Company: MBINL
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001558370-25-001941
Chunk: 21

Company: Merchants Bancorp
Filing Date: 2025-02-28
Form: 10-K
Item: Item 6
Chunk 21
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 Return on average tangible common equity (non-GAAP)​  20.16%    22.92%    22.50%    30.10%    34.02%  Net interest margin​  3.03%    3.06%    2.97%    2.79%    2.69%  Efficiency ratio (non-GAAP)​  33.37%    31.03%    30.61%    28.80%    27.42%  Loans and loans held for sale to deposits​  119.21%    94.90%    103.08%    101.15%    116.17%  Capital Ratios—Merchants Bancorp:​   ​   ​   ​   ​   ​Tangible common equity to tangible assets (non-GAAP)​  8.3%    7.0%    7.5%    6.9%    6.0%  Tier 1 common equity to risk-weighted assets​  9.3%    7.8%    7.7%   n/a%   n/a%  Tier 1 leverage ratio/CBLR​  12.1%    10.1%    11.7%    10.4%    8.6%  Tier 1 capital to risk-weighted assets​  13.3%    11.1%    11.7%   n/a%   n/a%  Total capital to risk-weighted assets​  13.9%    11.6%    12.2%   n/a%   n/a%  Capital Ratios—Merchants Bank Only:​   ​   ​   ​   ​   ​Tier 1 common equity to risk-weighted assets​  12.3%    10.9%    11.3%   n/a%   n/a%  Tier 1 capital to average assets​  11.2%    10.1%    11.3%    10.3%    8.7%  Tier 1 capital to risk-weighted assets​