Merchants National Bank
Hillsboro, OH · Cert 6605 · Peer group: banks $1B-$10B in assets (n=322-328) · Merchants Bcorp Inc.
National charter · OCC · 17 branches
Q2 2026
$1.3BAssets
$952.1MLoans
$1.1BDeposits
$121.3MEquity
Executive Summary
- Strongest standing: net charge-offs / loans outperforms 87% of banks $1B-$10B in assets (rank 46 of 322).
- Widest gap: tier 1 capital ratio trails 70% of banks $1B-$10B in assets (rank 230 of 328).
- Overall: at or above the peer median on 3 of 9 directional measures.
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
Non-interest income vs. expense
Unfavorable gap of $25.5M · efficiency ratio beats 40% of banks $1B-$10B in assets | Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 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 |