The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 67,732 | 67,849 | 54,701 | 96,220 |
| Depreciation | 1,370 | 1,160 | 765 | 1,540 |
| Provision for credit losses | 15,299 | 27,761 | 29,239 | 60,754 |
| Deferred income tax, net | - | 7,778 | - | - |
| Gain on sale of loans | 13,506 | 25,730 | 24,671 | 34,961 |
| Proceeds from sales of loans held for sale | - | 14,761,157 | 12,162,638 | 18,150,631 |
| Proceeds from sold loans and principal collected | 12,525,217 | - | - | - |
| Loans and participations originated and purchased for sale | 13,353,384 | 14,895,807 | 12,163,493 | 18,254,897 |
| Proceeds from sale of low-income housing tax credits | 1 | 14,774 | -6,671 | 9,777 |
| Purchases of low-income housing tax credits for sale | 6,803 | 17,025 | 19,749 | 22,987 |
| Purchases of other tax credits | 18,168 | 142,754 | - | - |
| Change in servicing rights for paydowns and fair value adjustments | -6,406 | 4,898 | 327 | 5,550 |
| Mortgage loans in process of securitization | -183,093 | 205,308 | 12,359 | -25,779 |
| Other assets and receivables | -22,261 | 876 | 16,572 | 14,219 |
| Other liabilities | -15,051 | -17,593 | 22,465 | -1,865 |
| Other | -1,021 | -21,817 | -3,145 | -5,564 |
| Proceeds from the sale of securities available for sale | - | - | - | 0 |
| Net cash (used in) provided by operating activities | -597,324 | -397,899 | 29,765 | 26,886 |
| Purchase of fhlb stock | - | 8,541 | 0 | 46 |
| Net change in securities purchased under agreements to resell | 9 | 9 | 10 | 20 |
| Purchases of securities available for sale | 204,335 | 199,457 | 199,779 | 344,503 |
| Purchases of securities held to maturity | - | 0 | 259,580 | - |
| Purchases of mortgage servicing rights | 125 | 1,554 | 12,858 | 70 |
| Purchases of other equity securities | - | 1,198 | - | - |
| Proceeds from calls, maturities and paydowns of securities available for sale | 216,893 | 220,992 | 258,158 | 391,790 |
| Proceeds from calls, maturities and paydowns of securities held to maturity | 117,721 | 126,933 | 137,279 | 116,573 |
| Purchases of loans | 27,330 | 17,384 | 19,663 | 30,408 |
| Net change in loans receivable | 492,763 | 143,335 | 95,794 | 503,358 |
| Proceeds from loans held for sale previously classified as loans receivable | 55,570 | 44,916 | 0 | 386,604 |
| Purchases of premises and equipment | 1,146 | 3,802 | 5,781 | 11,358 |
| Purchase of limited partnership interests | 974 | 8,785 | -15,606 | 35,210 |
| Other investing activities | -1,223 | -3,891 | -1,275 | -2,737 |
| Net cash used in investing activities | -335,257 | 12,685 | -181,127 | -27,229 |
| Net change in deposits | -108,984 | -923,831 | 1,224,830 | 577,652 |
| Proceeds from borrowings | 69,470,000 | 107,127,000 | 74,617,000 | 141,830,587 |
| Repayment of borrowings | 68,539,101 | 106,111,987 | 75,724,743 | 142,197,028 |
| Repayment of credit-linked notes | - | 76,946 | 0 | 10,605 |
| Repurchase of common stock | 3,002 | - | - | - |
| Dividends | 15,319 | 14,856 | 14,854 | 29,708 |
| Net cash provided by (used in) financing activities | 803,594 | -620 | 102,233 | 170,898 |
| Net change in cash and cash equivalents | -128,987 | -385,834 | -49,129 | 170,555 |
| Cash and cash equivalents, beginning of period | 212,202 | 598,036 | 476,610 | - |
| Cash and cash equivalents, end of period | 83,215 | 212,202 | 598,036 | - |
Merchants Bancorp (MBINL)
Merchants Bancorp (MBINL)