Company: MBINL
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001558370-25-001941
Chunk: 18

Company: Merchants Bancorp
Filing Date: 2025-02-28
Form: 10-K
Item: Item 6
Chunk 18
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Item 6. Selected Financial Data. 

​​​​​​​​​​​​​​​​​​​At or for the Year Ended December 31,  ​    2024    2023    2022    2021    2020    ​​(Dollars in thousands, except per share data)​Balance Sheet Data: ​​​​​​​​​​​​​​​​Total Assets​$ 18,805,732​$ 16,952,516​$ 12,615,227​$ 11,278,638​$ 9,645,375​Loans held for investment​  10,438,388​  10,199,553​  7,470,872​  5,782,663​  5,535,426​Allowance for credit losses (1) ​  (84,386)​  (71,752)​  (44,014)​  (31,344)​  (27,500)​Loans held for sale​  3,771,510​  3,144,756​  2,910,576​  3,303,199​  3,070,154​Deposits​  11,919,976​  14,061,460​  10,071,345​  8,982,613​  7,408,066​Total liabilities​  16,562,422​  15,251,432​  11,155,488​  10,123,229​  8,834,754​Total shareholders' equity​  2,243,310​  1,701,084​  1,459,739​  1,155,409​  810,621​Tangible common shareholders' equity (non-GAAP)​  1,563,102​  1,184,889​  943,100​  775,708​  579,847​Statement of Income Data:​   ​   ​   ​   ​   ​Interest Income​$ 1,302,720​$ 1,077,798​$ 480,833​$ 311,886​$ 282,790​Interest Expense​  780,100​  629,727​  162