Hillsboro, OH · Cert 6605 · Merchants Bcorp Inc.
National charter · OCC · 17 branches
Q2 2026
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
Banks $1B-$10B in assets (n=322 to 328). Each measure ranks only the institutions that reported it, so n varies by measure.
Peer groups below the disclosure floor are suppressed.
Capital
34
Asset Quality
68
Profitability
54
Liquidity
92
Efficiency
40
Growth
No peer data yet
Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.
Hillsboro, OH · Cert 6605 · Merchants Bcorp Inc.
National charter · OCC · 17 branches
Q2 2026
Market Position · Columbus, OH · 2026 SOD (annual) · 0.2% share · #24 of 53 inst. · $0.3B of $124.6B
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.74% | 0.80% | 0.91% | 1.05% | 1.08% | 1.08% | 1.07% | 1.17% | +12 bps | |
| Return on Equity | 9.16% | 9.78% | 10.81% | 12.20% | 12.34% | 12.20% | 11.70% | 12.64% | +44 bps | |
| Net Interest Margin | 2.61% | 2.74% | 2.89% | 3.09% | 3.11% | 3.23% | 3.27% | 3.52% | +43 bps | |
| Efficiency Ratio | 68.76% | 67.82% | 64.49% | 62.01% | 61.62% | 62.74% | 63.75% | 61.93% | -8 bps | |
| Non-Interest Burden | 1.66% | 1.71% | 1.72% | 1.75% | 1.75% | 1.85% | 1.91% | 1.99% | +24 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 1.55% | -1.55% | 3.16% | 0.87% | -1.01% | 0.38% | -3.18% | -4.88% | -574 bps | |
| Loan Growth (YoY) | -0.29% | -0.28% | 0.22% | -0.77% | -2.28% | -3.67% | -4.67% | -3.22% | -245 bps | |
| Deposit Growth (YoY) | 0.38% | 0.45% | 6.44% | 3.88% | 3.35% | 3.30% | -1.63% | -2.90% | -678 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.38% | 0.37% | 0.49% | 0.48% | 0.50% | 0.48% | 0.56% | 0.53% | +5 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.00% | -0.02% | -0.02% | -0.02% | 0.00% | 0.00% | +2 bps | |
| Allowance / Loans | 1.11% | 1.10% | 1.12% | 1.14% | 1.15% | 1.16% | 1.19% | 1.19% | +5 bps | |
| Allowance Coverage of NPLs | 2.9x | 2.9x | 2.3x | 2.4x | 2.3x | 2.4x | 2.1x | 2.3x | -0.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.06% | 8.15% | 8.28% | 8.37% | 8.54% | 8.43% | 8.68% | 8.91% | +54 bps | |
| Total Risk-Based Capital | 12.21% | 12.20% | 12.76% | 12.83% | 13.30% | 12.98% | 13.42% | 13.20% | +37 bps | |
| Equity / Assets | 8.40% | 8.51% | 8.40% | 8.88% | 9.19% | 9.10% | 9.19% | 9.57% | +70 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 90.44% | 92.20% | 83.52% | 86.26% | 85.51% | 85.98% | 80.93% | 85.97% | -29 bps | |
| Liquid Assets / Assets | 8.99% | 6.88% | 12.14% | 11.03% | 11.85% | 11.29% | 14.24% | 9.75% | -129 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 263% | 268% | 261% | n/a | n/a | |
Hillsboro, OH · Cert 6605 · Peer group: banks $1B-$10B in assets (n=322-328) · Merchants Bcorp Inc.
National charter · OCC · 17 branches
Q2 2026
Return on Assets
1.21%
Rank 167 of 328
Net Interest Margin
3.52%
Rank 150 of 328
Efficiency Ratio
62.57%
Rank 199 of 328
Equity / Assets
9.57%
Rank 211 of 328
| Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | 1.21% | 0.91% | 1.22% | 1.52% | Beats 49% | 167 / 328 | ||
| Return on Equity | 12.66% | 8.43% | 11.45% | 14.43% | Beats 59% | 135 / 328 | ||
| Net Interest Margin | 3.52% | 3.03% | 3.45% | 3.83% | Beats 54% | 150 / 328 | ||
| Efficiency Ratio | 62.57% | 51.61% | 59.56% | 67.53% | Beats 40% | 199 / 328 | ||
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 0.53% | 0.24% | 0.51% | 1.03% | Beats 49% | 165 / 322 | ||
| Net Charge-Offs / Loans | 0.00% | 0.01% | 0.03% | 0.10% | Beats 87% | 46 / 322 | ||
| Capital | ||||||||
| Tier 1 Capital Ratio | 12.00% | 11.75% | 13.15% | 15.47% | Beats 30% | 230 / 328 | ||
| Total Risk-Based Capital Ratio | 13.20% | 12.63% | 14.15% | 16.46% | Beats 35% | 214 / 328 | ||
| Equity / Assets | 9.57% | 9.15% | 10.33% | 12.01% | Beats 36% | 211 / 328 | ||
| Liquidity & Funding | ||||||||
| Loans / Deposits | 85.97% | 76.63% | 87.92% | 95.36% | 46th pctl | 175 / 323 | ||
| Loans / Assets | 75.15% | 65.18% | 74.15% | 79.98% | 55th pctl | 147 / 328 | ||
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||