The Merchants & Citizens Bank

Mcrae, GA
IDRSSD: 784430
Total Assets
$137.63M
Latest filing
Total Deposits
$121.21M
Latest filing
Net Interest Margin
3.27%
Profitability

Key People

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Locations

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Main Office
The Merchants & Citizens Bank
6 College St
Mcrae, GA 31055
Full Service - Brick and Mortar
Updated 01/30/2026Established 02/23/1929FDIC Certificate 145

Branches (0)

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NameAddressCity / State
No branch data available.
The Merchants & Citizens Bank (Main)6 College StMcrae, GA

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date02/23/1929
Community BankYes
Ownership TypeNot Mutual
ZIP31055
State and County Number13271
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number06
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictAtlanta
Core Based Statistical Area NameN/A

Operational Info

Number of Employees19
Domestic Offices1
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitehttp://www.merchantsandcitizensbank.com
Data Updated01/30/2026
CERT183
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$137.63M
Total Deposits$121.21M
Total Liabilities$123.15M
Total Equity Capital$14.48M
Net Income$-139,000
Net Loans and Leases$49.85M
Assets Per Employee ($Millions)$7.24M
Bank Premises and Fixed Assets$426.00k
Cash and Balances due from Depository Institutions$5.99M
Deposits Held in Domestic Offices$121.21M

Key Performance Ratios

Return on Assets (ROA)-0.4%
Return on Equity (ROE)-3.87%
Net Interest Margin3.27%
Efficiency Ratio96.31%
Tier 1 Risk-Based Capital Ratio22.576%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.39%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets10.521%
Earning Assets to total Assets91.27%

Income and Expense

Total Interest Income$1.47M
Total Noninterest Income$67.00k
Total Interest Expense$421.00k
Total Noninterest Expense$1.07M
Net Interest Income$1.04M
Pre-tax Net Operating Income$-94,000
Provision for Credit Losses$135.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$0
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$1.94M
Total Liabilities and Capital$137.63M

Securities

Securities$70.35M
Available-for-sale debt securities$70.35M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of The Merchants & Citizens Bank?
$137.63M as of the latest filing.
How much are The Merchants & Citizens Bank's total deposits?
$121.21M in total deposits.
Where is The Merchants & Citizens Bank located?
Mcrae, GA.
What is the Net Interest Margin?
3.27%.
How many domestic offices does it operate?
1.
When was it established?
02/23/1929.
What is the Return on Assets (ROA)?
-0.4%.
How much are total loans and leases?
$49.85M (latest filing).
What is the total interest income (latest filing)?
$1.47M.