Mercer Bancorp, INC

Market Movers (8-K)

OQB
Mercer Bancorp, Inc. announced its Board of Directors has authorized management to terminate the registration of its common stock under the Securities Exchange Act of 1934.
OQB
Mercer Bancorp, Inc. has announced the dismissal of its independent registered public accounting firm, S.R. Snodgrass, P.C., and the engagement of Clark, Schaefer, Hackett & Co., following the identification and subsequent remediation of multiple material weaknesses in its internal financial controls.
Worse than expected
OQB
Mercer Bancorp's annual meeting resulted in the election of directors, approval of the 2025 Equity Incentive Plan, and ratification of the company's accounting firm.
OQB
Mercer Bancorp reported a slight decrease in net income for the year ended September 30, 2024, but saw significant growth in assets, loans, and deposits, and also announced a stock repurchase program.
Worse than expected
OQB
Mercer Bancorp has appointed Sherman Crum as Controller, Principal Financial Officer, and Principal Accounting Officer, effective July 9, 2024, succeeding Rick L. Ross.
OQB
Mercer Bancorp will restate its unaudited consolidated financial statements for the quarter ended December 31, 2023, due to the discovery of unpaid legal invoices.
Worse than expected

Quarterly Earnings (10-Q)

OQB
Mercer Bancorp, Inc. announced a significant increase in net income for the second quarter of fiscal year 2026, driven by higher net interest income and reduced expenses.
Better than expected
OQB
Mercer Bancorp, Inc. reported a 38% decline in net income for the first fiscal quarter of 2026, primarily driven by increased noninterest expenses despite a rise in net interest income.
Worse than expected
OQB
Mercer Bancorp, Inc. announced a significant increase in net income and net interest margin for the nine months ended June 30, 2025, despite a notable rise in nonperforming and past due loans.
Worse than expected
Capital raise
OQB
Mercer Bancorp's Q2 2025 net income decreased despite an increase in net interest income, driven by higher noninterest expenses related to a data processing conversion and professional services.
Worse than expected
OQB
Mercer Bancorp's net income rose to $276,000 for the quarter ended December 31, 2024, driven by increased net interest income.
Better than expected
OQB
Mercer Bancorp's Q3 2024 results show a decrease in net income despite an increase in net interest income, driven by higher noninterest expenses and a provision for credit losses.
Worse than expected

Annual Reports (10-K)

OQB
Mercer Bancorp, Inc. reported a 40.4% increase in net income for fiscal year 2025, reaching $972,000, despite a notable rise in non-performing loans.
Delay expected
Worse than expected
OQB
Mercer Bancorp's 10-K filing reveals growth in assets and deposits for fiscal year 2024, but a slight decrease in net income due to rising expenses.
Worse than expected

Insider Trading (Form 4)

OQB
Trever A. Bransteter, SVP of Lending at Mercer Bancorp, reports acquisition of common stock and stock options.
OQB
Sherman Crum, Controller of Mercer Bancorp, reports acquisition of common stock and stock options.
OQB
Alvin B Parmiter, President and CEO of Mercer Bancorp, Inc., reports the acquisition of restricted stock and stock options, along with holdings in an IRA and ESOP.
OQB
Ryan Moorman, SVP of Lending at Mercer Bancorp, reports acquiring restricted stock and stock options, along with disposing of common stock held by ESOP.
OQB
Timothy L Bigham, SVP of Operations at Mercer Bancorp, reports acquisition of common stock and stock options.
OQB
Director Michael J. Boley of Mercer Bancorp, Inc. reports acquisition of common stock and stock options.

Proxy Statements (Def-14A)

OQB
Mercer Bancorp, Inc. announces its 2026 Annual Meeting of Stockholders to elect directors and ratify its new independent auditor, Clark, Schaefer, Hackett & Co.
OQB
Mercer Bancorp has scheduled its 2025 Annual Meeting of Stockholders for February 25, 2025, to vote on director elections, an equity incentive plan, and the ratification of its accounting firm.

Schedule 13G - Passive Investments

OQB
The Mercer Savings Bank Employee Stock Ownership Plan Trust has increased its beneficial ownership in Mercer Bancorp, Inc. to 7.9% of common stock.
OQB
The Mercer Savings Bank Employee Stock Ownership Plan Trust has reported beneficial ownership of 8% of Mercer Bancorp, Inc.'s common stock as of December 31, 2024.