• Merchants & Marine Bank completed an all-cash merger of Farmers-Merchants Bank & Trust Company into Merchants & Marine Bank, effective 12:01 a.m. CT on April 1, 2026.
• Deal expands Merchants & Marine Bancorp’s banking footprint into Louisiana’s Acadiana region.
• FM Bank will operate as “FM Bank, a Division of Merchants & Marine Bank,” retaining its existing brand.
• Fred Mills joined Merchants & Marine as FM Bank divisional president and CEO.
• Pro forma totals excluding merger-related adjustments include about $1.3 billion in assets, $691 million in gross loans, and $951 million in deposits.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Merchants & Marine Bancorp Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260401794150) on April 01, 2026, and is solely responsible for the information contained therein.