Merchants and Planters Bank

Merchants and Planters Bank is headquartered in Raymond and is the 72^nd largest bank in the state of Mississippi. It is also the 5,164^th largest bank in the nation. It was established in 1906 and as of March of 2012, it had grown to 36 employees at 5 locations. Merchants and Planters Bank has a 4-star health rating.

Data for Q1 2012

Institution Statistics Merchants and Planters Bank FDIC Certificate # 327 BankRate Report View Year Established 1906 Employees 36 Primary Regulator FDIC Assets and Liabilities Assets $91.98 million Loans $27.00 million Deposits $83.34 million Equity Capital $7.64 million Loan Loss Allowance $1.26 million Unbacked Noncurrent Loans $1.35 million Real Estate Owned $1.30 million Historic Data - March 2011 Assets $80.72 million Equity Capital $7.85 million Loan Loss Allowance $1.53 million Unbacked Noncurrent Loans $1.65 million Real Estate Owned $2.92 million Profit Margin - Quarterly Net Interest Margin 3.11% Return on Assets 0.35% Return on Equity 3.95% Interest Income $643,000

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Merchants and Planters Bank had $2.64 million in non-current loans and owned real-estate with $8.9 million in equity and loan loss allowances on hand to cover it. This gives Merchants and Planters Bank a Texas Ratio of 29.68% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Merchants and Planters Bank decreased slightly from 48.71% as of March 31, 2011 to 29.68% as of March 31, 2012, resulting in a positive change of 39.08%.This indicates that the balance sheet and financial strength for Merchants and Planters Bank has improved slightly in recent periods. Deposit Growth In the past year, Merchants and Planters Bank has increased its total deposits by $11.62 million, resulting in 16.2% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Merchants and Planters Bank has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Merchants and Planters Bank has $91.98 million in assets with $8.9 million in equity, resulting in a capitalization level of 9.68%, which is average.

No reviews have been left for this bank yet. Be the first to review.