Merchants & Marine Bank
Major Rating Factors:
Good current capitalization (6.8 on a scale of 0 to 10) based on a risk-based capital ratio of 14.6 and a capital leverage ratio of 8.8. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.4 on a scale of 0 to 10).
Other Rating Factors:
Operating profits as a percentage of assets at 1.5%, coupled with a return on assets of 2.1 has resulted in Good (5.6) profitability. A current level of 10.3 percent of nonperforming loans to core capital combined with 2.1 percent from a year earlier contributes to the Good asset quality (5.3).
Asset Mix:
Securities (31%), comm re (21%), home mtgs (11%), cash (9%), comm loans (6%), home eq lns (2%), consumer loans (1%), other (19%)
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
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