http://www.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2026, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Fri, 07 Aug 2026 12:52:21 -0400 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://www.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/Stock+Buybacks/Merchants+%26+Marine+Bancorp+posts+Q2+earnings+surge+after+acquisition/26889942.html <p>Merchants & Marine Bancorp, Inc. (OTCQX: MNMB) reported net income available to common shareholders of $11.37 million, or $8.36 per share, for the first half of 2026, compared with $875 thousand, or $0.66 per share, in the same period a year earlier, according to a company press release.</p> <p>The Pascagoula, Mississippi-based bank holding company attributed much of the increase to its April 1, 2026 acquisition of Farmers-Merchants Bank of Breaux Bridge, Louisiana. Gross income through the second quarter totaled $53.31 million, up 109.8% from the prior year period.</p> <p>Total assets rose 42.12% to $1.35 billion in the 12 months ended June 30, http://www.streetinsider.com/Stock+Buybacks/Merchants+%26+Marine+Bancorp+posts+Q2+earnings+surge+after+acquisition/26889942.html Fri, 07 Aug 2026 12:52:21 -0400 A.10001862 MNMB O.00025793 O.00042782 http://www.streetinsider.com/Stock+Buybacks/Merchants+%26+Marine+Bancorp+posts+Q2+earnings+surge+after+acquisition/26889942.html <p>Merchants & Marine Bancorp, Inc. (OTCQX: MNMB) reported net income available to common shareholders of $11.37 million, or $8.36 per share, for the first half of 2026, compared with $875 thousand, or $0.66 per share, in the same period a year earlier, according to a company press release.</p> <p>The Pascagoula, Mississippi-based bank holding company attributed much of the increase to its April 1, 2026 acquisition of Farmers-Merchants Bank of Breaux Bridge, Louisiana. Gross income through the second quarter totaled $53.31 million, up 109.8% from the prior year period.</p> <p>Total assets rose 42.12% to $1.35 billion in the 12 months ended June 30, http://www.streetinsider.com/Stock+Buybacks/Merchants+%26+Marine+Bancorp+posts+Q2+earnings+surge+after+acquisition/26889942.html Fri, 07 Aug 2026 12:52:21 -0400 A.10001862 MNMB O.00025793 O.00042782 http://www.streetinsider.com/Stock+Buybacks/Merchants+%26+Marine+Bancorp+posts+Q2+earnings+surge+after+acquisition/26889942.html <p>Merchants & Marine Bancorp, Inc. (OTCQX: MNMB) reported net income available to common shareholders of $11.37 million, or $8.36 per share, for the first half of 2026, compared with $875 thousand, or $0.66 per share, in the same period a year earlier, according to a company press release.</p> <p>The Pascagoula, Mississippi-based bank holding company attributed much of the increase to its April 1, 2026 acquisition of Farmers-Merchants Bank of Breaux Bridge, Louisiana. Gross income through the second quarter totaled $53.31 million, up 109.8% from the prior year period.</p> <p>Total assets rose 42.12% to $1.35 billion in the 12 months ended June 30, http://www.streetinsider.com/Stock+Buybacks/Merchants+%26+Marine+Bancorp+posts+Q2+earnings+surge+after+acquisition/26889942.html Fri, 07 Aug 2026 12:52:21 -0400 A.10001862 MNMB O.00025793 O.00042782 http://www.streetinsider.com/Stock+Buybacks/Merchants+%26+Marine+Bancorp+posts+Q2+earnings+surge+after+acquisition/26889942.html <p>Merchants & Marine Bancorp, Inc. (OTCQX: MNMB) reported net income available to common shareholders of $11.37 million, or $8.36 per share, for the first half of 2026, compared with $875 thousand, or $0.66 per share, in the same period a year earlier, according to a company press release.