Merchants & Planters Bank is an FDIC insured institution headquartered at
411 West Market Street, Bolivar, TN 38008.
It was founded in
1905 and has approximately $0 billion in assets. Customers can open an account at one of its 7 branches.
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Rate data provided by RateUpdate.com. Displayed by Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Rate and product details .
Rate data provided by RateUpdate.com. Displayed by Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Rate and product details .
Overview 2026
General Bank Information
FDIC Insured
Yes
FDIC Certificate
# 8665
Date Established
1905
Assets
$ 87.96 million
Loans
$ 49.27 million
Deposits
$ 73.46 million
Capital
$ 11.03 million
Summary Balance Sheet as of September 30, 2025
ASSETS
Cash & Balances due from depository institutions
$ 11.19 million
Interest-bearing balances
$ 8.89 million
Total securities
$ 16.24 million
Federal funds sold and reverse repurchase
$ 2.85 million
Net loans and leases
$ 49.27 million
Loan loss allowance
$ 0.81 million
Trading account assets
N.A.
Bank premises and fixed assets
N.A.
Other real estate owned
$ 0.99 million
Goodwill and other intangibles
N.A.
All other assets
$ 4.67 million
Total Assets
$ 75.48 million
LIABILITIES
Total deposits
$ 73.46 million
Interest-bearing deposits
$ 62.71 million
Deposits held in domestic offices
$ 73.46 million
% insured (estimated)"
96.30%
Federal funds purchased and repurchase agreements
N.A.
Trading liabilities
N.A.
Other borrowed funds
$ 1.50 million
Subordinated debt
N.A.
All other liabilities
$ 0.52 millionn
Total Liabilities
$ 75.48 million
Shareholders’ Equity
$ 12.48 million
Summary Income Statement as of September 30, 2025
INCOME AND EXPENSES
Total Interest Income
$ 0.88 million
Total Interest Expense
$ 0.07 million
Net interest income
$ 0.81 million
Provision for loan and lease losses
N.A.
Total non interest income
$ 0.20 million
Total non interest expense
$ 0.78 million
Pre-tax Net Operating Income
$ 0.26 million
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Branches
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