Merchants & Marine Bank
Major Rating Factors:
Excellent current capitalization (8.7 on a scale of 0 to 10) based on a risk-based capital ratio of 18.9 and a capital leverage ratio of 10.2. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.9 on a scale of 0 to 10).
Other Rating Factors:
A current level of 7.8 percent of nonperforming loans to core capital combined with 5.0 percent from a year earlier contributes to the Good asset quality (5.1). Fair liquidity 4.7, driven by a liquidity ratio of 18.1 percent and a “hot money” ratio of 4.5 percent.
Asset Mix:
Securities (34%), comm re (19%), home mtgs (10%), cash (9%), comm loans (7%), home eq lns (2%), consumer loans (1%), other (18%)
States with Branches:
AL, LA, MS
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Merchants & Marine Bancorp, Inc.
Investment Rating
Address
3118 Pascagoula Street
Pascagoula, MS 39567
Pascagoula, MS 39567
Phone Number
(228) 769-3890
Year Founded
1899
FDIC Number
Website
Largest Affiliates
No affiliate information available.