</p> <p>The Pascagoula, Mississippi-based bank holding company attributed much of the increase to its April 1, 2026 acquisition of Farmers-Merchants Bank of Breaux Bridge, Louisiana. Gross income through the second quarter totaled $53.31 million, up 109.8% from the prior year period.</p> <p>Total assets rose 42.12% to $1.35 billion in the 12 months ended June 30, http://www.streetinsider.com/Stock+Buybacks/Merchants+%26+Marine+Bancorp+posts+Q2+earnings+surge+after+acquisition/26889942.html Fri, 07 Aug 2026 12:52:21 -0400 A.10001862 MNMB O.00025793 O.00042782 http://www.streetinsider.com/Press+Releases/Merchants+%26amp%3B+Marine+Bancorp%2C+Inc.+Announces+Second+Quarter+Financial+Results+and+Share+Repurchase+Program/26889939.html <p> PASCAGOULA, Miss.--(BUSINESS WIRE)-- Merchants &amp; Marine Bancorp, Inc. (OTCQX: MNMB), the parent company of Merchants &amp; Marine Bank, reported net income available to common shareholders through the second quarter of 2026 of $11.37 million, or $8.36 per share, compared with earnings of $875 thousand, or $0.66 per share, in the same period of the prior year. Gross income through the second quarter totaled $53.31 million, an increase of 109.8% from the prior year. Balance sheet footings increased by 42.12% to $1.35 billion during the 12 months ended June 30, 2026. Net loans grew to $677.13 million over http://www.streetinsider.com/Press+Releases/Merchants+%26amp%3B+Marine+Bancorp%2C+Inc.+Announces+Second+Quarter+Financial+Results+and+Share+Repurchase+Program/26889939.html Fri, 07 Aug 2026 12:52:00 -0400 A.10001862 MNMB O.00025793 O.00042782 http://www.streetinsider.com/Press+Releases/Merchants+%26amp%3B+Marine+Bancorp%2C+Inc.+Announces+Second+Quarter+Financial+Results+and+Share+Repurchase+Program/26889939.html <p> PASCAGOULA, Miss.--(BUSINESS WIRE)-- Merchants &amp; Marine Bancorp, Inc. (OTCQX: MNMB), the parent company of Merchants &amp; Marine Bank, reported net income available to common shareholders through the second quarter of 2026 of $11.37 million, or $8.36 per share, compared with earnings of $875 thousand, or $0.66 per share, in the same period of the prior year. Gross income through the second quarter totaled $53.31 million, an increase of 109.8% from the prior year. Balance sheet footings increased by 42.12% to $1.35 billion during the 12 months ended June 30, 2026. Net loans grew to $677.13 million over http://www.streetinsider.com/Press+Releases/Merchants+%26amp%3B+Marine+Bancorp%2C+Inc.+Announces+Second+Quarter+Financial+Results+and+Share+Repurchase+Program/26889939.html Fri, 07 Aug 2026 12:52:00 -0400 A.10001862 MNMB O.00025793 O.00042782 http://www.streetinsider.com/Press+Releases/Merchants+%26amp%3B+Marine+Bancorp%2C+Inc.+Announces+Second+Quarter+Financial+Results+and+Share+Repurchase+Program/26889939.html <p> PASCAGOULA, Miss.--(BUSINESS WIRE)-- Merchants &amp; Marine Bancorp, Inc. (OTCQX: MNMB), the parent company of Merchants &amp; Marine Bank, reported net income available to common shareholders through the second quarter of 2026 of $11.37 million, or $8.36 per share, compared with earnings of $875 thousand, or $0.66 per share, in the same period of the prior year. Gross income through the second quarter totaled $53.31 million, an increase of 109.8% from the prior year. Balance sheet footings increased by 42.12% to $1.35 billion during the 12 months ended June 30, 2026. Net loans grew to $677.13 million over http://www.streetinsider.com/Press+Releases/Merchants+%26amp%3B+Marine+Bancorp%2C+Inc.+Announces+Second+Quarter+Financial+Results+and+Share+Repurchase+Program/26889939.html Fri, 07 Aug 2026 12:52:00 -0400 A.10001862 MNMB O.00025793 O.00042782 http://www.streetinsider.com/Press+Releases/Merchants+%26amp%3B+Marine+Bancorp%2C+Inc.