Merchants and Planters Bank: how it compares with its peers
Against 22 MS banks with half to twice its assets, Merchants and Planters Bank's strongest measure in Q2 2026 is net interest margin (4.29% vs. a 3.81% peer median). Its weakest relative measure is assets per employee ($4.0M vs. $5.7M).
| Measure | Merchants and Planters Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.22% | 1.05% | Middle third Ahead of 64% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.29% | 3.81% | Top third Ahead of 73% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 66.17% | 65.01% | Middle third Ahead of 36% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $4.0M | $5.7M | Bottom third Ahead of 9% of peers |
| Loans to deposits Net loans and leases over total deposits. | 58.46% | 64.30% | Context |
What it means for lending operations
Its efficiency ratio of 66.17% is above the 65.01% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- Bank of Anguilla Anguilla, MS · $192M
- The Jefferson Bank Greenville, MS · $211M
- Bank of Wiggins Wiggins, MS · $228M
- Commerce Bank Corinth, MS · $168M
- Bank of Winona Winona, MS · $143M
- Bank of Brookhaven Brookhaven, MS · $262M
Questions about Merchants and Planters Bank
How big is Merchants and Planters Bank?
Merchants and Planters Bank, established in 1906, is headquartered in Raymond, MS. It reported $199M in total assets in its Q2 2026 FDIC call report and operates 6 offices.
What is Merchants and Planters Bank's return on assets?
1.22% annualized in Q2 2026, against a 1.05% median for 22 MS banks with half to twice its assets, ahead of 64% of them.
What is Merchants and Planters Bank's efficiency ratio?
66.17% in Q2 2026: it spent about 66 cents in noninterest expense for each dollar of revenue. The peer median is 65.01%, and lower is better.
Is Merchants and Planters Bank growing its loans?
Net loans shrank 2.1% over the year to Q2 2026, while deposits shrank 7.5%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are MS banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Mississippi bank ranked.