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 Merchants Bank
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Merchants Bank
| RSSD ID 700458 | CERTIFICATE 8943 | ABA NUMBER 91300641 |
| 210 S Main Ave |
Quarter Ended : |
2026-03-31 |
| Rugby, North Dakota, 58368 |
Updated : |
2026-04-22 |
| 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 : |
30 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 257,560 |
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Total Interest Income | 3,373 |
| Total Liabilities | 231,706 |
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Total NonInterest Income | 73 |
| Total Bank Equity Capital | 25,854 |
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Total Interest Expense | 877 |
| Total Deposits | 226,749 |
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Total NonInterest Expense | 1,412 |
| Net Loans & Leases | 176,267 |
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Net Income | 897 |
| Loan Loss Allowance | 2,236 |
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Net Charge Offs | 0 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 28,512 |
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Total loans | 184,882 |
| Total assets for the leverage ratio | 258,693 |
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Loans secured by real estate: | 76,996 |
| Tier 1 Leverage Ratio | 10.17 |
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Commercial and industrial loans | 14,818 |
| Tier 1 Capital Ratio | 14.91 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 16.16 |
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Loans to individuals - Other | 3,200 |
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:· Merchants Bank
