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Last $415.00 USD
Change Today 0.00 / 0.00%
Volume 0.0
MNBP On Other Exchanges
As of 8:10 PM 06/11/15 All times are local (Market data is delayed by at least 15 minutes).

mars national bancorp inc (MNBP) Snapshot

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52 Week High
02/20/15 - $449.47
52 Week Low
08/21/14 - $410.00
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Average Volume 10 Days
Shares Outstanding
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mars national bancorp inc (MNBP) Details

Mars National Bancorp, Inc. operates as a bank holding company for Mars National Bank that provides banking products and services for individuals and businesses in Pennsylvania. The company’s deposit products include regular and basic checking, interest–bearing checking, statement savings, commercial checking, and money market deposits. Its loan portfolio comprises mortgages loans, home equity loans, personal loans, and business and small business loans. The company also offers online banking and bill pay, phone banking, ACH Origination, remote deposit capture, real estate settlement and title insurance, and securities and advisory services, as well as debit cards and safe deposit boxes; and brokerage and insurance products, planning products/services, trust/estate planning services, and business services, including retirement plan conversion, retirement plan administration, and cash management alternatives. It operates through five branch offices located primarily in northern Allegheny and southern Butler counties. The company was founded in 1900 and is headquartered in Mars, Pennsylvania.

90 Employees
Last Reported Date: 07/30/06
Founded in 1900

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mars national bancorp inc (MNBP) Key Developments

Mars National Bank Appoints Tod Novak as Vice President, Mortgage Lending

Mars National Bank announced that Tod Novak has joined the Bank as Vice President, Mortgage Lending. Mr. Novak has 13 years of residential mortgage origination experience, including expertise in FHA and VA loans. He will be responsible for developing and managing client relationships, particularly focusing on first-time homebuyers.

Mars National Bancorp, Inc. Announces Unaudited Earnings Results for the Nine Months Ended September 30, 2014

Mars National Bancorp, Inc. announced unaudited earnings results for the nine months ended September 30, 2014. For the period, the company reported net interest income of $7,113,000 against $7,149,000 a year ago. The decrease of $36,000 was due to payoffs of non-accrual loans in 2013 in which approximately $524,000 was recognized as interest income. Net income was $787,000 against $1,099,000 a year ago. The decrease in earnings was primarily due to a decrease in net interest income before provision of $36,000, an increase in the provision expense of $60,000, a decrease in the tax benefit of $282,000 and an increase in non-interest expense of $33,000 which was partially offset by an increase in non-interest income of $99,000. Earnings per share were $9.83 against $13.74 a year ago. Return on average assets was 0.30% against 0.42% a year ago. Return on average equity was 3.11% against 4.11% a year ago. Book value per share as on September 30, 2014, was $425.06.

Mars National Bank has Changed its Name to Mars National Bancorp, Inc

On July 02, 2014, Mars National Bank changed its name to Mars National Bancorp, Inc.


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