Merchants & Marine Bank

Merchants & Marine Bank is headquartered in Pascagoula and is the 16^st largest bank in the state of Mississippi. It is also the 1,070^th largest bank in the nation. It was established in 1932 and as of March of 2012, it had grown to 145 employees at 13 locations. Merchants & Marine Bank has a 3-star health rating.

Merchants & Marine Bank Routing Number: 065301362

Data for Q1 2012

Institution Statistics Merchants & Marine Bank FDIC Certificate # 12203 BankRate Report View Year Established 1932 Employees 145 Primary Regulator FDIC Assets and Liabilities Assets $624.17 million Loans $227.47 million Deposits $534.41 million Equity Capital $53.82 million Loan Loss Allowance $3.74 million Unbacked Noncurrent Loans $6.29 million Real Estate Owned $5.74 million Historic Data - March 2011 Assets $577.23 million Equity Capital $52.06 million Loan Loss Allowance $3.27 million Unbacked Noncurrent Loans $5.43 million Real Estate Owned $2.80 million Profit Margin - Quarterly Net Interest Margin 3.27% Return on Assets 0.75% Return on Equity 8.19% Interest Income $5.10 million

Institution Health Overall Score: 3 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 & Marine Bank had $12.03 million in non-current loans and owned real-estate with $57.56 million in equity and loan loss allowances on hand to cover it. This gives Merchants & Marine Bank a Texas Ratio of 20.91% 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 & Marine Bank increased slightly from 15.09% as of March 31, 2011 to 20.91% as of March 31, 2012, resulting in a negative change of 38.52%. This indicates that the balance sheet and financial strength for Merchants & Marine Bank has declined slightly in recent periods. Deposit Growth In the past year, Merchants & Marine Bank has increased its total deposits by $39.62 million, resulting in 8.01% 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 & Marine 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 & Marine Bank has $624.16 million in assets with $57.56 million in equity, resulting in a capitalization level of 9.22%, which is average.

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