Merchants Bank, National Association

Merchants Bank, National Association Locations

100-106 East Third Street
Winona, MN 55987
866-496-0522
www.merchantsbank.com

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Merchants Bank, National Association is headquartered in Winona and is the 7^th largest bank in the state of Minnesota. It is also the 513^st largest bank in the nation. It was established in 1875 and as of March of 2012, it had grown to 322 employees at 19 locations. Merchants Bank, National Association's savings rates are 44% higher than the national average, and it boasts a 5-star health rating.

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See Rates for: Checking | Savings | Money Market | CD | IRA

Merchants Bank, National Association Checking Account Rates

Apy	Min	Max	Product
0.80%^†	$1m	-	Business Nonprofit Checking Tiered
0.25%^†	-	-	Repurchase Agreement
0.15%^†	$50k	-	Legacy
0.15%^†	$50k	-	Premier Club
0.15%^†	$50k	-	Partnership Banking
0.15%^†	$50k	-	Premier Club Plus
0.10%^†	-	-	Interest Bearing Business Checking

Merchants Bank, National Association Savings Account Rates

Apy	Min	Max	Product
1.10%^†	$25k	-	HSA Checking
0.70%^†	$200k	-	IRA Savings Account
0.55%^†	$500	-	24 Month "Summit" HSA
0.55%^†	$500	-	36 Month & Over HSA
0.45%^†	$500	-	29 Month HSA Special
0.45%^†	$500	-	30 - 35 Month HSA
0.40%^†	$500	-	24 - 29 Month HSA
0.40%^†	-	-	Christmas Club
0.40%^†	-	-	Vacation Club
0.20%^†	$500	-	19 Month HSA Special
0.15%^†	$500	-	12 - 23 Month HSA
0.15%^†	$2,500	-	Advantage Savings
0.15%^†	$2,500	-	Business Advantage Savings
0.10%^†	$500	-	1 - 5 Month HSA
0.10%^†	$500	-	6 - 11 Month HSA
0.10%^†	-	-	Kids Savers Club
0.10%^†	$50	-	Business Basic Savings
0.05%^†	$50	-	Basic Savings

Merchants Bank, National Association Money Market Rates

Apy	Min	Max	Product
0.80%^†	$1m	-	Diamond Money Market
0.80%^†	$1m	-	Business Diamond Money Market
0.55%^†	-	-	Funeral Home Money Market

Merchants Bank, National Association CD Rates

Apy	Min	Max	Product
0.55%^†	$500	-	36 Month & Over CD
0.45%^†	$500	-	30 - 35 Month CD
0.45%^†	$500	-	29 Month CD Special
0.40%^†	$500	-	24 - 29 Month CD
0.20%^†	$500	-	19 Month CD Special
0.15%^†	$500	-	12 - 23 Month CD
0.10%^†	$500	-	1 - 5 Month CD
0.10%^†	$500	-	6 - 11 Month CD

Merchants Bank, National Association IRA Rates

Apy	Min	Max	Product
0.55%^†	$500	-	24 Month "Summit" IRA
0.55%^†	$500	-	36 Month & Over IRA
0.45%^†	$500	-	29 Month IRA Special
0.45%^†	$500	-	30 - 35 Month IRA
0.40%^†	$500	-	24 - 29 Month IRA
0.20%^†	$500	-	19 Month IRA Special
0.15%^†	$500	-	12 - 23 Month IRA
0.10%^†	$500	-	1 - 5 Month IRA
0.10%^†	$500	-	6 - 11 Month IRA

Rates updated: 5/26/2012

Data for Q1 2012

Institution Statistics

Merchants Bank, National Association
FDIC Certificate #	8866
BankRate Report	View
Year Established	1875
Employees	322
Primary Regulator	OCC
Assets and Liabilities
Assets	$1.31 billion
Loans	$794.84 million
Deposits	$1.07 billion
Equity Capital	$142.99 million
Loan Loss Allowance	$12.58 million
Unbacked Noncurrent Loans	$11.56 million
Real Estate Owned	$7.10 million
Historic Data - March 2011
Assets	$1.16 billion
Equity Capital	$133.45 million
Loan Loss Allowance	$13.17 million
Unbacked Noncurrent Loans	$15.50 million
Real Estate Owned	$10.38 million
Profit Margin - Quarterly
Net Interest Margin	4.09%
Return on Assets	1.23%
Return on Equity	11.13%
Interest Income	$13.87 million

Institution Health

Overall Score:

5 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Merchants Bank, National Association had $18.66 million in non-current loans and owned real-estate with $155.57 million in equity and loan loss allowances on hand to cover it. This gives Merchants Bank, National Association a Texas Ratio of 11.99% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Merchants Bank, National Association decreased slightly from 15.94% as of March 31, 2011 to 11.99% as of March 31, 2012, resulting in a positive change of 24.75%.This indicates that the balance sheet and financial strength for Merchants Bank, National Association has improved slightly in recent periods.
Deposit Growth
In the past year, Merchants Bank, National Association has increased its total deposits by $148.31 million, resulting in 16.06% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Merchants Bank, National Association has shown is excellent.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Merchants Bank, National Association has $1.31 billion in assets with $155.57 million in equity, resulting in a capitalization level of 11.91%, which is above average.

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