Call reports 2026
MERCHANTS BANK — 2026
What MERCHANTS BANK reported to the FFIEC in 2026, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2026Q1 | 2026Q2 |
|---|---|---|
| Total assets | 257,560,000 | 254,278,000 |
| Total loans | 178,503,000 | 190,602,000 |
| Allowance for loan losses | 2,236,000 | 2,257,000 |
| Securities available for sale | 39,223,000 | 46,018,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 226,749,000 | 223,367,000 |
| Interest-bearing deposits | 177,236,000 | 172,828,000 |
| Noninterest-bearing deposits | 49,513,000 | 50,539,000 |
| Equity capital | 25,854,000 | 26,526,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2026Q1 | 2026Q2 |
|---|---|---|
| Interest income | 3,373,000 | 6,889,000 |
| Interest expense | 877,000 | 1,708,000 |
| Net interest income | 2,496,000 | 5,181,000 |
| Noninterest income | 73,000 | 152,000 |
| Noninterest expense | 1,412,000 | 2,631,000 |
| Provision for loan losses | 0 | 100,000 |
| Pretax income | 1,156,000 | 2,603,000 |
| Income tax | 259,000 | 653,000 |
| Net income | 897,000 | 1,950,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2026Q1 | 2026Q2 |
|---|---|---|
| Tier 1 capital | 26,307,000 | 27,019,000 |
| Total capital | 28,512,000 | 29,276,000 |
| Risk-weighted assets | 176,381,000 | 194,764,000 |