Vitals
  • Total Assets
    439.8M 7.5 %
  • Total Deposits
    356.5M 8.9 %
  • Total Net Loans
    196.7M -10.2 %
  • Net Income
    1.1M -3.9 %
  • Book Value
    46.1M 16.6 %
  • Book Value x2
    92.2M 16.6 %
  • Book Value x3
    138.4M 16.6 %
ROAA

.996

ROAE

9.769

Efficiency Ratio

69.714

Net Interest Margin

3.085

Balance Sheet Highlights
Financial Highlights Merchants & Southern Bank All Insured Commercial Banks in Florida
Balance Sheet $(000)
Total Assets 439,810 491,715
Total Net Loans 196,718 312,131
Total Deposits 356,546 407,972
Total Equity 46,121 52,100
Profitability
Net Income 1,103 756
Return on Average Assets .996 .621
Return on Average Equity 9.769 5.803
Net Interest Margin 3.085 3.562
Efficiency Ratio 69.714 79.548
Noninterest Income/Revenue 11.507 13.7
Balance Sheet Ratios
Loan-to-Deposit 55.173 75.133
Securities/Assets .389 .169
Total Equity/Total Assets .105 .106
Tangible Equity/Tangible Assets .105 .103
Capital Adequacy
Tier 1 Common Capital 44,315 46,267
Tier 1 Capital 44,315 46,758
Tier 2 Capital 3,359 3,554
Total Capital 47,674 50,330
Total Risk Weighted Assets 291,967 331,093
Leverage Ratio 10 10.196
Common Equity Tier 1 Capital Ratio 15.18 15.407
Tier 1 Capital Ratio 15.18 15.487
Total Capital Ratio 16.33 16.646

Timeline for Merchants & Southern Bank

Ameris Bank

Merchants & Southern Bank was acquired by Ameris Bank 8 years

View Profile May 23 2015

Merchants And Southern Bank Of Clay County

Acquisition: Merchants & Southern Bank acquired a new subsidiary, Merchants And Southern Bank Of Clay County, 35 years

View Profile Sep 24 1988

Merchants & Southern Bank Of Ocala

Acquisition: Merchants & Southern Bank acquired a new subsidiary, Merchants & Southern Bank Of Ocala, 36 years

View Profile Mar 28 1988

Merchants & Southern Banks Of Florida, Inc.

Merchants & Southern Banks Of Florida, Inc. became a new parent organization for Merchants & Southern Bank.

View Profile Sep 25 1981

Merchants & Southern Bank

Merchants & Southern Bank was established 64 years ago and is currently headquartered in Gainesville, FL.

Nov 25 1959
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Ameris Bank Buyer 6,487,996 Acquisition Discontinued 5/23/2015
Merchants And Southern Bank Of Clay County Seller 6,711 Discontinued 9/24/1988
Merchants & Southern Bank Of Ocala Seller 10,382 Discontinued 3/28/1988
Relationships Role Relationship Start Relationship End
Merchants & Southern Banks Of Florida, Inc. Parent 3/27/1988 5/22/2015
Merchants & Southern Banks Of Florida, Inc. Parent 12/31/1983 3/26/1988
Merchants & Southern Banks Of Florida, Inc. Parent 9/25/1981 12/30/1983
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