Vitals
  • Total Assets
    564.3M 0.2 %
  • Total Deposits
    471.8M 1.5 %
  • Total Net Loans
    264.0M 4.4 %
  • Net Income
    5.0M 14.5 %
  • Book Value
    66.1M 2.5 %
  • Book Value x2
    132.1M 2.5 %
  • Book Value x3
    198.2M 2.5 %
ROAA

.866

ROAE

7.578

Efficiency Ratio

67.633

Net Interest Margin

3.257

Balance Sheet Highlights
Financial Highlights Merchants & Marine Bank All Insured Commercial Banks in Mississippi
Balance Sheet $(000)
Total Assets 564,326 525,484
Total Net Loans 263,969 348,104
Total Deposits 471,844 440,088
Total Equity 66,056 60,485
Profitability
Net Income 5,047 5,177
Return on Average Assets .866 .911
Return on Average Equity 7.578 8.357
Net Interest Margin 3.257 3.971
Efficiency Ratio 67.633 70.327
Noninterest Income/Revenue 27.21 22.171
Balance Sheet Ratios
Loan-to-Deposit 55.944 71.665
Securities/Assets .355 .197
Total Equity/Total Assets .117 .115
Tangible Equity/Tangible Assets .112 .102
Capital Adequacy
Tier 1 Common Capital 69,773 52,498
Tier 1 Capital 69,773 52,598
Tier 2 Capital 3,196 3,510
Total Capital 72,969 56,103
Total Risk Weighted Assets 334,426 380,206
Leverage Ratio 12.11 10.71
Common Equity Tier 1 Capital Ratio 20.86 16.284
Tier 1 Capital Ratio 20.86 16.342
Total Capital Ratio 21.82 17.377

Timeline for Merchants & Marine Bank

Heritage First Bank

Acquisition: Merchants & Marine Bank acquired a new subsidiary, Heritage First Bank, 12 years

View Profile Dec 10 2011

Merchants & Marine Bancorp, Inc.

Merchants & Marine Bancorp, Inc. became a new parent organization for Merchants & Marine Bank.

View Profile Apr 24 2008

Merchants & Marine Bank

Merchants & Marine Bank was established 92 years ago and is currently headquartered in Pascagoula, MS.

Jan 11 1932
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Heritage First Bank Seller 54,607 Acquisition Discontinued 12/10/2011
Relationships Role Relationship Start Relationship End
Merchants & Marine Bancorp, Inc. Parent 4/24/2008
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