+Announces+Second+Quarter+Financial+Results+and+Share+Repurchase+Program/26889939.html <p> PASCAGOULA, Miss.--(BUSINESS WIRE)-- Merchants &amp; Marine Bancorp, Inc. (OTCQX: MNMB), the parent company of Merchants &amp; Marine Bank, reported net income available to common shareholders through the second quarter of 2026 of $11.37 million, or $8.36 per share, compared with earnings of $875 thousand, or $0.66 per share, in the same period of the prior year. Gross income through the second quarter totaled $53.31 million, an increase of 109.8% from the prior year. Balance sheet footings increased by 42.12% to $1.35 billion during the 12 months ended June 30, 2026. Net loans grew to $677.13 million over http://www.streetinsider.com/Press+Releases/Merchants+%26amp%3B+Marine+Bancorp%2C+Inc.+Announces+Second+Quarter+Financial+Results+and+Share+Repurchase+Program/26889939.html Fri, 07 Aug 2026 12:52:00 -0400 A.10001862 MNMB O.00025793 O.00042782 http://www.streetinsider.com/Business+Wire/Merchants+%26amp%3B+Marine+Bancorp%2C+Inc.+Announces+Second+Quarter+Financial+Results+and+Share+Repurchase+Program/26889939.html <p> PASCAGOULA, Miss.--(BUSINESS WIRE)-- Merchants &amp; Marine Bancorp, Inc. (OTCQX: MNMB), the parent company of Merchants &amp; Marine Bank, reported net income available to common shareholders through the second quarter of 2026 of $11.37 million, or $8.36 per share, compared with earnings of $875 thousand, or $0.66 per share, in the same period of the prior year. Gross income through the second quarter totaled $53.31 million, an increase of 109.8% from the prior year. Balance sheet footings increased by 42.12% to $1.35 billion during the 12 months ended June 30, 2026. Net loans grew to $677.13 million over http://www.streetinsider.com/Business+Wire/Merchants+%26amp%3B+Marine+Bancorp%2C+Inc.+Announces+Second+Quarter+Financial+Results+and+Share+Repurchase+Program/26889939.html Fri, 07 Aug 2026 12:52:00 -0400 A.10001862 MNMB O.00025793 O.00042782 http://www.streetinsider.com/Business+Wire/Merchants+%26amp%3B+Marine+Bancorp%2C+Inc.+Announces+Second+Quarter+Financial+Results+and+Share+Repurchase+Program/26889939.html <p> PASCAGOULA, Miss.--(BUSINESS WIRE)-- Merchants &amp; Marine Bancorp, Inc. (OTCQX: MNMB), the parent company of Merchants &amp; Marine Bank, reported net income available to common shareholders through the second quarter of 2026 of $11.37 million, or $8.36 per share, compared with earnings of $875 thousand, or $0.66 per share, in the same period of the prior year. Gross income through the second quarter totaled $53.31 million, an increase of 109.8% from the prior year. Balance sheet footings increased by 42.12% to $1.35 billion during the 12 months ended June 30, 2026. Net loans grew to $677.13 million over http://www.streetinsider.com/Business+Wire/Merchants+%26amp%3B+Marine+Bancorp%2C+Inc.+Announces+Second+Quarter+Financial+Results+and+Share+Repurchase+Program/26889939.html Fri, 07 Aug 2026 12:52:00 -0400 A.10001862 MNMB O.00025793 O.00042782 http://www.streetinsider.com/Business+Wire/Merchants+%26amp%3B+Marine+Bancorp%2C+Inc.+Announces+Second+Quarter+Financial+Results+and+Share+Repurchase+Program/26889939.html <p> PASCAGOULA, Miss.--(BUSINESS WIRE)-- Merchants &amp; Marine Bancorp, Inc. (OTCQX: MNMB), the parent company of Merchants &amp; Marine Bank, reported net income available to common shareholders through the second quarter of 2026 of $11.37 million, or $8.36 per share, compared with earnings of $875 thousand, or $0.66 per share, in the same period of the prior year. Gross income through the second quarter totaled $53.31 million, an increase of 109.8% from the prior year. Balance sheet footings increased by 42.12% to $1.35 billion during the 12 months ended June 30, 2026. Net loans grew to $677.13 million over http://www.streetinsider.com/Business+Wire/Merchants+%26amp%3B+Marine+Bancorp%2C+Inc.