At a glance
From its website, read 2 Nov 2026Merchants & Marine Bank is a bank or thrift based in Pascagoula, Mississippi. Its website describes auto loans, commercial real estate loans, equipment loans and 4 other loan types. Where it lends: Gulf Coast communities. You can start an application online.
Each point is backed by a quote further down this page. Terms change: confirm with the lender.
How to reach them and apply
| Apply online | Page with the application link |
|---|---|
| Website | www.mandmbank.com |
| Office (official list) | 3118 Pascagoula Street, Pascagoula, MS 39567 |
What their website says about applying
Visit Your Branch to Learn More
source
Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.
Official record
CDFI Fund list, 21 Oct 2026| Institution type | Bank or thrift |
|---|---|
| Native CDFI | No |
| Date certified (as listed) | 1 Dec 2015 |
| RSSD ID | 94139 |
| Address | 3118 Pascagoula Street, Pascagoula, MS 39567 Directions (Google Maps) |
| Website | www.mandmbank.com |
Head officeBranch or officeApproximate (ZIP code area)
Map data © OpenStreetMap contributors, © OpenMapTiles, tiles OpenFreeMap. Head-office points: U.S. Census Bureau geocoder.
Loans and eligibility
Verified from lender site on 2 Nov 2026Read from 7 pages of the lender's website on 2 Nov 2026. Quotes are verbatim. Extracted with AI help from the pages listed below and checked automatically against them. Not reviewed by a person. Confidence: medium. Product descriptions are brief and partly marketing; the Voyager Lending SBA team and Canvas Mortgage are named as separate units with no loan amounts stated. Terms change — confirm with the lender before applying.
| Product | Amount stated | Text on the lender's site (verbatim, incl. menu labels) | Page |
|---|---|---|---|
| Auto / vehicle loans | — | Shopping for a new car, boat, or RV? Considering a refinance? | source |
| Commercial real estate loans | — | We offer competitive rates and terms for the purchase and financing of various commercial property types including office buildings, warehouse and distribution centers | source |
| Equipment loans | — | New equipment, machinery and technology can help your business grow faster and more efficiently. | source |
| Home mortgages | — | Mortgage Loans and Credit Lines to help make your homeownership dreams come true. | source |
| Personal / consumer loans | — | Sometimes life puts up an unexpected financial hurdle. When that happens to you, talk to your Merchants & Marine banker who can help craft a credit solution to overcome any obstacle. | source |
| SBA-backed loans (7(a)/504/Community Advantage) | — | Government-guaranteed loans make it easier for small businesses to get the credit they need to grow. | source |
| Small-business loans | — | a flexible secured or unsecured line of credit can help you purchase inventory or equipment and keep your employees paid. | source |
Loan sizes
No amounts stated on the pages we read.
Service area
Gulf Coast communities
We’re committed to the Gulf Coast communities we serve every day.
source
Borrower focus
- Veterans
are available to all qualifying military veterans and active servicemen and servicewomen.
source
Languages
- No non-English service found on the pages we read.
Online application
Yes — the site links to an application. Apply Now
source
Pages read (7)
Questions to ask when you contact them
Based on what their website said when we read it on 2 Nov 2026, and what it left out. Something missing here does not mean they don't offer it: ask.
- What are the smallest and the largest loans you make?
No loan amounts are stated on their website. - What is the APR, including fees, on your auto loans and home mortgages?
Their website does not state an APR. The APR includes fees, so it is the number to compare. - What interest rate and fees should I expect on your commercial real estate loans and equipment loans?
Their website does not state a rate for this. - Is there a minimum credit score, and do you consider borrowers with little or no credit history?
Their website does not say what credit history they accept. - Do you need collateral, a business plan or a minimum time in business?
Their website does not say what they require. - How long can I take to repay?
No repayment terms are stated on their website. - What documents will you need from me, and how long does a decision usually take?
Their website describes some application steps (above); ask for the full document list.
Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.
CDFI Fund awards
CDFI Fund database, 3 Nov 2026$7.2 million in 10 awards from the U.S. Treasury's CDFI Fund, 2016–2024 (Bank Enterprise Award Program; CDFI Equitable Recovery Program; CDFI Rapid Response Program).
| Round year | Program | Amount |
|---|---|---|
| 2024 | Bank Enterprise Award Program | $47,472 |
| 2023 | Bank Enterprise Award Program | $437,350 |
| 2022 | CDFI Equitable Recovery Program | $3,718,258 |
| 2021 | Bank Enterprise Award Program | $170,699 |
| 2021 | CDFI Rapid Response Program | $1,826,265 |
| 2020 | Bank Enterprise Award Program | $202,898 |
| 2019 | Bank Enterprise Award Program | $245,547 |
| 2018 | Bank Enterprise Award Program | $233,244 |
| 2017 | Bank Enterprise Award Program | $55,969 |
| 2016 | Bank Enterprise Award Program | $227,282 |
These are awards and investments made to the institution itself to build its capital and capacity. They are not loans to borrowers, and an award does not mean the lender has money available for a particular loan today.
