Vitals
  • Total Assets
    668.5M 1.6 %
  • Total Deposits
    583.7M 3.2 %
  • Total Net Loans
    532.1M -1.7 %
  • Net Income
    7.6M 4.9 %
  • Book Value
    65.4M 3.2 %
  • Book Value x2
    130.7M 3.2 %
  • Book Value x3
    196.1M 3.2 %
ROAA

1.133

ROAE

11.807

Efficiency Ratio

55.405

Net Interest Margin

3.776

Balance Sheet Highlights
Financial Highlights The Merchants National Bank All Insured Commercial Banks in Ohio
Balance Sheet $(000)
Total Assets 668,499 361,398
Total Net Loans 532,141 246,196
Total Deposits 583,746 299,385
Total Equity 65,357 40,120
Profitability
Net Income 7,603 3,580
Return on Average Assets 1.133 .879
Return on Average Equity 11.807 7.888
Net Interest Margin 3.776 3.69
Efficiency Ratio 55.405 68.453
Noninterest Income/Revenue 9.858 19.831
Balance Sheet Ratios
Loan-to-Deposit 91.16 76.786
Securities/Assets .071 .197
Total Equity/Total Assets .098 .111
Tangible Equity/Tangible Assets .096 .102
Capital Adequacy
Tier 1 Common Capital 65,723 37,120
Tier 1 Capital 65,723 37,403
Tier 2 Capital 5,725 2,742
Total Capital 71,448 40,139
Total Risk Weighted Assets 516,148 260,858
Leverage Ratio 9.82 10.639
Common Equity Tier 1 Capital Ratio 12.73 16.715
Tier 1 Capital Ratio 12.73 16.742
Total Capital Ratio 13.84 17.824

Timeline for The Merchants National Bank

The Citizens Bank Of Higginsport, Ohio

Acquisition: The Merchants National Bank acquired a new subsidiary, The Citizens Bank Of Higginsport, Ohio, 14 years

View Profile Aug 22 2009

Merchants Bancorp, Inc.

Merchants Bancorp, Inc. became a new parent organization for The Merchants National Bank.

View Profile Dec 31 1996

The Merchants National Bank

The Merchants National Bank was established 144 years ago and is currently headquartered in Hillsboro, OH.

Dec 25 1879
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
The Citizens Bank Of Higginsport, Ohio Seller 114,087 Acquisition Discontinued 8/22/2009
Relationships Role Relationship Start Relationship End
Merchants Bancorp, Inc. Parent 12/31/1996
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