MERCHANTS BANK

RUGBY, ND | Small | Est. Aug. 4, 1897, midnight | FDIC #8943 | RSSD #700458 | FDIC
Latest Report: 2025-12-31

MERCHANTS BANK is asn small FDIC-insured commercial bank headquartered in RUGBY, ND, established in Aug. 4, 1897, midnight. As of 2025-12-31, the bank reported total assets of $269M and total deposits of $239M. Profitability stands at 1.12% ROA and 11.47% ROE, with a net interest margin of 4.52%. The bank's CET1 capital ratio is 12.89%, well above the regulatory minimum. Asset quality metrics show a non-performing loan ratio of 1.12% and a Texas Ratio of 7.87%. FDIC Certificate #8943.

Assets

$269M

Deposits

$239M

Loans

$194M

Equity

$25M

Profitability

Return on Assets (ROA) 1.12%
Return on Equity (ROE) 11.47%
Net Interest Margin (NIM) 4.52%
Yield on Assets 6.03%
Cost of Funds 1.56%

Asset Quality

NPL Ratio 1.12%
Net Charge-Off Ratio 0.05%
Texas Ratio 7.87%
NPA Ratio 0.81%
ACL / Loans 1.15%

Capital & Liquidity

CET1 Ratio 12.89%
Tier 1 Capital 12.89%
Total Capital Ratio 14.01%
Leverage Ratio 10.05%
Loan-to-Deposit 81.31%

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