Merchants Bank: Loan Portfolio
Data as of · Call Report Schedule RC-C How we update
The loan book by category. Concentration is what supervisors read here: a portfolio weighted heavily toward one collateral type carries that sector's cycle, which is the mechanism behind most community-bank failures.
Loan-to-deposit ratio climbed 6.61 percentage points in Q2 2026, from 78.72% to 85.33%. It was the largest change from Q1 2026 among the key lines here. Within North Dakota, Merchants Bank is 21st of 60 on loan-to-deposit ratio, 85.33% as of Q2 2026, above the middle of the field. Merchants Bank reported 85.33% on loan-to-deposit ratio for Q2 2026, 4.49 points above the 80.84% median for banks in the $100M-1B asset tier.
Loan totals
| Line item | Q2 2026 |
|---|---|
| Total loans and leases | $190.6M |
| Net loans and leases | $188.3M |
| Loans held for sale | $0 |
| Loans to total assets | 74.96% |
| Loan-to-deposit ratio | 85.33% |
| Net loans to equity capital | 7.10% |
Portfolio mix (share of total loans)
| Line item | Q2 2026 |
|---|---|
| Commercial real estate (nonfarm nonresidential) | 2.75% |
| Multifamily (5+ residential) | 1.05% |
| Commercial and industrial | 9.30% |
| Consumer | 1.68% |
| Credit cards | 0.00% |
| Farm | 32.35% |
| Loans to depository institutions | 0.00% |
| State and political subdivisions | 0.83% |
Concentration measures
| Line item | Q2 2026 |
|---|---|
| CRE concentration (Tier 1 capital + allowance) | 13.02% |
| Construction concentration (Tier 1 capital + allowance) | 0.17% |
Supervisory definition (FFIEC UBPR page 7B): construction and land development, multifamily, non-owner-occupied nonfarm nonresidential and unsecured CRE loans, over Tier 1 capital plus the allowance for credit losses. Owner-occupied CRE and farmland are excluded. The 2006 interagency guidance flags CRE above 300% of capital, or construction and development above 100%, for heightened supervisory scrutiny. These are screening thresholds, not limits.
Loan earnings
| Line item | Q2 2026 |
|---|---|
| Yield on loans | 6.53% |
| Interest income on loans | $2.9M |
Loan Portfolio trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Loan Portfolio by quarter
| Quarter | Total loans | Total deposits | Commercial real estate | Commercial and industrial | Consumer |
|---|---|---|---|---|---|
| Q3 2023 | $165.7M | $196.4M | 4.48% | 9.21% | 1.55% |
| Q4 2023 | $163.6M | $210.5M | 4.22% | 9.00% | 1.58% |
| Q1 2024 | $160.4M | $216.1M | 4.16% | 9.29% | 1.64% |
| Q2 2024 | $174.0M | $207.8M | 3.91% | 7.58% | 1.41% |
| Q3 2024 | $181.4M | $211.9M | 3.44% | 7.75% | 1.32% |
| Q4 2024 | $179.4M | $225.5M | 3.73% | 7.87% | 1.52% |
| Q1 2025 | $172.7M | $227.0M | 3.87% | 8.02% | 1.63% |
| Q2 2025 | $191.6M | $217.5M | 4.15% | 7.18% | 1.64% |
| Q3 2025 | $197.3M | $212.5M | 4.07% | 6.19% | 1.70% |
| Q4 2025 | $194.1M | $238.7M | 4.18% | 6.84% | 1.70% |
| Q1 2026 | $178.5M | $226.7M | 4.17% | 8.07% | 1.74% |
| Q2 2026 | $190.6M | $223.4M | 2.75% | 9.30% | 1.68% |
Merchants Bank loan portfolio, all the way back
Loan Portfolio back to 2001 · peer percentiles on every line item · Excel export
Unlock Merchants Bank, freeSource: Call Report Schedule RC-C, as filed with the FFIEC and standardized by BankRegReports. Dollar amounts are as reported, point-in-time; income statement items are year-to-date through the report date. See the full Merchants Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 8943) · FFIEC NIC profile (RSSD 700458)