+Announces+Second+Quarter+Financial+Results+and+Share+Repurchase+Program/26889939.html Fri, 07 Aug 2026 12:52:00 -0400 A.10001862 MNMB O.00025793 O.00042782 http://www.streetinsider.com/Business+Wire/Merchants+%26amp%3B+Marine+Bancorp%2C+Inc.+Announces+Second+Quarter+Financial+Results+and+Share+Repurchase+Program/26889939.html <p> PASCAGOULA, Miss.--(BUSINESS WIRE)-- Merchants &amp; Marine Bancorp, Inc. (OTCQX: MNMB), the parent company of Merchants &amp; Marine Bank, reported net income available to common shareholders through the second quarter of 2026 of $11.37 million, or $8.36 per share, compared with earnings of $875 thousand, or $0.66 per share, in the same period of the prior year. Gross income through the second quarter totaled $53.31 million, an increase of 109.8% from the prior year. Balance sheet footings increased by 42.12% to $1.35 billion during the 12 months ended June 30, 2026. Net loans grew to $677.13 million over http://www.streetinsider.com/Business+Wire/Merchants+%26amp%3B+Marine+Bancorp%2C+Inc.+Announces+Second+Quarter+Financial+Results+and+Share+Repurchase+Program/26889939.html Fri, 07 Aug 2026 12:52:00 -0400 A.10001862 MNMB O.00025793 O.00042782 http://www.streetinsider.com/Press+Releases/Merchants+%26amp%3B+Marine+Bancorp%2C+Inc.+Announces+First+Quarter+Financial+Results/26469518.html <p> PASCAGOULA, Miss.--(BUSINESS WIRE)-- Merchants &amp; Marine Bancorp, Inc. (OTCQX: MNMB), the parent company of Merchants &amp; Marine Bank, reported net income for the first quarter of 2026 of $346 thousand, or $0.26 per share, compared with earnings of $814 thousand, or $0.52 per share, in the same period of the prior year. Net income available to common shareholders, net of preferred dividends, totaled $0.07 per share. Gross income in the first quarter totaled $13.57 million, an increase of 17.99% from the prior year. Balance sheet footings increased by 2.16% to $961.56 million during the quarter. Net loans http://www.streetinsider.com/Press+Releases/Merchants+%26amp%3B+Marine+Bancorp%2C+Inc.+Announces+First+Quarter+Financial+Results/26469518.html Mon, 11 May 2026 16:24:00 -0400 A.10001862 MNMB O.00025793 O.00042782 http://www.streetinsider.com/Press+Releases/Merchants+%26amp%3B+Marine+Bancorp%2C+Inc.+Announces+First+Quarter+Financial+Results/26469518.html <p> PASCAGOULA, Miss.--(BUSINESS WIRE)-- Merchants &amp; Marine Bancorp, Inc. (OTCQX: MNMB), the parent company of Merchants &amp; Marine Bank, reported net income for the first quarter of 2026 of $346 thousand, or $0.26 per share, compared with earnings of $814 thousand, or $0.52 per share, in the same period of the prior year. Net income available to common shareholders, net of preferred dividends, totaled $0.07 per share. Gross income in the first quarter totaled $13.57 million, an increase of 17.99% from the prior year. Balance sheet footings increased by 2.16% to $961.56 million during the quarter. Net loans http://www.streetinsider.com/Press+Releases/Merchants+%26amp%3B+Marine+Bancorp%2C+Inc.+Announces+First+Quarter+Financial+Results/26469518.html Mon, 11 May 2026 16:24:00 -0400 A.10001862 MNMB O.00025793 O.00042782 http://www.streetinsider.com/Press+Releases/Merchants+%26amp%3B+Marine+Bancorp%2C+Inc.+Announces+First+Quarter+Financial+Results/26469518.html <p> PASCAGOULA, Miss.