Vitals
  • Total Assets
    1.6B 2.1 %
  • Total Deposits
    1.4B 9.0 %
  • Total Net Loans
    1.3B 7.3 %
  • Net Income
    15.8M 5.1 %
  • Book Value
    188.4M 6.3 %
  • Book Value x2
    376.8M 6.3 %
  • Book Value x3
    565.2M 6.3 %
ROAA

.973

ROAE

8.625

Efficiency Ratio

64.721

Net Interest Margin

4.109

Balance Sheet Highlights
Financial Highlights Merchants Bank, National Association All Insured Commercial Banks in Minnesota
Balance Sheet $(000)
Total Assets 1,620,732 147,703
Total Net Loans 1,331,830 97,223
Total Deposits 1,352,644 126,600
Total Equity 188,412 15,565
Profitability
Net Income 15,841 1,683
Return on Average Assets .973 1.08
Return on Average Equity 8.625 9.905
Net Interest Margin 4.109 3.845
Efficiency Ratio 64.721 68.21
Noninterest Income/Revenue 18.973 13.68
Balance Sheet Ratios
Loan-to-Deposit 98.461 75.205
Securities/Assets .087 .174
Total Equity/Total Assets .116 .105
Tangible Equity/Tangible Assets .093 .103
Capital Adequacy
Tier 1 Common Capital 174,072 15,225
Tier 1 Capital 174,072 15,232
Tier 2 Capital 16,835 1,135
Total Capital 190,907 16,386
Total Risk Weighted Assets 1,490,312 105,251
Leverage Ratio 10.75 10.475
Common Equity Tier 1 Capital Ratio 11.68 15.3
Tier 1 Capital Ratio 11.68 15.308
Total Capital Ratio 12.81 16.398

Timeline for Merchants Bank, National Association

Merchants Capital Resources, Inc.

Acquisition: Merchants Bank, National Association acquired a new subsidiary, Merchants Capital Resources, Inc. , 9 years

View Profile Jan 01 2016

Merchants Community Development Corporation

Merchants Community Development Corporation became a new subsidiary organization for Merchants Bank, National Association.

View Profile Mar 31 2008

The First National Bank In Cannon Falls

Acquisition: Merchants Bank, National Association acquired a new subsidiary, The First National Bank In Cannon Falls, 17 years

View Profile Sep 21 2007

Merchants Bank, National Association

Acquisition: Merchants Bank, National Association acquired a new subsidiary, Merchants Bank, National Association, 17 years

View Profile Sep 21 2007

Saint Charles Branch

Acquisition: Merchants Bank, National Association acquired a new subsidiary, Saint Charles Branch , 34 years

View Profile Feb 10 1990

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Complete timeline for Merchants Bank, National Association is available.

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Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Merchants Capital Resources, Inc. Seller Pooling of Interests Discontinued 1/1/2016
Merchants Bank, National Association Seller 95,953 Pooling of Interests Discontinued 6/27/2009
Merchants Bank, National Association Seller 48,053 Pooling of Interests Discontinued 6/27/2009
The First National Bank In Cannon Falls Seller 116,684 Acquisition Discontinued 9/21/2007
Merchants Bank, National Association Seller 104,984 Pooling of Interests Discontinued 9/21/2007
Saint Charles Branch Seller Discontinued 2/10/1990
Relationships Role Relationship Start Relationship End
Merchants Financial Group, Inc. Parent 12/31/1989
Merchants Financial Group, Inc. Parent 11/30/1984 12/30/1989
Hiawatha Holding Company Subsidary 6/30/2007
Merchants Community Development Corporation Subsidary 3/31/2008
Merchants Capital Resources, Inc. Subsidary 6/30/2007 12/31/2015
Merchants Capital Resources, Inc. Subsidary 12/31/1988 6/29/2007
Hiawatha Holding Company Subsidary 12/31/1988 6/29/2007
Black River Country Bank Subsidary 11/14/1986 4/23/1992
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