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 Merchants Bank
Merchants Bank
| RSSD ID 700458 | CERTIFICATE 8943 | ABA NUMBER 91300641 |
| 210 S Main Ave |
Quarter Ended : |
2025-12-31 |
| Rugby, North Dakota, 58368 |
Updated : |
2026-01-23 |
| www.merchantsbankrugby.com |
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| Institution Profile |
| Year Opened : |
1897 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Agricultural Specialization |
| Number of Offices : |
6 |
Number of Employees : |
33 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 269,474 |
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Total Interest Income | 13,987 |
| Total Liabilities | 243,999 |
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Total NonInterest Income | 356 |
| Total Bank Equity Capital | 25,475 |
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Total Interest Expense | 3,654 |
| Total Deposits | 238,722 |
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Total NonInterest Expense | 5,749 |
| Net Loans & Leases | 191,866 |
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Net Income | 3,546 |
| Loan Loss Allowance | 2,236 |
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Net Charge Offs | 94 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 28,036 |
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Total loans | 196,345 |
| Total assets for the leverage ratio | 256,676 |
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Loans secured by real estate: | 79,531 |
| Tier 1 Leverage Ratio | 10.05 |
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Commercial and industrial loans | 12,336 |
| Tier 1 Capital Ratio | 12.89 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 14.01 |
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Loans to individuals - Other | 3,358 |
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:· Merchants Bank
