The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 218,770 |
| Depreciation | 3,465 |
| Provision for credit losses | 117,754 |
| Deferred income tax, net | 7,778 |
| Gain on sale of loans | 85,362 |
| Proceeds from sales of loans held for sale | 45,074,426 |
| Loans and participations originated and purchased for sale | 45,314,197 |
| Proceeds from sale of low-income housing tax credits | 17,880 |
| Purchases of low-income housing tax credits for sale | 59,761 |
| Purchases of other tax credits | 142,754 |
| Change in servicing rights for paydowns and fair value adjustments | 10,775 |
| Mortgage loans in process of securitization | 191,888 |
| Other assets and receivables | 31,667 |
| Other liabilities | 3,007 |
| Other | -30,526 |
| Net cash used in operating activities | -341,248 |
| Net change in securities purchased under agreements to resell | 39 |
| Purchases of securities available for sale | 743,739 |
| Purchases of securities held to maturity | 259,580 |
| Purchases of servicing rights | 14,482 |
| Purchases of other equity securities | 1,198 |
| Proceeds from calls, maturities and paydowns of securities available for sale | 870,940 |
| Proceeds from calls, maturities and paydowns of securities held to maturity | 380,785 |
| Purchases of loans | 67,455 |
| Net change in loans receivable | 742,487 |
| Proceeds from loans held for sale previously classified as loans receivable | 431,520 |
| Purchase of fhlb stock | 8,587 |
| Purchases of premises and equipment | 20,941 |
| Purchase of limited partnership interests | 28,389 |
| Other investing activities | -7,903 |
| Net cash used in investing activities | -195,671 |
| Net change in deposits | 878,651 |
| Proceeds from borrowings | 323,574,587 |
| Repayment of borrowings | 324,033,758 |
| Repayment of credit-linked notes | 87,551 |
| Dividends | 59,418 |
| Net cash provided by financing activities | 272,511 |
| Net change in cash and cash equivalents | -264,408 |
| Cash and cash equivalents, beginning of period | 476,610 |
| Cash and cash equivalents, end of period | 212,202 |
Merchants Bancorp (MBINL)
Merchants Bancorp (MBINL)