Source: CDFI Fund Searchable Awards Database, all 12,628 award records (1996–2025), read 3 Nov 2026. Years are the award round as the database lists it. Matched to the official CDFI list by exact name and state; see the method on the About page.
Branches and size
FDIC, 30 Jun 2026On file with the FDIC as TownBridge Bank (FDIC cert 12203). Source: FDIC BankFind Suite (public data): total assets from the Call Report as of 30 Jun 2026; office list as of 30 Oct 2026, downloaded 3 Nov 2026.
| Total assets | $1.3 billion (as of 30 Jun 2026) |
|---|---|
| Offices | 24 in 3 states (as of 30 Oct 2026) |
Offices by state and county (24)
Mississippi (11 offices)
- George County (1): 11283 Old 63 S, Lucedale 39452
- Jackson County (9): 3118 Pascagoula St, Pascagoula 39567 (main office); 1200 Highway 90, Gautier 39553; 16831 Highway 63, Moss Point 39562; 21536 Highway 613, Moss Point 39562; 4619 Main St, Moss Point 39563; 7616 Highway 613, Moss Point 39563; 2008 Bienville Blvd, Ocean Springs 39564; 6416 Washington Ave, Ocean Springs 39564; 1807 Market St, Pascagoula 39567
- Lamar County (1): 4607 Hardy St, Hattiesburg 39402
Alabama (5 offices)
- Baldwin County (3): 27765 Us Highway 98, Daphne 36526; 325 Fairhope Ave, Fairhope 36532; 1820 Gulf Shores Pkwy, Gulf Shores 36542
- Mobile County (2): 5 N Royal St, Mobile 36602; 6161 Airport Blvd, Mobile 36608
Louisiana (8 offices)
- Lafayette Parish (2): 1525 Ambassador Caffery Pkwy, Lafayette 70506; 2110 W Pinhook Rd, Lafayette 70508
- Plaquemines Parish (2): 8435 Highway 23, Belle Chasse 70037; 27104 Highway 23, Port Sulphur 70083
- St. Martin Parish (4): 1012 Sloan St, Arnaudville 70512; 100 S Main St, Breaux Bridge 70517; 2829 Grand Point Hwy, Breaux Bridge 70517; 929 Rees St, Breaux Bridge 70517
An office shows where the lender has a branch, not where it lends or whom it lends to.
What the regulator filing shows
Call Report, 30 Jun 2026Figures from the Call Report filed by TownBridge Bank (RSSD 94139, FDIC cert 12203). Source: FFIEC Central Data Repository, bulk Call Report data (public data), report date 30 Jun 2026; year-earlier figures from the 30 Jun 2025 report; downloaded 4 Nov 2026. Schedules RC-C Parts I and II, dollar amounts filed in thousands.
| Total loans and leases | $685 million (as of 30 Jun 2026, net of unearned income) |
|---|---|
| Change over the year | Up 45.5% from $471 million on 30 Jun 2025 |
| Total assets | $1.35 billion (as of 30 Jun 2026) |
Loan mix (balances on 30 Jun 2026)
| Loan category | Balance | Share |
|---|---|---|
| Home mortgages (1-4 family, closed-end) | $142.1 million | 20.7% |
| Home equity lines of credit | $28.6 million | 4.2% |
| Commercial real estate, construction and multifamily | $391.1 million | 57.1% |
| Commercial and industrial (business) loans | $78.7 million | 11.5% |
| Farmland and farm production loans | $23.2 million | 3.4% |
| Consumer loans (credit cards, auto, other) | $16.8 million | 2.5% |
| All other loans and leases | $4.6 million | 0.7% |
Within consumer loans: auto loans $2.2 million.
