Merchants & Marine Bancorp, Inc.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Clayton Legear
- Full Time Employees
- 145
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 3118 Pascagoula Street Pascagoula MS United States of America 39567
- IPO Date
- Feb 9, 2018
- Website
- mandmbank.com
- Similar Companies
- Business
- Merchants & Marine Bancorp, Inc. (MNMB) operates as a bank holding company for Merchants and Marine Bank, providing a range of commercial banking products and services to individuals, businesses, and municipalities primarily in the southern United States. The company offers deposit products including checking accounts, savings accounts, money market accounts, and certificates of deposit; lending services such as commercial real estate loans, commercial and industrial loans, construction loans, residential mortgages, and consumer loans; and additional services comprising online banking, mobile banking, cash management, and wealth management through its banking subsidiaries. Headquartered in Pascagoula, Mississippi, and founded in 1899, Merchants & Marine Bancorp serves customers across Mississippi, Alabama, and Louisiana with a network of branches focused on community banking in the Gulf Coast region. In recent developments, the company completed a strategic merger with another regional financial institution in late 2024, expanding its branch network and deposit base by approximately 20 percent in key markets along the Gulf Coast. This acquisition followed a successful capital raise through a private placement of preferred stock earlier in 2024, bolstering its regulatory capital ratios amid rising interest rates. Additionally, Merchants & Marine Bancorp launched an enhanced digital lending platform in early 2025, targeting small and medium-sized businesses with streamlined SBA loan processing to capture growing demand in its operating regions.
Merchants & Marine Bancorp, Inc. Announces First Quarter Financial Results
Merchants & Marine Bancorp, Inc. Completes Acquisition of Farmers-Merchants Bank
Merchants & Marine Bancorp, Inc. Announces 2025 Financial Results
Merchants & Marine Bancorp, Inc. Announces Third Quarter Financial Results
Merchants & Marine Bancorp, Inc. to Acquire Farmers-Merchants Bank & Trust
Merchants & Marine Bancorp, Inc. Announces Board Leadership Changes
Merchants & Marine Bancorp, Inc. Announces First Quarter Financial Results
Nicole Perry Joins CannaFirst Financial as Director of National Sales
Merchants & Marine Bancorp, Inc. Announces 2024 Financial Results
Merchants & Marine Bancorp, Inc. Announces Third Quarter Financial Results
Merchants & Marine Bancorp, Inc. Announces Paige Oliver as New Brand President & Chief Executive Officer
Merchants & Marine Bancorp, Inc. Announces Second Quarter Financial Results
Merchants & Marine Bancorp, Inc. Completes Acquisition of Mississippi River Bank
Merchants & Marine Bancorp, Inc. Named to 2024 OTCQX Best 50
Merchants & Marine Bancorp, Inc., to acquire Mississippi River Bank
Merchants & Marine Bancorp, Inc. Announces Second Quarter Financial Results
Merchants & Marine Bank CEO Clayton Legear Appointed to State Board of Banking Review
Merchants & Marine Bancorp Releases Earnings
Merchants & Marine Bank Announces Rebrand
Merchants & Marine Bancorp Releases First Quarter Earnings