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BankHealth

MERCHANTS BANK

RUGBY, NORTH DAKOTA · FDIC Cert #8943

B
Health Score
71/100
$242M
Total Assets
$208M
Total Deposits
10.89%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, MERCHANTS BANK holds a Tier 1 capital ratio of 10.89%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning MERCHANTS BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

2.05%
Nonperforming Loans
Moderate — some loan stress
26.35%
Liquidity Ratio
Strong — can meet withdrawal demands
1.51%
Return on Assets
Profitable — earning well on assets
$208M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

MERCHANTS BANK shows strong financial health indicators. With $242M in assets and a Health Score of 71/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.

Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.

Frequently Asked Questions

MERCHANTS BANK has a Bank Health Score of B (71/100). It holds a Tier 1 capital ratio of 10.89%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

MERCHANTS BANK holds $242M in total assets and $208M in total deposits. It is located in RUGBY, NORTH DAKOTA (FDIC Certificate #8943).

MERCHANTS BANK has a Tier 1 capital ratio of 10.89%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 2.05%, and the return on assets is 1.51%.

Yes. MERCHANTS BANK is FDIC-insured (Certificate #8943). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.

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