Mercer Bancorp Inc

OTC:MSBB

Mercer Bancorp Inc is a US-based company operating in industry. The company is headquartered in Celina, Ohio and currently employs 28 full-time employees. The company went IPO on 2023-07-26. Mercer Bancorp, Inc. through its subsidiary, Mercer Savings Bank, conducts business operations in the primary market area of Mercer and Darke Counties in western Ohio and contiguous areas, including Adams and Jay Counties in eastern Indiana. The company operates through four branch offices in rural communities in western Ohio. Its loan portfolio consists primarily of residential mortgage loans secured by one- to four-family residential properties and agricultural real estate loans secured by farmland located in its primary market area. The company also originates multifamily real estate loans, commercial real estate loans, construction and land loans, home equity lines of credit, commercial and industrial loans, and consumer loans. The company offers a variety of deposit accounts. The firm is also engaged in investing in securities, which consists primarily of mortgage-backed securities and obligations issued by United States (U.S.) government sponsored enterprises, state, and municipal securities.