FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Moore Paul H Jr 		2. Issuer Name and Ticker or Trading Symbol

Merchants & Marine Bancorp, Inc. [ none ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

3118 PASCAGOULA STREET 		3. Date of Earliest Transaction (MM/DD/YYYY)

6/26/2012
(Street)

PASCAGOULA, MS 39567
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock Par Value $2.50   6/26/2012     P    25   A $40   525   (1) D    
Common Stock Par Value $2.50                  480   I   IRA Account  
Common Stock Par Value $2.50                  16   (2) I   By Spouse  
Common Stock Par Value $2.50                  0   (3) I   By Son  
Common Stock Par Value $2.50                  13485   (4) I   As Trustee  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:
( 1)  On last Form 4 filed on 12/19/11, the total amt of Securities owned was 11,671. On 02/09/12, 1,581 shares were transferred from Direct Ownership to Indirect on a Custodial acct with his son. On 05/31/12, 9,590 shares were sold at $40 per share to the Trust Acct reported "As Trustee". Therefore, 11,671 shares minus 1,581 minus 9,590 equals 500 total shares Plus the 25 shares purchased on 06/26/12 = 525 shares.
( 2)  On last Form 4 filed on 12/19/11, the total amt of Securities owned Indirectly by Spouse was 2,926. On 05/31/12, 2,910 shares were sold to the Trust Account reported "As Trustee", leaving 16 shares owned by Spouse.
( 3)  On last Form 4 filed on 12/19/11, the total amt of Securitues owned Indirectly by Son was 1,000, but on 02/09/12, 1,581 shares were transferred from Custodial Acct owned Directly into Indirectly "BY SON", on 05/31/12 the total of 2,581 shares stopped being reported by his Father because of SEC requirements. Therefore, the grand total is "0".
( 4)  On last Form 4 filed on 12/19/11, the total amt of Securities owned Indirectly "As Trustee" was 985, but on 05/31/12, the Trust purchased 9,590 shares from Paul H Moore, Jr. from Direct and 2,910 shares from Indirect "By Spouse". Therefore, 985 shares plus 9,590 shares plus 2,910 shares equal 13,485 total shares.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Moore Paul H Jr
3118 PASCAGOULA STREET
PASCAGOULA, MS 39567 		X



Signatures
/s/ Paul H Moore Jr 6/27/2012
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
Merchants and Marine Ban... (QX) (USOTC:MNMB)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Merchants and Marine Ban... (QX) Charts.
Merchants and Marine Ban... (QX) (USOTC:MNMB)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Merchants and Marine Ban... (QX) Charts.