Banks | Miners & Merchants Bank

Miners & Merchants Bank


Miners & Merchants Bank is an FDIC insured institution headquartered at 16000 Appalachian Highway, Thomas, WV 26292.
It was founded in 1902 and has approximately $0 billion in assets. Customers can open an account at one of its 3 branches.

Deposit Rates - May 4, 2024

SAVINGS RATES APY MIN
Savings
0.20% $2,500 Compare
CD RATES APY MIN
6 Mo CD
0.15% $10,000 Compare
6 Mo CD
0.25% $100,000 Compare
12 Mo CD
0.25% $10,000 Compare
12 Mo CD
0.40% $100,000 Compare
24 Mo CD
0.30% $10,000 Compare
24 Mo CD
0.50% $100,000 Compare
36 Mo CD
0.40% $10,000 Compare
36 Mo CD
0.70% $100,000 Compare
60 Mo CD
0.70% $10,000 Compare
60 Mo CD
1.00% $100,000 Compare
MM RATES APY MIN
Money Market
0.20% $10,000 Compare
Money Market
0.20% $25,000 Compare
INT CHECKING RATES APY MIN
Int Ckg
0.10% $2,500

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 13018
Date Established 1902
Assets $ 67.78 million
Loans $ 25.79 million
Deposits $ 57.76 million
Capital $ 9.11 million

Summary Balance Sheet as of June 30, 2023

ASSETS
Cash & Balances due from depository institutions $ 4.84 million
Interest-bearing balances $ 4.15 million
Total securities $ 34.03 million
Federal funds sold and reverse repurchase $ 0.51 million
Net loans and leases $ 25.79 million
Loan loss allowance $ 0.17 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 0.26 million
     Total Assets $ 58.67 million

LIABILITIES
Total deposits $ 57.76 million
      Interest-bearing deposits $ 40.60 million
      Deposits held in domestic offices $ 57.76 million
      % insured (estimated) 88.87%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.09 millionn
      Total Liabilities $ 58.67 million
      Shareholders’ Equity $ 9.11 million

Summary Income Statement as of June 30, 2023

INCOME AND EXPENSES
Total Interest Income $ 1.84 million
Total Interest Expense $ 0.41 million
Net interest income $ 1.43 million
Provision for loan and lease losses $ 0.02 million
Total non interest income $ 0.21 million
Total non interest expense $ 1.66 million
Pre-tax Net Operating Income $ 0.05 million

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Branches

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Miners & Merchants Bank Locations

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