & Marine Bank
RSSD ID 94139 | CERTIFICATE 12203 | ABA NUMBER 65301362 |
3118 Pascagoula St |
Quarter Ended : |
2025-03-31 |
Pascagoula, Mississippi, 39567 |
Updated : |
2025-04-29 |
WWW.MANDMBANK.COM |
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Institution Profile |
Year Opened : |
1932 |
Institution Type : |
Commercial bank |
Entity Type : |
State |
Federal Regulator : |
FDIC |
Member Federal Reserve : |
No |
S-Corp : |
No |
Fiduciary Powers : |
Yes |
Powers Exercised : |
No |
Filing Type : |
051 |
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Specialization : |
Commercial Lending Specialization |
Number of Offices : |
18 |
Number of Employees : |
225 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 729,622 |
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Total Interest Income | 9,472 |
Total Liabilities | 636,114 |
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Total NonInterest Income | 2,037 |
Total Bank Equity Capital | 93,508 |
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Total Interest Expense | 604 |
Total Deposits | 621,060 |
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Total NonInterest Expense | 9,940 |
Net Loans & Leases | 459,283 |
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Net Income | 821 |
Loan Loss Allowance | 6,324 |
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Net Charge Offs | 44 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Total capital | 100,343 |
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Total loans | 466,335 |
Total assets for the leverage ratio | 714,581 |
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Loans secured by real estate: | 389,077 |
Tier 1 Leverage Ratio | 13.14 |
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Commercial and industrial loans | 69,205 |
Tier 1 Capital Ratio | 15.99 |
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Loans to individuals - Credit Cards | 0 |
Total Capital Ratio | 17.08 |
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Loans to individuals - Other | 8,053 |
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