Merchants National Bank: Liquidity and Borrowings
Data as of · Call Report Schedules RC and RC-M How we update
Cash, the assets that can be turned into cash, and the borrowed money standing behind the deposit base. Heavy reliance on non-core wholesale funding is what turns a deposit outflow into a forced sale of securities.
Loans and leases to core deposits climbed 5.90 percentage points in Q2 2026, from 87.02% to 92.92%. It was the largest change from Q1 2026 among the key lines here. Within Ohio, Merchants National Bank is 61st of 156 on loan-to-deposit ratio, 85.97% as of Q2 2026, above the middle of the field. At 85.97%, Merchants National Bank's loan-to-deposit ratio is close to the 88.20% median for banks in the $1B-10B asset tier (Q2 2026).
Liquid assets
| Line item | Q2 2026 |
|---|---|
| Cash and balances due from depository institutions | $98.6M |
| Cash and noninterest-bearing balances to assets | — |
| Cash and securities | $256.3M |
| Fed funds sold and reverse repos | $556K |
| Fed funds sold and reverse repos to assets | 0.04% |
Borrowed funds
| Line item | Q2 2026 |
|---|---|
| Fed funds purchased and repos | $8.8M |
| Other borrowed money | $10.0M |
| Subordinated notes and debentures | $0 |
| Other borrowed money to assets | 0.79% |
| Trading liabilities | $0 |
Funding structure
| Line item | Q2 2026 |
|---|---|
| Loan-to-deposit ratio | 85.97% |
| Net loans and leases to deposits | 84.95% |
| Loans and leases to core deposits | 92.92% |
| Core deposits to total deposits | 92.53% |
| Brokered deposits to total deposits | 0.00% |
Liquidity and Borrowings trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Liquidity and Borrowings by quarter
| Quarter | Loan-to-deposit | Core deposits share | Fed funds purchased and repos | Other borrowed money |
|---|---|---|---|---|
| Q3 2023 | 91.05% | 95.17% | $10.8M | $98.3M |
| Q4 2023 | 92.88% | 94.93% | $2.4M | $125.8M |
| Q1 2024 | 88.69% | 94.98% | $9.3M | $92.6M |
| Q2 2024 | 90.31% | 94.41% | $9.9M | $92.6M |
| Q3 2024 | 90.44% | 94.02% | $11.7M | $102.6M |
| Q4 2024 | 92.20% | 94.16% | $8.6M | $86.6M |
| Q1 2025 | 83.52% | 94.36% | $12.4M | $50.0M |
| Q2 2025 | 86.26% | 93.41% | $11.3M | $50.0M |
| Q3 2025 | 85.51% | 93.32% | $4.4M | $50.0M |
| Q4 2025 | 85.98% | 92.95% | $5.9M | $50.0M |
| Q1 2026 | 80.93% | 93.00% | $13.8M | $10.0M |
| Q2 2026 | 85.97% | 92.53% | $8.8M | $10.0M |
Merchants National Bank liquidity and borrowings, all the way back
Liquidity and Borrowings back to 2001 · peer percentiles on every line item · Excel export
Unlock Merchants National Bank, freeSource: Call Report Schedules RC and RC-M, 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 National Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 6605) · FFIEC NIC profile (RSSD 701222)