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BDI
MB

Merchants Bank, National Association

Winona, MinnesotaFDIC Cert #8866

OCCEstablished 187522 branches

Holding company: MERCHANTS FINANCIAL GROUP INCRegulator: OCC

FDICCERT + OFFDOM

Balance sheet & income statement

Financials

Reported balance-sheet positions and year-to-date earnings from the latest FDIC Call Report.

As of Q1 2026

Balance sheet trend

Assets & deposits

Time range
Reporting mode
Assets and deposits by reporting quarter
QuarterAssetsDeposits
Q2 2021$2.71B$2.39B
Q3 2021$2.74B$2.42B
Q4 2021$2.82B$2.52B
Q1 2022$2.82B$2.52B
Q2 2022$2.65B$2.34B
Q3 2022$2.61B$2.3B
Q4 2022$2.58B$2.26B
Q1 2023$2.52B$2.18B
Q2 2023$2.47B$2.1B
Q3 2023$2.52B$2.15B
Q4 2023$2.6B$2.18B
Q1 2024$2.59B$2.23B
Q2 2024$2.63B$2.25B
Q3 2024$2.69B$2.33B
Q4 2024$2.78B$2.43B
Q1 2025$2.81B$2.45B
Q2 2025$2.77B$2.41B
Q3 2025$2.82B$2.45B
Q4 2025$2.9B$2.52B
Q1 2026$2.93B$2.55B

Balance sheet

Core assets, funding, and capital reported at quarter end.

Assets
$2.93B
+4.3%y/y
Percentile by value98th percentileby value
Peer standing in FFIEC UBPR Peer Group 4 — Insured commercial banks having assets between $1 billion and $3 billion
FDICASSET
Deposits
$2.55B
+4.3%y/y
Percentile by value98th percentileby value
Peer standing in FFIEC UBPR Peer Group 4 — Insured commercial banks having assets between $1 billion and $3 billion
FDICDEP
Gross loans
$2.04B
−2.0%y/y
Percentile by value93rd percentileby value
Peer standing in FFIEC UBPR Peer Group 4 — Insured commercial banks having assets between $1 billion and $3 billion
FDICLNLSGR
Net loans
$2.01B
−1.9%y/y
Percentile by value93rd percentileby value
Peer standing in FFIEC UBPR Peer Group 4 — Insured commercial banks having assets between $1 billion and $3 billion
FDICLNLSNET
Securities
$498M
+51.2%y/y
Percentile by value86th percentileby value
Peer standing in FFIEC UBPR Peer Group 4 — Insured commercial banks having assets between $1 billion and $3 billion
FDICSC
Cash
$223M
−6.0%y/y
Percentile by value86th percentileby value
Peer standing in FFIEC UBPR Peer Group 4 — Insured commercial banks having assets between $1 billion and $3 billion
FDICCHBAL
Liabilities
$2.59B
+3.8%y/y
Percentile by value98th percentileby value
Peer standing in FFIEC UBPR Peer Group 4 — Insured commercial banks having assets between $1 billion and $3 billion
FDICLIAB
Equity
$341M
+8.2%y/y
Peer standing96th percentile
Peer standing in FFIEC UBPR Peer Group 4 — Insured commercial banks having assets between $1 billion and $3 billion
FDICEQ

Income statement

Year-to-date reported earnings and core revenue components.

Revenue
$31.7M
+10.7%y/y
Peer standing93rd percentile
Peer standing in FFIEC UBPR Peer Group 4 — Insured commercial banks having assets between $1 billion and $3 billion
FDICNIM + NONII
NII
$23.8M
+11.2%y/y
Peer standing90th percentile
Peer standing in FFIEC UBPR Peer Group 4 — Insured commercial banks having assets between $1 billion and $3 billion
FDICNIM
Noninterest income
$7.87M
+9.4%y/y
Peer standing94th percentile
Peer standing in FFIEC UBPR Peer Group 4 — Insured commercial banks having assets between $1 billion and $3 billion
FDICNONII
Provision
$1.13M
+214.2%y/y
Percentile by value86th percentileby value
Peer standing in FFIEC UBPR Peer Group 4 — Insured commercial banks having assets between $1 billion and $3 billion
FDICELNATR
Pretax income
$10.8M
+16.0%y/y
Peer standing87th percentile
Peer standing in FFIEC UBPR Peer Group 4 — Insured commercial banks having assets between $1 billion and $3 billion
FDICPTAXNETINC
Net income
$8.91M
+26.0%y/y
Peer standing86th percentile
Peer standing in FFIEC UBPR Peer Group 4 — Insured commercial banks having assets between $1 billion and $3 billion
FDICNETINC