Merchants Bank

BankRugby, North Dakota
www.merchantsbankrugby.com

Total Assets

$269.5M

Total Deposits

$238.7M

Branches

6

Established

1897

TFS Health Grade

$
C

76.4 / 100

Average financial health

How we grade

Merchants Bank is a bank headquartered in Rugby, North Dakota, established in 1897. With $269.5M in total assets and 6 branch locations, it has a TFS Financial Health Grade of C (76.4/100).

Capital & Safety

Tier 1 Capital Ratio
10.05%(8%)
Total Capital Ratio
14.01%(10%)
Non-Performing Loan Ratio
1.12%

Profitability

Return on Assets (ROA)
1.39%(1%)
Return on Equity (ROE)
14.82%(10%)
Net Interest Margin
4.21%
Efficiency Ratio
52.67%(60%)

Lending & Liquidity

Total Loans
$194.1M
Loan-to-Deposit Ratio
80.37%
Net Charge-Off Ratio
0.05%

Growth

Asset Growth (YoY)
+6.65%
Deposit Growth (YoY)
+5.85%
Net Income
$3.5M

Data sourced from FDIC BankFind Suite / NCUA Call Reports as of 2025-Q4. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.

Other banks in North Dakota