Merchants Bank
Headquartered in Rugby, ND. Part of Merchants Holding Company. FDIC certificate #8943 · Federal Reserve RSSD 700458.
Total assets
$258M
Deposits
$227M
Q1 2026
Active branches
6
Closings since Jan 2020
0
1 openings since Jan 2020
Financial snapshot — Q1 2026
All quarters →Net income (quarter)
$897K
Return on assets
1.36%
Return on equity
13.98%
Noncurrent loan rate
1.21%
Deposits by year (Summary of Deposits)
02019
02020
02021
02022
02023
02024
02025
Values in $ billions, June 30 of each year.
Openings by year
12022
Branches by state
All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.merchantsbankrugby.com.