M C Bank & Trust Company


M C Bank & Trust Company is an FDIC insured institution headquartered at 1201 Brashear Ave, Morgan City, LA 70380.
It was founded in 1955 and has approximately $0 billion in assets. Customers can open an account at one of its 6 branches.

Deposit Rates - April 27, 2024

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 17388
Date Established 1955
Assets $ 440.85 million
Loans $ 320.49 million
Deposits $ 308.48 million
Capital $ 72.46 million

Summary Balance Sheet as of June 30, 2023

ASSETS
Cash & Balances due from depository institutions $ 39.46 million
Interest-bearing balances $ 35.65 million
Total securities $ 41.97 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 320.49 million
Loan loss allowance $ 5.11 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.53 million
Goodwill and other intangibles $ 1.24 million
All other assets $ 4.95 million
     Total Assets $ 368.39 million

LIABILITIES
Total deposits $ 308.48 million
      Interest-bearing deposits $ 223.36 million
      Deposits held in domestic offices $ 308.48 million
      % insured (estimated) 72.78%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 2.18 millionn
      Total Liabilities $ 368.39 million
      Shareholders’ Equity $ 72.46 million

Summary Income Statement as of June 30, 2023

INCOME AND EXPENSES
Total Interest Income $ 20.69 million
Total Interest Expense $ 5.27 million
Net interest income $ 15.42 million
Provision for loan and lease losses $ 1.11 million
Total non interest income $ 1.62 million
Total non interest expense $ 12.83 million
Pre-tax Net Operating Income $ 1.68 million

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Branches

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M C Bank & Trust Company Locations