Small business loans (original amount $1 million or less, balances on 30 Jun 2026)
| Original loan amount | Secured by business property | Commercial and industrial |
|---|---|---|
| Up to $100,000 | 55 loans $2.5 million | 371 loans $9.9 million |
| $100,001 to $250,000 | 82 loans $11 million | 73 loans $7.1 million |
| $250,001 to $1 million | 128 loans $46.8 million | 51 loans $14.3 million |
| All small business loans | 265 loans $60.3 million | 495 loans $31.3 million |
Small farm loans (original amount $500,000 or less, balances on 30 Jun 2026)
| Original loan amount | Secured by farmland | Farm production |
|---|---|---|
| Up to $100,000 | 9 loans $370,000 | 5 loans $422,000 |
| $100,001 to $250,000 | 8 loans $843,000 | 5 loans $543,000 |
| $250,001 to $500,000 | 3 loans $1.1 million | 6 loans $1.9 million |
| All small farm loans | 20 loans $2.3 million | 16 loans $2.9 million |
Balances are loans outstanding on the report date, not loans made during the year, and they include loans the bank bought. Shares are of gross loans and leases. The change over the year includes loans gained through mergers or bought from others. A category with no balance does not mean the bank never makes that kind of loan; ask the bank.
Home loans reported under HMDA (2025)
FFIEC HMDA data, 2025Merchants & Marine Bank reported 219 originated home loans for 2025 under the Home Mortgage Disclosure Act, totaling about $62.3M (median loan about $195,000). 150 were home-purchase loans.
By loan purpose
| Purpose | Loans | Share |
|---|---|---|
| Home purchase | 150 | 68% |
| Refinance (incl. 12 cash-out) | 65 | 30% |
| Home improvement | 3 | 1.4% |
By loan type
| Loan type | Loans | Share |
|---|---|---|
| Conventional | 162 | 74% |
| FHA-insured | 30 | 14% |
| VA-guaranteed | 16 | 7.3% |
| USDA (RHS or FSA) | 11 | 5.0% |
Included above: 8 loans on manufactured homes.
Where the loans were made
Counties with the most 2025 originations, out of 29 counties with at least one; 77% of its 2025 loans were for properties in Mississippi:
- Forrest County, MS (52)
- Jackson County, MS (40)
- Lamar County, MS (36)
- Baldwin County, AL (31)
- George County, MS (18)
- Mobile County, AL (6)
- Hancock County, MS (4)
- Jones County, MS (4)
Filed under LEI 549300ZMSSTP768USP32 as “MERCHANTS & MARINE BANK”; matched by its RSSD ID on the CDFI Fund list, which the HMDA reporter panel links to this LEI.
Source: FFIEC Home Mortgage Disclosure Act (HMDA) data for 2025, snapshot frozen 2 Jun 2026, loan-level records read through the CFPB HMDA Data Browser API on 3 Nov 2026. Originated loans only; applications that were denied, withdrawn or not accepted are not counted. HMDA publishes each loan amount as the middle of a $10,000 band, so totals and medians are approximate. Counts under 3 are not shown. How we match lenders.
How it compares
Computed from public data| Measure | This lender | Compared with |
|---|---|---|
| Median SBA 7(a) loan it approved, FY2020–FY2026 | $317,200 (85 loans) | All 7(a) lenders in Mississippi: $222,350. Larger than the median loan of 78% of the 97 other certified CDFIs with 10 or more 7(a) loans. |
| Variable-rate 7(a) loans: rate over prime at approval, FY2024–26 | median 2.75 pts, half between 2.5 pts and 2.75 pts (72 loans; 8% at the SBA maximum) | All lenders in Mississippi: median 2.5 pts, 10% at the maximum (685 loans). |
| SBA approvals, FY2023–24 → FY2025–26 | 32 → 52 | Rank among the 16 certified CDFIs in Mississippi with SBA approvals in either period: 5 → 4. |
| Total assets (Call Report, 30 Jun 2026) | $1.35 billion | Larger than 82% of the 82 other certified banks and bank holding companies in Mississippi (median $408.8 million). |
| Loans as a share of assets | 51% | Median of the same 82 banks and bank holding companies: 62%. A higher share means more of its balance sheet is lent out. |
| Loans held, 30 Jun 2025 → 30 Jun 2026 | $471 million → $685 million (+45%) | Median change of 82 other certified banks and bank holding companies in Mississippi: +8%. Rank by loans held among these 83: 21 → 17. |
| Home loans originated in 2025 (HMDA) | 219 | More than 69% of the 263 other certified CDFIs that reported 3 or more (119 at the median). Volume only; nothing here is an approval rate. |
How these comparisons were worked out
| Measure | Peer group (this lender left out) | Peers | Where this lender sits |
|---|---|---|---|
| Median SBA 7(a) loan | certified CDFIs with 10+ 7(a) loans, nationwide | 97 | larger than 78% |
| Rate over prime | all variable-rate 7(a) loans in Mississippi, FY2024–26 | 685 | median 2.75 pts vs 2.5 pts |
| SBA approvals then vs now | certified CDFIs in Mississippi with SBA approvals FY2023–2026 | 15 | rank 5 → 4 of 16 |
| Call Report total assets | other certified banks and bank holding companies in Mississippi | 82 | larger than 82% |
| Loans held then vs now | certified banks and bank holding companies in Mississippi reporting both dates | 82 | rank 21 → 17 of 83 |
| HMDA home loans | certified CDFIs with 3+ originations in 2025, nationwide | 263 | more than 69% |
“Larger than X%” = the share of the peer group with a smaller value. Ranks count from the largest. Peer groups use the lender's home state when it has at least 5 peers, otherwise the whole country. Full definitions: methodology.
