NEWS RELEASE

Marine Bank experienced 18% asset growth year-over-year with $193 million in total assets as of December 31, 2015 compared to $163 million as of December 31, 2014.

The Bank’s current capital ratios exceed the regulatory requirements. Marine continues to be “Well Capitalized” per the regulatory guidelines; the tier 1 capital ratio as of December 31, 2015 was 9.27% and total risk-based capital ratio was 14.73%. Continue reading…