Merchants & Marine Bancorp, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest income was USD 7.3 million compared to USD 5.15 million a year ago. Net income was USD 0.709108 million compared to USD 0.238043 million a year ago. Basic earnings per share from continuing operations was USD 0.53 compared to USD 0.18 a year ago.
For the six months, net interest income was USD 14.22 million compared to USD 9.72 million a year ago. Net income was USD 1.87 million compared to USD 0.396122 million a year ago. Basic earnings per share from continuing operations was USD 1.41 compared to USD 0.3 a year ago.