Merchants and Planters Bank in Raymond, Mississippi (MS)
Overview, Financial Summary, Detailed Financial Reports, Branches


Merchants and Planters Bank - Overview

  • General
  • FDIC Certificate #: 327
    Status: Active
    Federal Reserve ID: 579636
    Date Established: Febuary 01, 1906
    WWW: http://www.mpbank.net
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 12538
    FDIC's unique #: 263
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Other Specialized Lending < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 308 Raymond Square, Raymond, MS 39154
    County: Hinds
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Jackson Ms
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Jackson, MS (#3560)
    Combined Statistical Area (CSA): Jackson-Yazoo City, MS (#298)
    Core Based Statistical Area (CBSA): Jackson, MS (#27140)
    CBSA Metro Statistical Area: Jackson, MS (#27140)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $81.4 mil
    Equity capital: $7.7 mil
    Deposits held in domestic offices: $72.6 mil
    Return on assets (ROA): -0.11% (-$0.1 mil)
    Quarterly return on assets: 0.47% ($0.4 mil)
    Return on Equity (ROE): -1.14% (-$0.1 mil)
    Quarterly return on equity: 4.97% ($0.4 mil)
    Net income: -$0.1 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: -0.11% (-$89.5 mil)
    Quarterly Pretax return on assets: 0.47% ($382.4 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 37Total employees (full-time equivalent)
  • $81,356Total assets
  • $4,905Cash and due from depository institutions
  • $805Interest-bearing balances
  • $29,356Securities
  • $10,390Federal funds sold & reverse repurchase agreements
  • $28,120Net loans & leases
  • $1,216Loan loss allowance
  • $0Trading account assets
  • $2,017Bank premises and fixed assets
  • $1,940Other real estate owned
  • $0Goodwill and other intangibles
  • $81,356Life insurance assets
  • $4,628All other assets
  • $73,622Total liabilities and capital
  • $72,585Total liabilities
  • $54,761Total deposits
  • $72,585Interest-bearing deposits
  • $86Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $866Trading liabilities
  • $0Other borrowed funds
  • $171Subordinated debt
  • $7,734All other liabilities
  • $7,734Total equity capital
  • $7,734Total bank equity capital
  • $0Perpetual preferred stock
  • $100Common stock
  • $2,900Surplus
  • $4,734Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,429Income earned, not collected on loans
  • $0Earning assets
  • $305Long-term assets (5+ years)
  • $68,671Average Assets, year-to-date
  • $37,826Average Assets, quarterly
  • $81,991Volatile liabilities
  • $80,876Insider loans
  • $39,850FHLB advances
  • $79,228Loans and leases held for sale
  • $2,427Unused loan commitments
  • $1,216Tier 1 (core) risk-based capital
  • $7,005Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,211Total unused commitments
  • $1,321Restructured Loans and leases
  • $730Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,701Total interest income
  • $385Total interest expense
  • $2,316Net interest income
  • -$17Provision for loan and lease losses
  • $548Total noninterest income
  • $0Fiduciary activities
  • $246Service charges on deposit accounts
  • $0Trading account gains & fees
  • $302Additional noninterest income
  • $3,129Total noninterest expense
  • $1,519Salaries and employee benefits
  • $573Premises and equipment expense
  • $1,037Additional noninterest expense
  • -$248Pre-tax net operating income
  • $160Securities gains (losses)
  • $0Applicable income taxes
  • -$88Income before extraordinary items
  • $0Extraordinary gains - net
  • -$88Net income attributable to bank
  • $0Net charge-offs
  • -$88Cash dividends
  • $350Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.99%Yield on earning assets
  • 0.57%Cost of funding earning assets
  • 3.42%Net interest margin
  • 0.81%Noninterest income to earning assets
  • 4.62%Noninterest expense to earning assets
  • -0.30%Net operating income to assets
  • -0.11%Return on assets (ROA)
  • -0.11%Pretax return on assets
  • -1.14%Return on equity (ROE)
  • -1.14%Retained earnings to average equity (YTD only)
  • 1.08%Net charge-offs to loans
  • -4.86%Credit loss provision to net charge-offs
  • -0.76%Efficiency ratio
  • 109,253Assets per employee
  • 2.20%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.15%Loss allowance to noncurrent loans
  • 85.09%Noncurrent assets plus other real estate owned to assets
  • 4.14%Noncurrent loans to loans
  • 4.87%Net loans and leases to deposits
  • 38.74%Net loans and leases to core deposits
  • 40.58%Equity capital to assets
  • 9.51%Core capital (leverage) ratio
  • 8.84%Tier 1 risk-based capital ratio
  • 17.58%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $81,991Average earning assets
  • $7,725Average equity
  • $67,758Average loans

List of branches

  • 5 Mississippi Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0263Merchants And Planters Bank308 Raymond Square, Raymond, MS 39154Febuary 01, 1906Full Service Brick and Mortar
    1181531Highway 18 Branch13010 Highway 18, Raymond, MS 39154May 16, 1979Full Service Brick and Mortar
    26012Bolton Branch217 Madison Street, Bolton, MS 39041January 01, 1910Full Service Brick and Mortar
    3181532Clinton Branch133 Highway 80 East, Clinton, MS 39056December 22, 1992Full Service Brick and Mortar
    4459420Merchants And Planters Bank Loan Pro1775 Lelia Drive, Suite B, Jackson, MS 39216Febuary 14, 2007Limited Service Loan Production

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