The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 54,701 | 96,220 |
| Depreciation | 765 | 1,540 |
| Provision for credit losses | 29,239 | 60,754 |
| Gain on sale of loans | 24,671 | 34,961 |
| Proceeds from sales of loans | 12,162,638 | 18,150,631 |
| Loans and participations originated and purchased for sale | 12,163,493 | 18,254,897 |
| Proceeds from sale of low-income housing tax credits | -6,671 | 9,777 |
| Purchases of low-income housing tax credits for sale | 19,749 | 22,987 |
| Change in servicing rights for paydowns and fair value adjustments | 327 | 5,550 |
| Mortgage loans in process of securitization | 12,359 | -25,779 |
| Other assets and receivables | 16,572 | 14,219 |
| Other liabilities | 22,465 | -1,865 |
| Other | -3,145 | -5,564 |
| Proceeds from the sale of securities available for sale | - | 0 |
| Net cash provided by (used in) operating activities | 29,765 | 26,886 |
| Net change in securities purchased under agreements to resell | 10 | 20 |
| Purchases of securities available for sale | 199,779 | 344,503 |
| Purchases of securities held to maturity | 259,580 | - |
| Purchases of mortgage servicing rights | 12,858 | 70 |
| Proceeds from calls, maturities and paydowns of securities available for sale | 258,158 | 391,790 |
| Proceeds from calls, maturities and paydowns of securities held to maturity | 137,279 | 116,573 |
| Purchases of loans | 19,663 | 30,408 |
| Net change in loans receivable | 95,794 | 503,358 |
| Proceeds from loans held for sale previously classified as loans receivable | 0 | 386,604 |
| Purchase of fhlb stock | 0 | 46 |
| Purchases of premises and equipment | 5,781 | 11,358 |
| Purchase of limited partnership interests | -15,606 | 35,210 |
| Other investing activities | -1,275 | -2,737 |
| Net cash used in investing activities | -181,127 | -27,229 |
| Net change in deposits | 1,224,830 | 577,652 |
| Proceeds from borrowings | 74,617,000 | 141,830,587 |
| Repayment of borrowings | 75,724,743 | 142,197,028 |
| Payment of credit linked notes | 0 | 10,605 |
| Dividends | 14,854 | 29,708 |
| Net cash provided by financing activities | 102,233 | 170,898 |
| Net change in cash and cash equivalents | -49,129 | 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)