What is The Merchants National Bank's financial health grade?

The Merchants National Bank has a TFS Financial Health Grade of C- (score: 71.1/100). This grade is based on capital adequacy, asset quality, earnings, and consumer protection metrics.

How many branches does The Merchants National Bank have?

The Merchants National Bank has 17 branch locations across the United States.

Is The Merchants National Bank FDIC insured?

Yes, The Merchants National Bank is FDIC insured (Certificate #6605).

What are the total assets of The Merchants National Bank?

The Merchants National Bank has total assets of $1.3B as reported in its most recent FDIC filing.

The Merchants National Bank

BankHillsboro, Ohio

www.merchantsnat.com

Total Assets

$1.3B

Total Deposits

$1.1B

Branches

Established

1879

TFS Health Grade

C-

71.1 / 100

Average financial health

How we grade

The Merchants National Bank is a bank headquartered in Hillsboro, Ohio, established in 1879. With $1.3B in total assets and 17 branch locations, it has a TFS Financial Health Grade of C- (71.1/100).

Capital & Safety

Tier 1 Capital Ratio

8.43%(8%)

Total Capital Ratio

12.98%(10%)

Non-Performing Loan Ratio

0.48%

Profitability

Return on Assets (ROA)

1.08%(1%)

Return on Equity (ROE)

12.20%(10%)

Net Interest Margin

3.40%

Efficiency Ratio

62.74%(60%)

Lending & Liquidity

Total Loans

$972.7M

Loan-to-Deposit Ratio

84.98%

Net Charge-Off Ratio

-0.02%

Growth

Asset Growth (YoY)

+0.38%

Deposit Growth (YoY)

+3.30%

Net Income

$14.4M

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.

Branch	Address	City	State	Type
The Merchants National BankHQ	100 N High St	Hillsboro	OH	11
The Merchants National Bank	20 E Stimson Ave	Athens	OH	11
The Merchants National Bank	2033 Hospital Dr	Batavia	OH	11
The Merchants National Bank	102 W State St	Georgetown	OH	11
The Merchants National Bank	104 Jefferson St	Greenfield	OH	11
The Merchants National Bank	117 S Washington St	Greenfield	OH	11
The Merchants National Bank	1470 N High St	Hillsboro	OH	11
The Merchants National Bank	145 W Beech St	Hillsboro	OH	11
The Merchants National Bank	188 W Main St	Logan	OH	11
The Merchants National Bank	31348 Primmer Rd	Logan	OH	11
The Merchants National Bank	279 Lafayette St	London	OH	11
The Merchants National Bank	181 Colemans Xing	Marysville	OH	11
The Merchants National Bank	370 N High St	Mount Orab	OH	12
The Merchants National Bank	3473 E National Rd	Springfield	OH	11
The Merchants National Bank	128 S North St	Washington Court House	OH	11
The Merchants National Bank	1288 Wayne Rd	Wilmington	OH	11
The Merchants National Bank	2829 Rombach Ave.	Wilmington	OH	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.