Merchants Bank: Vital Signs
Data as of · Call Report Schedules RC, RC-N, RC-R and RI How we update
The headline measure from each supervisory category on one page: capital adequacy, asset quality, earnings and liquidity, the same four corners a CAMELS examiner works through.
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. Merchants Bank ranks 24th of 60 North Dakota banks on return on assets, in the upper half at 1.65% (Q2 2026). Merchants Bank reported 1.65% on return on assets for Q2 2026, 0.39 points above the 1.25% median for banks in the $100M-1B asset tier.
Capital adequacy
| Line item | Q2 2026 |
|---|---|
| CET1 capital ratio | 13.87% |
| Tier 1 risk-based capital ratio | 13.87% |
| Total risk-based capital ratio | 15.03% |
| Tier 1 leverage ratio | 10.56% |
| Equity capital to assets | 10.43% |
| Tangible equity to tangible assets | 10.38% |
Asset quality
| Line item | Q2 2026 |
|---|---|
| Non-performing loans to loans | 1.13% |
| Non-performing assets ratio | 0.85% |
| Net charge-off ratio | 0.17% |
| Texas ratio | 8.30% |
| Allowance for credit losses to loans | 1.18% |
| Reserve coverage of non-performing loans | 104.44% |
Earnings
| Line item | Q2 2026 |
|---|---|
| Return on assets | 1.65% |
| Return on equity | 16.08% |
| Net interest margin | 4.29% |
| Efficiency ratio | 41.81% |
| Yield on earning assets | 5.61% |
| Cost of funds | 1.46% |
Liquidity and funding
| Line item | Q2 2026 |
|---|---|
| Loan-to-deposit ratio | 85.33% |
| Core deposits to total deposits | 82.72% |
| Brokered deposits to total deposits | 8.95% |
| Deposits to assets | 87.84% |
| Securities to assets | 18.10% |
Vital Signs trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Vital Signs by quarter
| Quarter | CET1 | Tier 1 RBC | Total RBC | Tier 1 leverage | ROA |
|---|---|---|---|---|---|
| Q3 2023 | 10.34% | 10.34% | 11.21% | 9.38% | 1.33% |
| Q4 2023 | 10.46% | 10.46% | 11.36% | 9.21% | 0.69% |
| Q1 2024 | 11.46% | 11.46% | 12.43% | 9.23% | 1.11% |
| Q2 2024 | 10.89% | 10.89% | 11.84% | 9.56% | 1.18% |
| Q3 2024 | 10.44% | 10.44% | 11.36% | 9.30% | 1.24% |
| Q4 2024 | 11.45% | 11.45% | 12.44% | 9.59% | 1.28% |
| Q1 2025 | 12.74% | 12.74% | 13.82% | 9.69% | 1.09% |
| Q2 2025 | 12.07% | 12.07% | 13.12% | 10.01% | 1.76% |
| Q3 2025 | 12.69% | 12.69% | 13.76% | 10.24% | 1.71% |
| Q4 2025 | 12.89% | 12.89% | 14.01% | 10.05% | 1.13% |
| Q1 2026 | 14.91% | 14.91% | 16.16% | 10.17% | 1.39% |
| Q2 2026 | 13.87% | 13.87% | 15.03% | 10.56% | 1.65% |
Merchants Bank vital signs, all the way back
Vital Signs back to 2001 · peer percentiles on every line item · Excel export
Unlock Merchants Bank, freeSource: Call Report Schedules RC, RC-N, RC-R and RI, 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)