Merchants & Marine Bank, Financial Information

About Merchants & Marine Bank

 Address:
3118 Pascagoula Street
Pascagoula, MS
Jackson County, Mississippi
 Established:
Jan 1932
 Number of domestic offices:
14
Total assets$647M
Net income$4M
Net income, quarterly$0M
Total deposits$553M
Domestic deposits$553M
Equity capital$79M
ROA0.66%
ROAQ, quarterly0.19%
ROA, pretax0.19%
ROAQ, quarterly, pretax0.3%
ROE5.28%
ROEQ, quarterly1.54%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Merchants & Marine Bank was established January 11, 1932 by a group of visionary citizens. The Bank has grown from $25,000 to over $600 million in assets. M & M Bank began with two small offices and has grown to thirteen offices serving Jackson and George Counties as well as Alabama.

The offices are conveniently located in Pascagoula, Moss Point, Gautier, Escatawpa, Wade, Hurley, Ocean Springs, St. Martin and Lucedale. Alabama locations include Gulf Shores and Crossville. From the original handful of investors, the ownership has grown to nearly one thousand shareholders. A one-bank holding company was approved by the shareholders in April 2008, and the stock is now held in the name of Merchants & Marine Bancorp, Inc.

Merchants & Marine Bank has been named one of the Top 200 Community Banks by U.S. Banker magazine, and has been awarded numerous times a 5-Star Superior rating for financial strength and stability from BauerFinancial, Inc. indicating that Merchants & Marine Bank is one of the strongest banks in the nation.

Pascagoula Branch
3118 Pascagoula Street
Pascagoula, MS

Escatawpa Branch
7616 Highway 613
Moss Point, MS

Bel Air Branch
2600 Old Mobile Highway
Pascagoula, MS

Gautier Branch
2235 Highway 90 West
Gautier, MS

Market Street Branch
1825 Market Street
Pascagoula, MS

Ocean Springs Branch
2802 Bienville Boulevard
Ocean Springs, MS

Moss Point Branch
4619 Main Street
Moss Point, MS

Wade Branch
16831 Highway 63
Wade, MS 39562

St. Martin Branch
6416 Washington Avenue
Ocean Springs, MS

Hurley Branch
21536 Highway 613
Moss Point, MS

Lucedale Branch
11283 Highway 63 South
Lucedale, MS Gulf Shores Branch
1820 Gulf Shores Parkway
Gulf Shores, AL

Crossville Branch
8331 Alabama Hwy 227
Crossville, AL