Merchants & Marine Bancorp, Inc. (MNMB)

MNMB Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	49.02	33.46	66.12	26.76	172.69	130.29
Investment Securities	141.28	142.18	145.71	208.54	112.1	112.34
Total Investments	141.28	142.18	145.71	208.54	112.1	112.34
Gross Loans	466.47	470.65	425.69	402.39	350.8	363.57
Allowance for Loan Losses	-6.32	-6.29	-7.68	-3.57	-3.61	-4.16
Net Loans	460.15	464.36	418.01	398.82	347.19	359.41
Property, Plant & Equipment	32.96	30.72	26.81	23.68	23.05	20.63
Other Real Estate Owned & Foreclosed	-	-	0.02	-	0.25	0.19
Other Long-Term Assets	46.86	46.15	30.18	28.85	26.7	27.14
Total Assets	730.27	716.86	686.86	686.66	681.97	649.99
Interest Bearing Deposits	162.45	162.89	134.56	158.41	173.02	168.7
Non-Interest Bearing Deposits	425.03	410.64	363.57	395.28	414.98	384.39
Total Deposits	587.49	573.53	498.13	553.69	588	553.09
Short-Term Borrowings	6.28	4.34	53.63	4.17	4.05	3.98
Other Current Liabilities	0.4	0.73	0.73	0.73	0.73	0.73
Other Long-Term Liabilities	8.79	12.21	10.61	7.18	7.08	10.38
Total Liabilities	602.96	590.81	563.11	565.77	599.86	568.18
Preferred Stock, Non-Redeemable	50.6	50.6	50.6	50.6	-	-
Total Preferred Equity	50.6	50.6	50.6	50.6	-	-
Common Stock	3.33	3.33	3.33	3.33	3.33	3.33
Retained Earnings	71.36	71.19	67.72	67.14	66.1	65.84
Comprehensive Income & Other	2.03	0.94	2.11	-0.17	12.69	12.65
Total Common Equity	76.72	75.46	73.15	70.3	82.11	81.81
Shareholders' Equity	127.31	126.05	123.75	120.89	82.11	81.81
Total Liabilities & Equity	730.27	716.86	686.86	686.66	681.97	649.99
Total Debt	6.28	4.34	53.63	4.17	4.05	3.98
Net Cash (Debt)	42.74	29.13	12.49	22.59	168.63	126.31
Net Cash Growth	-	133.23%	-44.73%	-86.60%	33.51%	108.36%
Net Cash Per Share	38.43	24.02	9.40	16.99	126.59	94.96
Filing Date Shares Outstanding	0.92	0.85	1.32	1.33	1.32	1.33
Total Common Shares Outstanding	0.92	0.85	1.32	1.33	1.32	1.33
Book Value Per Share	83.39	88.64	55.29	52.87	61.97	61.61
Tangible Book Value	76.72	75.46	73.15	70.3	82.11	81.81
Tangible Book Value Per Share	83.39	88.64	55.29	52.87	61.97	61.61

Source: S&P Global Market Intelligence. Banks template. Financial Sources.