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The Mer Rouge State Bank
The Mer Rouge State Bank
RSSD ID 741956 | CERTIFICATE 314 | ABA NUMBER 111102091 |
102 Davenport Ave |
Quarter Ended : |
2025-03-31 |
Mer Rouge, Louisiana, 71261 |
Updated : |
2025-04-28 |
www.merrougebank.com |
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Institution Profile |
Year Opened : |
1903 |
Institution Type : |
Commercial bank |
Entity Type : |
State |
Federal Regulator : |
FDIC |
Member Federal Reserve : |
No |
S-Corp : |
No |
Fiduciary Powers : |
No |
Powers Exercised : |
No |
Filing Type : |
051 |
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Specialization : |
Agricultural Specialization |
Number of Offices : |
1 |
Number of Employees : |
11 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 50,550 |
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Total Interest Income | 730 |
Total Liabilities | 45,610 |
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Total NonInterest Income | 37 |
Total Bank Equity Capital | 4,940 |
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Total Interest Expense | 163 |
Total Deposits | 45,493 |
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Total NonInterest Expense | 442 |
Net Loans & Leases | 23,450 |
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Net Income | 93 |
Loan Loss Allowance | 283 |
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Net Charge Offs | 1 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Community Bank Leverage Ratio | Yes |
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Total loans | 22,408 |
Total assets for the leverage ratio | 51,109 |
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Loans secured by real estate: | 10,633 |
Tier 1 Leverage Ratio | 12.03 |
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Commercial and industrial loans | 5,389 |
Off Balance Sheet Exposures (%) | 24.14 |
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Loans to individuals - Credit Cards | 0 |
Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 729 |
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