| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 150,921 | 96,220 |
| Depreciation | 2,305 | 1,540 |
| Provision for credit losses | 89,993 | 60,754 |
| Gain on sale of loans | 59,632 | 34,961 |
| Proceeds from sales of loans | 30,313,269 | 18,150,631 |
| Loans and participations originated and purchased for sale | 30,418,390 | 18,254,897 |
| Proceeds from sale of low-income housing tax credits | 3,106 | 9,777 |
| Purchases of low-income housing tax credits for sale | 42,736 | 22,987 |
| Change in servicing rights for paydowns and fair value adjustments | 5,877 | 5,550 |
| Mortgage loans in process of securitization | -13,420 | -25,779 |
| Other assets and receivables | 30,791 | 14,219 |
| Other liabilities | 20,600 | -1,865 |
| Other | -8,709 | -5,564 |
| Proceeds from the sale of securities available for sale | - | 0 |
| Net cash provided by (used in) operating activities | 56,651 | 26,886 |
| Net change in securities purchased under agreements to resell | 30 | 20 |
| Purchases of securities available for sale | 544,282 | 344,503 |
| Purchases of securities held to maturity | 259,580 | - |
| Purchases of mortgage servicing rights | 12,928 | 70 |
| Proceeds from calls, maturities and paydowns of securities available for sale | 649,948 | 391,790 |
| Proceeds from calls, maturities and paydowns of securities held to maturity | 253,852 | 116,573 |
| Purchases of loans | 50,071 | 30,408 |
| Net change in loans receivable | 599,152 | 503,358 |
| Proceeds from loans held for sale previously classified as loans receivable | 386,604 | 386,604 |
| Purchase of fhlb stock | 46 | 46 |
| Purchases of premises and equipment | 17,139 | 11,358 |
| Purchase of limited partnership interests | 19,604 | 35,210 |
| Other investing activities | -4,012 | -2,737 |
| Net cash used in investing activities | -208,356 | -27,229 |
| Net change in deposits | 1,802,482 | 577,652 |
| Proceeds from borrowings | 216,447,587 | 141,830,587 |
| Repayment of borrowings | 217,921,771 | 142,197,028 |
| Payment of credit linked notes | 10,605 | 10,605 |
| Dividends | 44,562 | 29,708 |
| Net cash provided by financing activities | 273,131 | 170,898 |
| Net change in cash and cash equivalents | 121,426 | 170,555 |
| Cash and cash equivalents at beginning of period | 476,610 | - |
| Cash and cash equivalents at end of period | 598,036 | - |
Merchants Bancorp (MBINN)
Merchants Bancorp (MBINN)