--(BUSINESS WIRE)-- Merchants &amp; Marine Bancorp, Inc. (OTCQX: MNMB), the parent company of Merchants &amp; Marine Bank, reported net income for the first quarter of 2026 of $346 thousand, or $0.26 per share, compared with earnings of $814 thousand, or $0.52 per share, in the same period of the prior year. Net income available to common shareholders, net of preferred dividends, totaled $0.07 per share. Gross income in the first quarter totaled $13.57 million, an increase of 17.99% from the prior year. Balance sheet footings increased by 2.16% to $961.56 million during the quarter. Net loans http://www.streetinsider.com/Press+Releases/Merchants+%26amp%3B+Marine+Bancorp%2C+Inc.+Announces+First+Quarter+Financial+Results/26469518.html Mon, 11 May 2026 16:24:00 -0400 A.10001862 MNMB O.00025793 O.00042782 http://www.streetinsider.com/Press+Releases/Merchants+%26amp%3B+Marine+Bancorp%2C+Inc.+Announces+First+Quarter+Financial+Results/26469518.html <p> PASCAGOULA, Miss.--(BUSINESS WIRE)-- Merchants &amp; Marine Bancorp, Inc. (OTCQX: MNMB), the parent company of Merchants &amp; Marine Bank, reported net income for the first quarter of 2026 of $346 thousand, or $0.26 per share, compared with earnings of $814 thousand, or $0.52 per share, in the same period of the prior year. Net income available to common shareholders, net of preferred dividends, totaled $0.07 per share. Gross income in the first quarter totaled $13.57 million, an increase of 17.99% from the prior year. Balance sheet footings increased by 2.16% to $961.56 million during the quarter. Net loans http://www.streetinsider.com/Press+Releases/Merchants+%26amp%3B+Marine+Bancorp%2C+Inc.+Announces+First+Quarter+Financial+Results/26469518.html Mon, 11 May 2026 16:24:00 -0400 A.10001862 MNMB O.00025793 O.00042782 http://www.streetinsider.com/Business+Wire/Merchants+%26amp%3B+Marine+Bancorp%2C+Inc.+Announces+First+Quarter+Financial+Results/26469518.html <p> PASCAGOULA, Miss.--(BUSINESS WIRE)-- Merchants &amp; Marine Bancorp, Inc. (OTCQX: MNMB), the parent company of Merchants &amp; Marine Bank, reported net income for the first quarter of 2026 of $346 thousand, or $0.26 per share, compared with earnings of $814 thousand, or $0.52 per share, in the same period of the prior year. Net income available to common shareholders, net of preferred dividends, totaled $0.07 per share. Gross income in the first quarter totaled $13.57 million, an increase of 17.99% from the prior year. Balance sheet footings increased by 2.16% to $961.56 million during the quarter. Net loans http://www.streetinsider.com/Business+Wire/Merchants+%26amp%3B+Marine+Bancorp%2C+Inc.+Announces+First+Quarter+Financial+Results/26469518.html Mon, 11 May 2026 16:24:00 -0400 A.10001862 MNMB O.00025793 O.00042782 http://www.streetinsider.com/Business+Wire/Merchants+%26amp%3B+Marine+Bancorp%2C+Inc.+Announces+First+Quarter+Financial+Results/26469518.html <p> PASCAGOULA, Miss.--(BUSINESS WIRE)-- Merchants &amp; Marine Bancorp, Inc. (OTCQX: MNMB), the parent company of Merchants &amp; Marine Bank, reported net income for the first quarter of 2026 of $346 thousand, or $0.26 per share, compared with earnings of $814 thousand, or $0.52 per share, in the same period of the prior year. Net income available to common shareholders, net of preferred dividends, totaled $0.07 per share. Gross income in the first quarter totaled $13.57 million, an increase of 17.99% from the prior year. Balance sheet footings increased by 2.16% to $961.56 million during the quarter. Net loans http://www.streetinsider.com/Business+Wire/Merchants+%26amp%3B+Marine+Bancorp%2C+Inc.+Announces+First+Quarter+Financial+Results/26469518.html Mon, 11 May 2026 16:24:00 -0400 A.10001862 MNMB O.00025793 O.00042782 http://www.streetinsider.com/Business+Wire/Merchants+%26amp%3B+Marine+Bancorp%2C+Inc.+Announces+First+Quarter+Financial+Results/26469518.html <p> PASCAGOULA, Miss.