Mercer Bancorp, Inc. (MSBB)
Mercer Bancorp, Inc. serves as the parent company for Mercer Savings Bank, offering a comprehensive array of financial products and services to individuals and businesses across western Ohio. The institution accepts various deposit accounts, including checking, savings, and certificates of deposit. Its diverse loan portfolio features mortgages for one- to four-family residences and multifamily properties, agricultural and commercial real estate loans, along with construction and land financing. Additionally, they provide home equity lines of credit, commercial and industrial loans, consumer loans, and indirect automobile loans. The company also invests in securities and facilitates convenient online and mobile banking. Established in 1888, its main office is situated in Celina, Ohio.
Sector: Savings Institutions, Not Federally Chartered
Industry: Banks - Regional
Mercer Bancorp, Inc.
OTC:MSBBFinancial Services · Banks - Regional
+1.21%$20.85
Mkt Cap$21.13M
Float788K
O/S1.01M
Inst Own-
SI0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$9.49M
Net Income$972K
Total Assets$176.17M
Free Cash Flow-$938K
Debt & Equity
Debt 20%
Equity 80%
Total Debt$6M
Total Equity$24.62M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in MSBB's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$176.17M
Liabilities$151.55M
Accounts Receivable$678K
Accounts Payable$0
Inventory$0
PP&E (Net)$5.15M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Currency | USD | USD | USD | USD |
| Period Ending | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 |
| Revenue | $9.49M | $8.53M | $6.3M | $5.31M |
| YoY Growth | 11.2% | 35.4% | 18.5% | - |
| Cost of Revenue | $2.7M | $2.6M | $600K | $290K |
| Gross Profit | $6.78M | $5.93M | $5.7M | $5.02M |
| Gross Margin | 71.5% | 69.5% | 90.5% | 94.5% |
| Research and Development | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $2.96M | $2.8M | $2.45M | $2.3M |
| Other | $2.59M | $2.27M | $2.33M | $1.58M |
| Total Operating Expenses | $5.55M | $5.07M | $4.78M | $3.89M |
| Operating Income (EBIT) | $1.23M | $858K | $917K | $1.14M |
| Operating Margin | 12.9% | 10.1% | 14.6% | 21.4% |
| Interest Expense | $2.64M | $2.53M | $600K | $265K |
| Interest Income | $9.44M | $8.25M | $6M | $4.59M |
| Other Income (Expense) | $0 | $0 | $0 | $0 |
| Income Before Tax (EBT) | $1.23M | $858K | $917K | $1.14M |
| Income Tax Expense | $255K | $166K | $173K | $193K |
| Net Income | $972K | $693K | $744K | $944K |
| Net Income Margin | 10.3% | 8.1% | 11.8% | 17.8% |
| Supplementary Data | ||||
| EPS | 1.04 | 0.73 | 0.73 | 0.92 |
| Diluted EPS | 1.04 | 0.73 | 0.73 | 0.92 |
| Weighted Average OS | 931,299 | 948,955 | 1.02M | 1.02M |
| EBITDA | $1.63M | $1.22M | $1.23M | $1.35M |
| EBITDA Margin | 17.2% | 14.4% | 19.5% | 25.4% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Currency | USD | USD | USD |
| Period Ending | 2025-09-30 | 2024-09-30 | 2023-09-30 |
| Assets | |||
| Current Assets | |||
| Cash and Cash Equivalents | $2.58M | $4.84M | $6.39M |
| Short-Term Investments | $9.66M | $11.12M | $11.45M |
| Cash and Short-Term Investments | $12.23M | $15.96M | $17.84M |
| Accounts Receivable | $678K | $686K | $457K |
| Inventory | $0 | $0 | $0 |
| Other Current Assets | $677.68M | $0 | $0 |
| Total Current Assets | $12.91M | $16.65M | $18.3M |
| Long-Term Assets | |||
