Financial insights of MRBK

MyFinsight

For the quarter ending 2026-03-31, MRBK made $1,729K in revenue. $2,006K in net income. Net profit margin of 116.02%.

Income Overview

Revenue
$1,729K
Net Income
$2,006K
Net Profit Margin
116.02%
EPS
$0.17
Unit: Thousand (K) dollars

Income Statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Wealth management income	1,729	1,663*	1,610	1,492
Mortgage banking income	4,528	3,320*	5,914	5,762
Sba loan income	150	324*	1,431	1,988
Earnings on investment in life insurance	272	227*	246	240
Net gain on sale of msrs	-159	-297*	0	467
Net (loss) gain on sale of loans	-	-108*	-	-
Net change in the fair value of derivative instruments	-51	333*	129	-102
Net change in the fair value of loans held-for-sale	-380	166*	-75	171
Net change in the fair value of loans held-for-investment	-39	55*	213	190
Net loss on hedging activity	18	74*	-166	16
Net gain (loss) on sale of investments afs	-	125*	-	-
Other	969	1,440*	651	1,064
Total non-interest income	7,037	7,319*	9,953	11,288
Loans and other finance receivables, including fees	38,144	37,227*	40,477	38,697
Securities - taxable	1,847	1,741*	1,895	1,792
Securities - tax-exempt	323	326*	325	295
Cash and cash equivalents	398	542*	412	427
Total interest income	40,712	39,835*	43,109	41,211
Deposits	15,223	16,091*	17,418	17,301
Borrowings and subordinated debentures	2,287	2,478*	2,575	2,751
Total interest expense	17,510	18,569*	19,993	20,052
Net interest income	23,202	21,266*	23,116	21,159
Provision for credit losses - funded loans	7,438	-	-	-
Provision for credit losses - unfunded loans	55	-	-	-
Provision for credit losses	7,493	5,173*	2,850	3,803
Net interest income after provision for credit losses	15,709	16,093*	20,266	17,356
Salaries and employee benefits	12,386	11,092*	13,613	13,179
Occupancy and equipment	1,183	1,534*	991	1,037
Professional fees	974	711*	1,092	1,164
Data processing and software	1,973	1,675*	1,865	1,706
Advertising and promotion	692	646*	877	1,277
Pennsylvania bank shares tax	258	232*	254	269
Other	2,692	3,061*	2,854	2,725
Total non-interest expense	20,158	18,949*	21,546	21,357
Income before income taxes	2,588	4,463*	8,673	7,287
Income tax expense	582	1,003*	2,014	1,695
Net income	2,006	3,460	6,659	5,592

Basic EPS	0.17	0.303	0.59	0.5
Diluted EPS	0.17	0.296	0.58	0.49
Basic Average Shares	11,811,000	11,425,000	11,325,000	11,228,000
Diluted Average Shares	12,153,000	11,682,000	11,540,000	11,392,000

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

MyFinsight

Income Overview

Revenue
$1,729K
Net Income
$2,006K
Net Profit Margin
116.02%
EPS
$0.17
Unit: Thousand (K) dollars

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

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Income Overview

Revenue
$1,729K
Net Income
$2,006K
Net Profit Margin
116.02%
EPS
$0.17
Unit: Thousand (K) dollars

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

DownloadDownload image

Income Overview

Revenue$1,729KNet Income$2,006KNet Profit Margin116.02%EPS$0.17Unit: Thousand (K) dollars

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

Income Overview

Revenue$1,729KNet Income$2,006KNet Profit Margin116.02%EPS$0.17Unit: Thousand (K) dollars

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

Revenue
$1,729K
Net Income
$2,006K
Net Profit Margin
116.02%
EPS
$0.17
Unit: Thousand (K) dollars

Revenue
$1,729K
Net Income
$2,006K
Net Profit Margin
116.02%
EPS
$0.17
Unit: Thousand (K) dollars