Merchants Bank, N.A.: Regulatory Capital
Data as of · Call Report Schedule RC-R How we update
The regulatory capital stack and the risk-weighted assets it is measured against. A bank is well capitalized at 6.5% CET1, 8% Tier 1 and 10% total risk-based capital; the conservation buffer effectively lifts CET1 to 7%.
Accumulated other comprehensive income dropped 9.2% in Q2 2026, from -$9.3M to -$10.1M. It was the largest change from Q1 2026 among the key lines here. Merchants Bank, N.A. ranks 91st of 161 Minnesota banks on CET1 ratio, in the lower half at 13.46% (Q2 2026). At 13.46%, Merchants Bank, N.A.'s CET1 ratio is close to the 13.48% median for banks in the $1B-10B asset tier (Q2 2026).
Risk-based capital ratios
| Line item | Q2 2026 |
|---|---|
| Common equity Tier 1 ratio | 13.46% |
| Tier 1 risk-based capital ratio | 13.46% |
| Total risk-based capital ratio | 14.60% |
| Tier 1 leverage ratio | 11.49% |
The leverage ratio is measured against average total assets, not risk-weighted assets, so it will normally sit well below the risk-based ratios. Equal values would indicate a reporting error.
Capital amounts
| Line item | Q2 2026 |
|---|---|
| Common equity Tier 1 capital | $328.6M |
| Tier 1 capital | $328.6M |
| Total risk-based capital | $356.6M |
| Total equity capital | $344.2M |
| Risk-weighted assets | $2.44B |
Capital adequacy
| Line item | Q2 2026 |
|---|---|
| Equity capital to total assets | 11.94% |
| Tangible equity to tangible assets | 10.84% |
| Equity capital to average assets | 11.92% |
| Internal capital growth rate | 5.28% |
Capital structure
| Line item | Q2 2026 |
|---|---|
| Common stock | $3.4M |
| Common stock surplus | $83.8M |
| Retained earnings | $267.1M |
| Preferred stock and surplus | $0 |
| Accumulated other comprehensive income | -$10.1M |
| Subordinated notes and debentures | $0 |
Regulatory Capital trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Regulatory Capital by quarter
| Quarter | CET1 | Tier 1 RBC | Total RBC | Tier 1 leverage | Risk-weighted assets |
|---|---|---|---|---|---|
| Q3 2023 | 12.03% | 12.03% | 13.22% | 11.62% | $2.40B |
| Q4 2023 | 11.35% | 11.35% | 12.50% | 11.16% | $2.46B |
| Q1 2024 | 11.79% | 11.79% | 12.95% | 11.05% | $2.42B |
| Q2 2024 | 12.04% | 12.04% | 13.26% | 11.06% | $2.39B |
| Q3 2024 | 12.27% | 12.27% | 13.52% | 10.89% | $2.36B |
| Q4 2024 | 11.75% | 11.75% | 12.98% | 10.58% | $2.47B |
| Q1 2025 | 12.26% | 12.26% | 13.51% | 10.60% | $2.43B |
| Q2 2025 | 12.37% | 12.37% | 13.56% | 11.04% | $2.45B |
| Q3 2025 | 12.94% | 12.94% | 14.15% | 11.16% | $2.40B |
| Q4 2025 | 12.90% | 12.90% | 14.02% | 11.28% | $2.44B |
| Q1 2026 | 13.29% | 13.29% | 14.45% | 11.29% | $2.44B |
| Q2 2026 | 13.46% | 13.46% | 14.60% | 11.49% | $2.44B |
Merchants Bank, N.A. regulatory capital, all the way back
Regulatory Capital back to 2001 · peer percentiles on every line item · Excel export
Unlock Merchants Bank, N.A., freeSource: Call Report Schedule RC-R, 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, N.A. profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 8866) · FFIEC NIC profile (RSSD 779351)