For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered; your rate depends on the loan and on the lender's review. Peer groups and sources: methodology. SBA 7(a) & 504 FOIA data as of 30 Sep 2026. Assets and loans: FFIEC and NCUA Call Reports (see the loan-mix section). Home loans: FFIEC/CFPB HMDA data.
SBA loans approved
SBA data as of 30 Sep 2026The SBA's public loan data lists 85 SBA-backed approvals for Merchants & Marine Bank in fiscal years 2020–2026 (October 2019 to September 2026):
- 85 7(a) loans as the lender: $52.5M in total (gross amount approved), median $317,200
By fiscal year: FY2020 1 · FY2021 0 · FY2022 0 · FY2023 8 · FY2024 24 · FY2025 36 · FY2026 16.
What actually happened
- Size of its 7(a) loans: half were between $75,000 and $632,000, median $317,200 (85 loans)
- Term of its 7(a) loans: median 120 months (10 years) (85 loans)
- Interest rate at approval on its 7(a) loans in FY2025–26: median 10.25%, half between 9.75% and 10.25% (52 loans; SBA's initial rate, before any change on a variable loan)
- Fixed or variable: 5% of its 7(a) loans had a fixed rate (85 loans)
- Young businesses: 52% of its 7(a) loans went to a startup or a business two years old or less (85 loans with an answer)
Descriptive only: what the SBA file records for loans this lender approved in fiscal years 2020–2026. Each figure covers at least 10 loans; with fewer we show nothing. It is not an offer, not the rate or term you would get, and says nothing about your chance of approval.
By program
- 7(a) standard (52, 61%)
- 7(a) SBA Express (33, 39%)
Borrower industries
NAICS sector, 3 or more loans.
- Accommodation and food services (22)
- Retail trade (19)
- Construction (11)
- Other services (except public administration) (8)
- Health care and social assistance (8)
Where borrowers are
County of the borrower's ZIP code, 3 or more loans.
- Harris County, TX (13)
- Jackson County, MS (8)
- Harrison County, MS (4)
- Gwinnett County, GA (4)
- Rutherford County, TN (4)
- Baldwin County, AL (4)
- Miami-Dade County, FL (4)
- Brazoria County, TX (3)
How this lender was matched in the SBA files: FDIC cert 12203, found through the RSSD ID on the CDFI Fund list (SBA lists “Merchants & Marine Bank”).
Approved is not the same as paid out: an approved loan can be reduced or never drawn. SBA lists the lender each loan is currently assigned to, which can differ after a merger or loan sale. Merchants & Marine Bank may also make loans outside SBA programs, which are not counted here, and SBA Microloans are not in these files.
Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data, files as of 30 Sep 2026, downloaded 3 Nov 2026. Our counts, cancelled approvals left out. How we match lenders.
Other certified CDFIs in Pascagoula and Mississippi
- First Federal Savings & Loan Association of Pascagoula-Moss PointBank or thrift · Pascagoula, MSHome mortgagesVerified
- Merchants & Marine Bancorp, Inc.Bank holding company · Pascagoula, MSOfficial list only
- BANK OF BROOKHAVENBank or thrift · Brookhaven, MSAuto / vehicle loans, Home repair / improvement loans, Home mortgages, Small-business loansVerified
- BANKPLUSBank or thrift · Belzoni, MSCredit-builder loans, Home mortgages, Personal / consumer loans, Small-business loansVerified
- Bancorp Of Okolona, INcBank holding company · Okolona, MSVerified
- Bank of AnguillaBank or thrift · Anguilla, MSAgriculture / farm loans, Auto / vehicle loans, Commercial real estate loans, Equipment loans…Verified
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