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Merchants Bank


Merchants Bank is an FDIC insured institution headquartered at 1901 North College Avenue, Jackson, AL 36545.
It was founded in 1962 and has approximately $0 billion in assets. Customers can open an account at one of its 7 branches.

Deposit Rates - June 24, 2026





Overview 2026

General Bank Information

FDIC Insured Yes
FDIC Certificate # 18637
Date Established 1962
Assets $ 219.41 million
Loans $ 152.01 million
Deposits $ 205.28 million
Capital $ 19.03 million

Summary Balance Sheet as of December 31, 2025

ASSETS
Cash & Balances due from depository institutions $ 16.48 million
Interest-bearing balances $ 12.91 million
Total securities $ 40.43 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 152.01 million
Loan loss allowance $ 1.69 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.88 million
Goodwill and other intangibles N.A.
All other assets $ 7.43 million
     Total Assets $ 206.12 million

LIABILITIES
Total deposits $ 205.28 million
      Interest-bearing deposits $ 162.65 million
      Deposits held in domestic offices $ 205.28 million
      % insured (estimated)" 81.20%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.85 millionn
      Total Liabilities $ 206.12 million
      Shareholders’ Equity $ 13.29 million

Summary Income Statement as of December 31, 2025

INCOME AND EXPENSES
Total Interest Income $ 2.35 million
Total Interest Expense $ 0.30 million
Net interest income $ 2.06 million
Provision for loan and lease losses $ 0.24 million
Total non interest income $ 0.40 million
Total non interest expense $ 3.47 million
Pre-tax Net Operating Income N.A.

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