Merchants Bank, N.A.: 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.
Loans held for sale climbed 133.7% in Q2 2026, from $8.7M to $20.4M. It was the largest change from Q1 2026 among the key lines here. Within Minnesota, Merchants Bank, N.A. is 104th of 221 on loan-to-deposit ratio, 82.54% as of Q2 2026, above the middle of the field. Merchants Bank, N.A. reported 82.54% on loan-to-deposit ratio for Q2 2026, 5.66 points below the 88.20% median for banks in the $1B-10B asset tier.
Loan totals
| Line item | Q2 2026 |
|---|---|
| Total loans and leases | $2.06B |
| Net loans and leases | $2.04B |
| Loans held for sale | $20.4M |
| Loans to total assets | 71.56% |
| Loan-to-deposit ratio | 82.54% |
| Net loans to equity capital | 5.92% |
Portfolio mix (share of total loans)
| Line item | Q2 2026 |
|---|---|
| Commercial real estate (nonfarm nonresidential) | 29.26% |
| Multifamily (5+ residential) | 14.62% |
| Commercial and industrial | 16.04% |
| Consumer | 1.69% |
| Credit cards | 0.84% |
| Farm | 4.62% |
| Loans to depository institutions | 0.00% |
| State and political subdivisions | 4.44% |
Concentration measures
| Line item | Q2 2026 |
|---|---|
| CRE concentration (Tier 1 capital + allowance) | 199.43% |
| Construction concentration (Tier 1 capital + allowance) | 21.27% |
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 | 5.68% |
| Interest income on loans | $28.8M |
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 | $2.08B | $2.15B | 30.99% | 21.02% | 2.22% |
| Q4 2023 | $2.16B | $2.18B | 29.98% | 20.70% | 2.12% |
| Q1 2024 | $2.19B | $2.23B | 28.51% | 20.73% | 2.01% |
| Q2 2024 | $2.21B | $2.25B | 27.50% | 20.84% | 1.97% |
| Q3 2024 | $2.17B | $2.33B | 27.93% | 20.09% | 1.97% |
| Q4 2024 | $2.12B | $2.43B | 28.72% | 19.45% | 1.97% |
| Q1 2025 | $2.08B | $2.45B | 29.06% | 19.23% | 1.93% |
| Q2 2025 | $2.09B | $2.41B | 28.57% | 18.84% | 1.86% |
| Q3 2025 | $2.07B | $2.45B | 30.00% | 17.62% | 1.84% |
| Q4 2025 | $2.05B | $2.52B | 29.85% | 16.93% | 1.83% |
| Q1 2026 | $2.04B | $2.55B | 29.96% | 15.89% | 1.73% |
| Q2 2026 | $2.06B | $2.50B | 29.26% | 16.04% | 1.69% |
Merchants Bank, N.A. loan portfolio, all the way back
Loan Portfolio back to 2001 · peer percentiles on every line item · Excel export
Unlock Merchants Bank, N.A., 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, N.A. profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 8866) · FFIEC NIC profile (RSSD 779351)