Merchants Bank (MN) is headquartered in Winona and is the 5th largest bank in the state of Minnesota. It is also the 473rd largest bank in the nation. It was established in 1875 and as of December of 2018, it had grown to 399 employees at 23 locations. Merchants Bank (MN) has an A health rating.
|FDIC Certificate #||8866|
|Return on Assets - YTD||1.27%|
|Return on Equity - YTD||10.39%|
|Annual Interest Income||$73.8MM|
|Assets and Liabilities|
|Assets||Q4 2018vs Q4 2017||$1.77B$1.66B|
|Loans||Q4 2018vs Q4 2017||$1.43B$1.36B|
|Deposits||Q4 2018vs Q4 2017||$1.44B$1.40B|
|Equity Capital||Q4 2018vs Q4 2017||$215.2MM$203.9MM|
|Loan Loss Allowance||Q4 2018vs Q4 2017||$18.5MM$18.8MM|
|Unbacked Noncurrent Loans||Q4 2018vs Q4 2017||$22.2MM$17.5MM|
|Real Estate Owned||Q4 2018vs Q4 2017||$1.3MM$1.5MM|
Rates for Merchants Bank (MN) are currently being reviewed.