--(BUSINESS WIRE)-- Merchants &amp; Marine Bancorp, Inc. (OTCQX: MNMB), the parent company of Merchants &amp; Marine Bank, reported net income for the first quarter of 2026 of $346 thousand, or $0.26 per share, compared with earnings of $814 thousand, or $0.52 per share, in the same period of the prior year. Net income available to common shareholders, net of preferred dividends, totaled $0.07 per share. Gross income in the first quarter totaled $13.57 million, an increase of 17.99% from the prior year. Balance sheet footings increased by 2.16% to $961.56 million during the quarter. Net loans http://www.streetinsider.com/Business+Wire/Merchants+%26amp%3B+Marine+Bancorp%2C+Inc.+Announces+First+Quarter+Financial+Results/26469518.html Mon, 11 May 2026 16:24:00 -0400 A.10001862 MNMB O.00025793 O.00042782 http://www.streetinsider.com/Business+Wire/Merchants+%26amp%3B+Marine+Bancorp%2C+Inc.+Announces+First+Quarter+Financial+Results/26469518.html <p> PASCAGOULA, Miss.--(BUSINESS WIRE)-- Merchants &amp; Marine Bancorp, Inc. (OTCQX: MNMB), the parent company of Merchants &amp; Marine Bank, reported net income for the first quarter of 2026 of $346 thousand, or $0.26 per share, compared with earnings of $814 thousand, or $0.52 per share, in the same period of the prior year. Net income available to common shareholders, net of preferred dividends, totaled $0.07 per share. Gross income in the first quarter totaled $13.57 million, an increase of 17.99% from the prior year. Balance sheet footings increased by 2.16% to $961.56 million during the quarter. Net loans http://www.streetinsider.com/Business+Wire/Merchants+%26amp%3B+Marine+Bancorp%2C+Inc.+Announces+First+Quarter+Financial+Results/26469518.html Mon, 11 May 2026 16:24:00 -0400 A.10001862 MNMB O.00025793 O.00042782 http://www.streetinsider.com/Mergers+and+Acquisitions/Merchants+%26+Marine+Bancorp+completes+Farmers-Merchants+Bank+acquisition/26260720.html <p>Merchants & Marine Bancorp, Inc. (OTCQX: MNMB) completed its acquisition of Farmers-Merchants Bank & Trust Company on April 1, according to a company statement. The all-cash transaction merged the Louisiana-based bank into Merchants & Marine Bank, expanding operations into Louisiana's Acadiana Region.</p> <p>Farmers-Merchants Bank will operate as "FM Bank, a Division of Merchants & Marine Bank" under its existing brand. Fred Mills, the former FM Bank leader, joined as FM Bank Divisional President and Chief Executive Officer.</p> <p>The acquisition creates combined assets of approximately $1.3 billion, gross loans of about $691 million, and deposits of roughly $951 million, based on unaudited figures http://www.streetinsider.com/Mergers+and+Acquisitions/Merchants+%26+Marine+Bancorp+completes+Farmers-Merchants+Bank+acquisition/26260720.html Wed, 01 Apr 2026 18:01:13 -0400 A.02242873 A.26613894 A.29867549 MNMB O.00005320 O.00025793 O.00053028 O.01270007 http://www.streetinsider.com/Mergers+and+Acquisitions/Merchants+%26+Marine+Bancorp+completes+Farmers-Merchants+Bank+acquisition/26260720.html <p>Merchants & Marine Bancorp, Inc. (OTCQX: MNMB) completed its acquisition of Farmers-Merchants Bank & Trust Company on April 1, according to a company statement. The all-cash transaction merged the Louisiana-based bank into Merchants & Marine Bank, expanding operations into Louisiana's Acadiana Region.</p> <p>Farmers-Merchants Bank will operate as "FM Bank, a Division of Merchants & Marine Bank" under its existing brand. Fred Mills, the former FM Bank leader, joined as FM Bank Divisional President and Chief Executive Officer.