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Merchants & Marine Bancorp, Inc. Announces First Quarter Financial Results

Mon, 11 May 2026 16:24:00 -0400

PASCAGOULA, Miss.--(BUSINESS WIRE)-- Merchants & Marine Bancorp, Inc. (OTCQX: MNMB), the parent company of Merchants & 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

Merchants & Marine Bancorp, Inc. Announces First Quarter Financial Results

Mon, 11 May 2026 16:24:00 -0400

Merchants & Marine Bancorp, Inc. Announces First Quarter Financial Results

Mon, 11 May 2026 16:24:00 -0400

Merchants & Marine Bancorp, Inc. Announces First Quarter Financial Results

Mon, 11 May 2026 16:24:00 -0400

Merchants & Marine Bancorp, Inc. Announces First Quarter Financial Results

Mon, 11 May 2026 16:24:00 -0400

Merchants & Marine Bancorp, Inc. Announces First Quarter Financial Results

Mon, 11 May 2026 16:24:00 -0400

Merchants & Marine Bancorp, Inc. Announces First Quarter Financial Results

Mon, 11 May 2026 16:24:00 -0400

Merchants & Marine Bancorp, Inc. Announces First Quarter Financial Results

Mon, 11 May 2026 16:24:00 -0400

Merchants & Marine Bancorp completes Farmers-Merchants Bank acquisition

Wed, 01 Apr 2026 18:01:13 -0400

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.

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.

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

Merchants & Marine Bancorp completes Farmers-Merchants Bank acquisition

Wed, 01 Apr 2026 18:01:13 -0400

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

Merchants & Marine Bancorp completes Farmers-Merchants Bank acquisition

Wed, 01 Apr 2026 18:01:13 -0400

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

Merchants & Marine Bancorp completes Farmers-Merchants Bank acquisition

Wed, 01 Apr 2026 18:01:13 -0400

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

Merchants & Marine Bancorp completes Farmers-Merchants Bank acquisition

Wed, 01 Apr 2026 18:01:13 -0400

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

Merchants & Marine Bancorp completes Farmers-Merchants Bank acquisition

Wed, 01 Apr 2026 18:01:13 -0400

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

Merchants & Marine Bancorp completes Farmers-Merchants Bank acquisition

Wed, 01 Apr 2026 18:01:13 -0400

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

Merchants & Marine Bancorp completes Farmers-Merchants Bank acquisition

Wed, 01 Apr 2026 18:01:13 -0400

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

Merchants & Marine Bancorp, Inc. Completes Acquisition of Farmers-Merchants Bank

Wed, 01 Apr 2026 18:01:00 -0400

PASCAGOULA, Miss.--(BUSINESS WIRE)-- Merchants & Marine Bancorp, Inc. (OTCQX: MNMB), (the “Company”), the parent company of Merchants & Marine Bank (the “Bank”), today announced the completion of its previously announced acquisition by merger of Farmers-Merchants Bank & Trust Company (“FM Bank”), Breaux Bridge, Louisiana, in which FM Bank was merged into the Bank in an all cash transaction. The acquisition, which was effective as of 12:01 AM Central Standard Daylight Time on April 1, 2026, expands the Company’s banking operations into the dynamic Acadiana Region of Louisiana.