What is Merchants Bank, National Association's financial health grade?

Merchants Bank, National Association has a TFS Financial Health Grade of C (score: 75.3/100). This grade is based on capital adequacy, asset quality, earnings, and consumer protection metrics.

How many branches does Merchants Bank, National Association have?

Merchants Bank, National Association has 22 branch locations across the United States.

Is Merchants Bank, National Association FDIC insured?

Yes, Merchants Bank, National Association is FDIC insured (Certificate #8866).

What are the total assets of Merchants Bank, National Association?

Merchants Bank, National Association has total assets of $2.9B as reported in its most recent FDIC filing.

Merchants Bank, National Association

BankWinona, Minnesota

www.merchantsbank.com

Total Assets

$2.9B

Total Deposits

$2.5B

Branches

Established

1875

TFS Health Grade

75.3 / 100

Average financial health

How we grade

Merchants Bank, National Association is a bank headquartered in Winona, Minnesota, established in 1875. With $2.9B in total assets and 22 branch locations, it has a TFS Financial Health Grade of C (75.3/100).

Capital & Safety

Tier 1 Capital Ratio

11.28%(8%)

Total Capital Ratio

14.02%(10%)

Non-Performing Loan Ratio

0.83%

Profitability

Return on Assets (ROA)

1.23%(1%)

Return on Equity (ROE)

10.82%(10%)

Net Interest Margin

3.40%

Efficiency Ratio

64.78%(60%)

Lending & Liquidity

Total Loans

$2.1B

Loan-to-Deposit Ratio

80.27%

Net Charge-Off Ratio

Other banks in Minnesota

WNB FINANCIAL, N.A.

Bank

Winona, MN

$585.0M

Ameriprise Bank, FSB

Bank

Minneapolis, MN

$25.3B

C-

WINGS FINANCIAL

Apple Valley, MN

$9.3B

TRUSTONE FINANCIAL

Branch	Address	City	State	Type
Merchants Bank, National AssociationHQ	100 E 3rd St	Winona	MN	11
Merchants Bank, National Association	7300 147th St W	Apple Valley	MN	11
Merchants Bank, National Association	115 W Washington St	Caledonia	MN	11
Merchants Bank, National Association	300 Main St W	Cannon Falls	MN	11
Merchants Bank, National Association	7200 East Douglas Point Road South	Cottage Grove	MN	11
Merchants Bank, National Association	1525 Vermillion St	Hastings	MN	11
Merchants Bank, National Association	316 Main St	La Crescent	MN	11
Merchants Bank, National Association	18550 Joplin Ave	Lakeville	MN	11
Merchants Bank, National Association	118 Parkway Ave N	Lanesboro	MN	11
Merchants Bank, National Association	329 Division St S	Northfield	MN	11
Merchants Bank, National Association	1611 Honey Locust Dr	Northfield	MN	11
Merchants Bank, National Association	2835 S Service Dr	Red Wing	MN	11
Merchants Bank, National Association	3586 55th St Nw	Rochester	MN	11
Merchants Bank, National Association	1600 Greenview Dr Sw	Rochester	MN	11
Merchants Bank, National Association	15055 Chippendale Avenue South	Rosemount	MN	11
Merchants Bank, National Association	101 W Jessie St	Rushford	MN	11
Merchants Bank, National Association	126 W Main St	Spring Grove	MN	11
Merchants Bank, National Association	1130 Whitewater Ave	St. Charles	MN	11
Merchants Bank, National Association	627 Mankato Ave	Winona	MN	11
Merchants Bank, National Association	4124 Sixth Street-Goodview	Winona	MN	11
Merchants Bank, National Association	2728 Mall Dr	Eau Claire	WI	11
Merchants Bank, National Association	3140 Market Pl	Onalaska	WI	11

Data sourced from FDIC BankFind Suite. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.

Institution Details

Institution TypeBank

FDIC Certificate #8866

Primary RegulatorOCC

FDIC/NCUA InsuredYes

Data sourced from FDIC / NCUA. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.

TFS Financial Health Grades represent our editorial assessment based on publicly available data and our proprietary methodology. They do not represent financial advice or an official government rating. Data on this page is sourced from federal government databases and is believed to be accurate.