For the quarter ending 2025-12-31, MSBB made $4,712,678 in revenue. $171,270 in net income. Net profit margin of 3.63%.
| Income Statement | 2025-12-31 | 2025-09-30 | 2025-06-30 | |
|---|---|---|---|---|
| Loans | 2,192,413 | 2,188,888 | 2,241,947 | |
| Investment securities | 83,536 | 84,494.333 | 83,546 | |
| Interest-bearing deposits and other | 63,957 | 70,759.667 | 77,138 | |
| Total interest income | 2,339,906 | 2,344,142 | 2,402,631 | |
| Deposits | 550,387 | 461,402.333 | 461,381 | |
| Federal home loan bank advances | 42,233 | 206,375.333 | 172,531 | |
| Total interest expense | 592,620 | 667,777.667 | 633,912 | |
| Net interest income | 1,747,286 | 1,676,364.333 | 1,768,719 | |
| Provision for credit losses | - | 9,333.333 | 38,000 | |
| Net interest income after provision for credit losses | 1,747,286 | 1,667,031 | 1,730,719 | |
| Service fees on deposits | 62,915 | 65,914.333 | 30,079 | |
| Late charges and fees on loans | 40,010 | 31,853 | 28,152 | |
| Gain on sale of loans | - | 5,985.333 | 8,968 | |
| Loan servicing fees | 7,286 | 9,588.667 | 6,344 | |
| Loss on sale of investments | -12,088 | - | - | |
| Gain on sale of foreclosed assets | 528 | 1,745.5 | - | |
| Bank owned life insurance | 12,206 | 10,216.333 | 16,625 | |
| Other income | 3,917 | 11,002.333 | 4,014 | |
| Total noninterest income | 114,774 | 136,887.333 | 94,182 | |
| Salaries and employee benefits | 759,099 | 666,799 | 703,457 | |
| Directors fees | 22,800 | 20,400 | 22,800 | |
| Occupancy and equipment | 168,971 | 139,500 | 137,800 | |
| Data processing fees | 197,480 | 230,612.333 | 164,271 | |
| Franchise taxes | 34,040 | 34,910.667 | 35,959 | |
| Fdic insurance premiums | 18,836 | 20,269.667 | 20,169 | |
| Professional services | 146,321 | 140,169 | 114,544 | |
| Deposit account services expense | 36,475 | 56,750 | 19,181 | |
| Advertising | 28,158 | 23,809.333 | 21,722 | |
| Loan expenses | 60,408 | 69,682 | 55,534 | |
| Other | 180,702 | 134,205.333 | 102,224 | |
| Total noninterest expense | 1,653,290 | 1,537,107.333 | 1,397,661 | |
| Income before income taxes | 208,770 | 266,811 | 427,240 | |
| Provision for income taxes | 37,500 | 53,942 | 93,542 | |
| Net income | 171,270 | 212,869 | 333,698 | |
| Earnings per share, basic | 0.18 | 0.223 | 0.36 | |
| Earnings per share, diluted | 0.18 | 0.22 | 0.36 | |
| Weighted average number of shares outstanding, basic | 956,482 | 3,253.667 | 931,299 | |
| Weighted average number of shares outstanding, diluted | 971,316 | 4,021.667 | 936,828 | |
Mercer Bancorp, Inc. (MSBB)
Mercer Bancorp, Inc. (MSBB)