</p> <p>The acquisition creates combined assets of approximately $1.3 billion, gross loans of about $691 million, and deposits of roughly $951 million, based on unaudited figures http://www.streetinsider.com/Mergers+and+Acquisitions/Merchants+%26+Marine+Bancorp+completes+Farmers-Merchants+Bank+acquisition/26260720.html Wed, 01 Apr 2026 18:01:13 -0400 A.02242873 A.26613894 A.29867549 MNMB O.00005320 O.00025793 O.00053028 O.01270007 http://www.streetinsider.com/Mergers+and+Acquisitions/Merchants+%26+Marine+Bancorp+completes+Farmers-Merchants+Bank+acquisition/26260720.html <p>Merchants & Marine Bancorp, Inc. (OTCQX: MNMB) completed its acquisition of Farmers-Merchants Bank & Trust Company on April 1, according to a company statement. The all-cash transaction merged the Louisiana-based bank into Merchants & Marine Bank, expanding operations into Louisiana's Acadiana Region.</p> <p>Farmers-Merchants Bank will operate as "FM Bank, a Division of Merchants & Marine Bank" under its existing brand. Fred Mills, the former FM Bank leader, joined as FM Bank Divisional President and Chief Executive Officer.</p> <p>The acquisition creates combined assets of approximately $1.3 billion, gross loans of about $691 million, and deposits of roughly $951 million, based on unaudited figures http://www.streetinsider.com/Mergers+and+Acquisitions/Merchants+%26+Marine+Bancorp+completes+Farmers-Merchants+Bank+acquisition/26260720.html Wed, 01 Apr 2026 18:01:13 -0400 A.02242873 A.26613894 A.29867549 MNMB O.00005320 O.00025793 O.00053028 O.01270007 http://www.streetinsider.com/Mergers+and+Acquisitions/Merchants+%26+Marine+Bancorp+completes+Farmers-Merchants+Bank+acquisition/26260720.html <p>Merchants & Marine Bancorp, Inc. (OTCQX: MNMB) completed its acquisition of Farmers-Merchants Bank & Trust Company on April 1, according to a company statement. The all-cash transaction merged the Louisiana-based bank into Merchants & Marine Bank, expanding operations into Louisiana's Acadiana Region.</p> <p>Farmers-Merchants Bank will operate as "FM Bank, a Division of Merchants & Marine Bank" under its existing brand. Fred Mills, the former FM Bank leader, joined as FM Bank Divisional President and Chief Executive Officer.</p> <p>The acquisition creates combined assets of approximately $1.3 billion, gross loans of about $691 million, and deposits of roughly $951 million, based on unaudited figures http://www.streetinsider.com/Mergers+and+Acquisitions/Merchants+%26+Marine+Bancorp+completes+Farmers-Merchants+Bank+acquisition/26260720.html Wed, 01 Apr 2026 18:01:13 -0400 A.02242873 A.26613894 A.29867549 MNMB O.00005320 O.00025793 O.00053028 O.01270007 http://www.streetinsider.com/Mergers+and+Acquisitions/Merchants+%26+Marine+Bancorp+completes+Farmers-Merchants+Bank+acquisition/26260720.html <p>Merchants & Marine Bancorp, Inc. (OTCQX: MNMB) completed its acquisition of Farmers-Merchants Bank & Trust Company on April 1, according to a company statement. The all-cash transaction merged the Louisiana-based bank into Merchants & Marine Bank, expanding operations into Louisiana's Acadiana Region.</p> <p>Farmers-Merchants Bank will operate as "FM Bank, a Division of Merchants & Marine Bank" under its existing brand. Fred Mills, the former FM Bank leader, joined as FM Bank Divisional President and Chief Executive Officer.</p> <p>The acquisition creates combined assets of approximately $1.3 billion, gross loans of about $691 million, and deposits of roughly $951 million, based on unaudited figures http://www.streetinsider.com/Mergers+and+Acquisitions/Merchants+%26+Marine+Bancorp+completes+Farmers-Merchants+Bank+acquisition/26260720.html Wed, 01 Apr 2026 18:01:13 -0400 A.02242873 A.26613894 A.29867549 MNMB O.00005320 O.00025793 O.00053028 O.01270007