PackageTrendsPeer
Letter portraitLegal landscape

Merchants & Marine Bank

Pascagoula, MS · Cert 12203 · Merchants&Marine Bcorp Inc.

State charter, non-member · FDIC · 24 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks $1B-$10B in assets operating regionally3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Banks $1B-$10B in assets operating regionally (n=176). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

55

Q2 2024Q2 2026peer median (50)

Asset Quality

29

Q2 2024Q2 2026peer median (50)

Profitability

70

Q2 2024Q2 2026peer median (50)

Liquidity

0

Q2 2024Q2 2026peer median

Efficiency

11

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Merchants & Marine Bank

Pascagoula, MS · Cert 12203 · Merchants&Marine Bcorp Inc.

State charter, non-member · FDIC · 24 branches

Q2 2026

$1.3BAssets
$685.0MLoans
$1.0BDeposits
$130.2MEquity
Loan mix
84%RE $374.8M14%C&I $63.9M2%Consumer $8.6MQ2 2025Q2 2026
Deposit mix
78%Interest-bearing $787.0M22%Noninterest $219.7MQ2 2025Q2 2026

NIM

4.84%Q2 ’244.83%Q2 ’254.13%Q2 ’26-1%-24%

Non-interest income vs. expense

4.88%Q2 ’244.63%Q2 ’255.26%Q2 ’26+3%-59%

Market Position · Gulfport-Biloxi, MS · 2026 SOD (annual) · 4.9% share · #6 of 16 inst. · $0.4B of $8.5B

15.9% Jackson
35.0% St. Martin
20.2% Plaquemines
1.1% Baldwin

Executive Summary

  • Earnings: ROA of 2.22%, up 183 bps year over year; NIM at 3.25%.
  • Asset quality: problem loans at 1.94% of loans (+151 bps YoY), with net charge-offs at 0.02%.
  • Capital: tier 1 leverage ratio of 8.83%, down 205 bps from a year ago.
  • Funding: loans stand at 68.04% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

2.22%+183 bps YoY

Net Interest Margin (YTD, annualized)

3.25%-101 bps YoY

Efficiency Ratio (YTD, annualized)

75.80%-1,391 bps YoY

Tier 1 Leverage Ratio

8.83%-205 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.39%0.48%0.52%0.15%2.22%+183 bps
Return on Equity3.40%4.29%4.73%1.45%22.13%+1,873 bps
Net Interest Margin4.26%3.94%3.96%3.71%3.25%-101 bps
Efficiency Ratio89.70%87.87%87.44%97.65%75.80%-1,391 bps
Non-Interest Burden3.67%3.31%3.31%3.56%1.52%-215 bps
Growth
Asset Growth (YoY)21.99%30.76%31.45%31.68%42.22%+2,023 bps
Loan Growth (YoY)3.59%3.35%-4.35%-4.10%45.45%+4,186 bps
Deposit Growth (YoY)3.31%3.66%4.08%6.04%56.78%+5,347 bps
Asset Quality
Nonperforming Loans / Loans0.43%1.59%1.75%1.55%1.94%+151 bps
Net Charge-Offs / Loans0.06%0.07%0.32%-0.03%0.02%-4 bps
Allowance / Loans1.42%1.42%1.19%1.20%1.14%-28 bps
Allowance Coverage of NPLs3.3x0.9x0.7x0.8x0.6x-2.7x
Capital
Tier 1 Leverage Ratio10.88%10.07%10.16%10.12%8.83%-205 bps
Total Risk-Based Capital17.66%17.84%18.87%16.28%14.55%-311 bps
Equity / Assets9.71%10.06%10.41%10.21%9.65%-6 bps
Liquidity & Funding
Loans / Deposits73.34%74.30%71.45%68.05%68.04%-530 bps
Liquid Assets / Assets7.29%6.87%9.10%3.39%7.73%+43 bps
CRE / Total Capitaln/a278%260%260%n/an/a

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

Merchants & Marine Bank

Pascagoula, MS · Cert 12203 · Peer group: banks $1B-$10B in assets operating regionally (n=176) · Merchants&Marine Bcorp Inc.

State charter, non-member · FDIC · 24 branches

Q2 2026

$1.3BAssets
$685.0MLoans
$1.0BDeposits
$130.2MEquity

Executive Summary

  • Strongest standing: return on equity outperforms 94% of banks $1B-$10B in assets operating regionally (rank 11 of 176).
  • Widest gap: nonperforming loans / loans trails 90% of banks $1B-$10B in assets operating regionally (rank 160 of 176).
  • Overall: at or above the peer median on 4 of 9 directional measures.

Return on Assets

1.78%

Rank 18 of 176

Net Interest Margin

3.25%

Rank 132 of 176

Efficiency Ratio

75.80%

Rank 158 of 176

Equity / Assets

9.65%

Rank 118 of 176

Non-interest income vs. expense

$50.7M$71.3MINCOMEEXPENSE
Unfavorable gap of $20.5M · efficiency ratio beats 11% of banks $1B-$10B in assets operating regionally
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.78%0.93%1.26%1.54%Beats 90%18 / 176
Return on Equity18.49%9.26%11.89%14.46%Beats 94%11 / 176
Net Interest Margin3.25%3.25%3.59%3.93%Beats 25%132 / 176
Efficiency Ratio75.80%52.79%59.55%67.66%Beats 11%158 / 176
Asset Quality
Nonperforming Loans / Loans1.94%0.30%0.64%1.32%Beats 10%160 / 176
Net Charge-Offs / Loans0.05%0.01%0.04%0.10%Beats 47%95 / 176
Capital
Tier 1 Capital Ratio13.62%11.15%12.72%14.15%Beats 68%57 / 176
Total Risk-Based Capital Ratio14.55%11.81%13.63%15.33%Beats 65%61 / 176
Equity / Assets9.65%9.16%10.35%11.80%Beats 33%118 / 176
Liquidity & Funding
Loans / Deposits68.04%80.94%89.73%97.21%6th pctl165 / 176
Loans / Assets50.79%69.25%75.12%80.82%2nd pctl172 / 176
Brokered Deposits / Depositsn/aNot reported for this institution