Mercer Bancorp(OTC) MSBB

Mercer Bancorp helps people and businesses in western Ohio manage money and get loans.

Its checking and savings accounts are available for local families.

The company’s loans help farmers, homeowners, and small businesses finance important purchases or projects.

Money Matters: Mercer’s Main Offerings

• Deposit Accounts: Checking, savings, and certificates of deposit for individuals and businesses (revenue share not disclosed).
• Residential Mortgages: Loans for buying or refinancing homes, mainly for local residents (51% of loan portfolio).
• Agricultural Loans: Financing for farmland and farm operations, serving the region’s farmers (35% of loan portfolio).
• Consumer and Auto Loans: Personal loans and indirect auto loans, often arranged through car dealers (3.5% of loan portfolio).
• Commercial Lending: Loans for local businesses, including real estate and working capital (about 3% of loan portfolio).
• Online and Mobile Banking: Digital services for account management and payments (revenue share not disclosed).

Branching Out: Growth Moves and Milestones

• Launched indirect auto lending program in 2023 to reach more car buyers.
• Began building a new branch in Berne, Indiana, with completion expected August 2025.
• Upgraded core banking technology in February 2025 to support new products and digital services.
• Started a stock repurchase program in December 2024, buying back 26,997 shares by June 2025.

Why Mercer Stands Out (Without the Hype)

Mercer focuses on local customers, especially homeowners and farmers, in western Ohio. Its small size allows for personal service and quick decisions. The company maintains strong capital levels, meeting regulatory standards for financial strength.

Five Things You Need to Know

• Interest income was $7.05 million for nine months ended June 2025, up 18.4% year-on-year.
• Net income reached $645,373 for nine months ended June 2025, up 44.3% year-on-year.
• Deposits grew to $139.86 million as of June 2025, up 3.9% from September 2024.
• Nonperforming loans rose to $717,000 at June 2025, up from $386,000 in September 2024.

Bottom Line

Mercer has grown by focusing on local lending and digital upgrades. Its steady approach and strong capital base support its role in the western Ohio market.