Bankgraph
FDIC data through Q2 ʼ26
Institutions /

Merchants Bank

Merchants Bank, National Association
Winona, MN FDIC 8866 OCC Merchants Financial Group Inc Asset group $1B – $10B 22 offices · 385 employees Filed Q2 2026
Assets
$2.9B
Deposits
$2.5B
ROA
1.23%
ROE
10.53%
NIM
3.65%
Efficiency
63.53%
Tier 1 capital
13.46%
Total capital
14.60%
Noncurrent loans
0.53%
Loans / deposits
81.50%

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