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Merchants & Marine Bank Names Jonathan Jones Chief Credit Officer

Merchants & Marine Bank, a division of TownBridge Bank, is pleased to announce that Jonathan Jones has been named Chief Credit Officer and will join the bank Brand’s Executive Leadership Team. 

Jones brings extensive banking experience and a strong understanding of Merchants & Marine Bank’s customers, markets, and culture to his new role. Prior to his appointment as Chief Credit Officer, he served as Senior Business Banker and Senior Vice President, where he built strong relationships with customers and provided guidance and expertise to businesses across the Brand’s footprint. 

As Chief Credit Officer, Jones will oversee the Brand’s credit function and play a key role in supporting sound, strategic Brand lending practices and responsible growth. His experience working directly with business customers will provide valuable perspective as he takes on this expanded leadership responsibility. 

“Jonathan’s promotion is a great example of the talent and leadership that exists within Merchants & Marine Bank,” said Paige Oliver, President and Chief Executive Officer of Merchants & Marine Bank. “Throughout his career with our bank, Jonathan has consistently demonstrated sound judgment, strong leadership and a genuine commitment to our customers and communities. His experience as a banker, combined with his knowledge of our organization, makes him a tremendous addition to our Brand’s Executive Leadership Team. We are excited to see him take on this new role and look forward to the impact he will make.” 

Jones said he is honored to take on the new responsibility and looks forward to continuing to contribute to the Brand’s success in his expanded role. 

“I am grateful for the opportunity to serve Merchants & Marine Bank in this capacity and to join the Brand’s Executive Leadership Team,” said Jones. “I have been fortunate to work alongside an incredible team and build relationships with customers throughout my time at Merchants & Marine Bank. In this new role, I look forward to supporting our team, maintaining a strong and disciplined approach to credit, and helping position our Bank for continued growth while staying true to the relationships and communities that make Merchants & Marine Bank special.” 

Jones’ appointment reflects Merchants & Marine Bank’s commitment to developing and recognizing talent from within the organization. His career progression at the Bank demonstrates the opportunities available to team members who bring strong leadership, expertise, and a commitment to the Bank’s customers and communities. 

“Investing in our team and creating opportunities for them to grow is an important part of who we are at Merchants & Marine Bank,” Oliver said. “Jonathan’s journey is a great reflection of that commitment.” 

About Merchants & Marine Bank 

Merchants & Marine Bank, a division of TownBridge Bank, is a community bank serving Southern Mississippi and Coastal Alabama. Since 1899, Merchants & Marine Bank has built lasting relationships with the individuals, families, and businesses that make its communities strong. 

At Merchants & Marine Bank, banking is personal. Its local bankers know the communities they serve and the people and businesses that call them home. Merchants & Marine Bank pairs that hometown approach with the financial products, expertise, and resources of the broader TownBridge organization—helping clients pursue their goals while preserving the local relationships and personal service that have defined Merchants & Marine Bank for generations. 

For more information about Merchants & Marine Bank, visit www.mandmbank.com. 

About TownBridge Bank 

TownBridge Bank is a Mississippi-chartered community bank and wholly owned subsidiary of Merchants & Marine Bancorp, Inc. (OTCQX: MNMB). Through its Family of Brands, TownBridge combines the local leadership, relationships, and community focus of great community banks with the resources, capabilities, and expertise of a larger regional banking organization. 

TownBridge serves communities across the Gulf South through its locally led banking divisions—Merchants & Marine Bank in Mississippi and Coastal Alabama, Mississippi River Bank in Southeast Louisiana, and Farmers-Merchants Bank in Louisiana’s Acadiana region—as well as specialized financial services brands including Canvas Mortgage, Voyager Lending and CannaFirst Financial. Its Community of Resources brand provides shared operational, risk, and support capabilities across the organization. 

Originally founded as Merchants & Marine Bank in 1899, the bank adopted the TownBridge Bank name in 2026 to provide a shared charter identity for its growing Family of Brands while allowing its community banking and financial services brands to retain the local identities, leadership and relationships that make them distinctive. 

For more information about TownBridge Bank and its Family of Brands, visit www.townbridge.bank