| Property, Plant & Equipment Net | $5.15M | $2.73M | $2.6M |
| Goodwill | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 |
| Long-Term Investments | $155.25M | $155.71M | $133.21M |
| Deferred Tax Assets | $234K | $284K | $407K |
| Other Long-Term Assets | -$155.25M | $6.38M | $4.53M |
| Total Long-Term Assets | $5.15B | $165.1M | $140.75M |
| Other Assets | $158.11B | $0 | $0 |
| Total Assets | $176.17M | $181.75M | $159.05M |
| Liabilities | |||
| Current Liabilities | |||
| Accounts Payable | $0 | $0 | $0 |
| Short-Term Debt | $6M | $22M | $11M |
| Current Income Tax Payable | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 |
| Other Current Liabilities | $143.99M | $134.56M | $122.82M |
| Total Current Liabilities | $149.99M | $156.56M | $133.82M |
| Long-Term Liabilities | |||
| Long-Term Debt | $0 | $3M | $12M |
| Long-Term Unearned Revenue | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 |
| Other Long-Term Liabilities | $1.56M | -$1.76M | -$9.45M |
| Total Long-Term Liabilities | $1.56M | $1.24M | $2.55M |
| Other Liabilities | $0 | $0 | $0 |
| Total Liabilities | $151.55M | $157.8M | $136.37M |
| Stockholders' Equity | |||
| Preferred Stock | $0 | $0 | $0 |
| Common Stock | $10K | $10K | $10K |
| Retained Earnings | $17.34M | $16.37M | $15.7M |
| Comprehensive Income & Other | -$390K | -$323K | -$860K |
| Other Stockholders' Equity | $7.27M | $7.57M | $6.96M |
| Total Equity | $24.62M | $23.95M | $22.68M |
| Minority Interest | $0 | $0 | $0 |
| Total Liabilities and Equity | $176.17M | $181.75M | $159.05M |
| Supplementary Data | |||
| Total Debt | $6M | $25M | $23M |
| Net Debt | -$2.57B | $20.16M | $16.61M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Currency | USD | USD | USD |
| Period Ending | 2025-09-30 | 2024-09-30 | 2023-09-30 |
| Operating Activities | |||
| Net Income | $972.3M | $693K | $744K |
| Depreciation & Amortization | $399K | $366K | $313K |
| Deferred Income Tax | $67K | -$12K | -$147K |
| Stock-Based Compensation | $54.55M | $99K | $0 |
| Changes in Working Capital: | |||
| Accounts Receivable | $7K | -$229K | -$80K |
| Inventory | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 |
| Other Working Capital | $343K | -$533K | $710K |
| Total Working Capital Change | $350K | -$762K | $630K |
| Other Non-Cash Items | -$1.03B | -$8.51M | -$3.17M |
| Net Cash from Operating | $1.87M | -$8.13M | -$1.63M |
| Investing Activities | |||
| Capital Expenditures | -$2.81M | -$485K | -$295K |
| Acquisitions | $0 | $0 | $0 |
| Purchases of Investments | $0 | -$2.46M | -$2.31M |
| Sales of Investments | $1.67M | $3.51M | $3.51M |
| Other Investing Activities | $2.88M | -$14.58M | -$12.25M |
| Net Cash from Investing | $4.55M | -$14.01M | -$11.34M |
| Financing Activities | |||
| Debt Repaid | $16M | -$10M | -$9M |
| Common Stock Issuance | $0 | $0 | $7.83M |
| Common Stock Repurchases | -$386K | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 |
| Other Financing Activities | $9.43M | $11.74M | -$11.94M |
| Net Cash from Financing | -$6.95M | $21.74M | $4.89M |
| Forex Effect | $0 | $0 | $0 |
| Net Change in Cash | -$492.12M | -$394K | -$8.09M |
| Supplementary Data | |||
| Operating Cash Flow | $1.87M | -$8.13M | -$1.63M |
| Capital Expenditure | -$2.81M | -$485K | -$295K |
| Free Cash Flow | -$938K | -$8.61M | -$1.93M |
| Cash at Beginning | $3.03B | $6.29M | $14.38M |
| Cash at End | $2.53B | $5.9M | $6.29M |