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Press release content from Business Wire. The AP news staff was not involved in its creation. Merchants & Marine Bank Launches Residential Mortgage Division April 12, 2021 GMT PASCAGOULA, Miss. (BUSINESS WIRE) Apr 12, 2021 At its annual shareholders meeting on April 1st, Merchants & Marine Bank announced the creation of Canvas Mortgage, a new residential mortgage banking division. Canvas Mortgage will operate as a standalone division of the bank and serve the bank’s trade area of Mississippi and the Alabama Gulf Coast as well surrounding communities. The new mortgage division will be led by Jonathan Shows and Sharon Rice, two of the region’s most accomplished residential mortgage leaders. Shows will serve as President, Mortgage Production, and Rice will be President, Mortgage Operations. Shows and Rice will be supported by a talented team of mortgage loan originators, underwriters and compliance officers.

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