Company: MBINL
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001558370-25-001941
Chunk: 22

Company: Merchants Bancorp
Filing Date: 2025-02-28
Form: 10-K
Item: Item 6
Chunk 22
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12.3%    10.9%    11.3%   n/a%   n/a%  Total capital to risk-weighted assets​  12.9%    11.5%    11.7%   n/a%   n/a%  

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(1)The Company adopted FASB ASU 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (“CECL”) on January 1, 2022. ASU 2016-13 replaces the allowance for loan losses that used incurred loss impairment methodology in 2021-2020 with an allowance based on expected losses. 

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