Merchants Bank
Headquarters: Rugby, North Dakota
Overview
Merchants Bank is an FDIC-insured bank headquartered in Rugby, North Dakota. It reported $257.56M in assets and $226.75M in deposits for the period ending March 31, 2026. Bankular currently lists 6 branch locations.
What Bankular checked
These dates identify the official records and review steps supporting this profile.
Quarterly change
What changed since the previous report
December 31, 2025 to March 31, 2026
These comparisons use consecutive official regulatory reporting periods. A change is descriptive and is not a recommendation or safety rating.
Financial indicators
Capital, profitability and credit quality
These are the latest reported capital, profitability and credit-quality measures available for this institution. Read the figures together rather than as a single safety rating.
Branch footprint
Where Merchants Bank has branches
Explore the cities with the most currently listed locations. Branch hours can change, so confirm current lobby, drive-through and appointment hours with the institution before visiting.
Locations
Find a branch of Merchants Bank
Fairview Bank
216 S Ellery Ave, Fairview, Montana, 59221
Full-service branch · Opened December 6, 1941
Granville Branch
114 Main St S, Granville, North Dakota, 58741
Limited Service: Drive Thru/Detached Facility · Opened September 1, 1975
Address and directions →Main Office
210 S Main Ave, Rugby, North Dakota, 58368
Full-service branch · Opened August 4, 1897
Mapleton Branch
649 Knutson St, Mapleton, North Dakota, 58059
Full-service branch · Opened March 15, 2022
Towner Branch
202 Main St S, Towner, North Dakota, 58788
Full-service branch · Opened January 17, 1977
Upham Branch
# 3 C Avenue South, Upham, North Dakota, 58789
Limited Service: Drive Thru/Detached Facility · Opened February 3, 1965
Address and directions →Financial overview
Latest reported figures
Through March 31, 2026
Financial trends
How the balance sheet has changed
Compare recent quarters to see the direction of assets, deposits and loans.
| Quarter | Assets | Deposits | Net loans | ROA |
|---|---|---|---|---|
| March 31, 2026 | $257.56M | $226.75M | $176.27M | 1.36% |
| December 31, 2025 | $269.47M | $238.72M | $191.87M | 1.39% |
| September 30, 2025 | $248.79M | $212.53M | $195.19M | 1.50% |
| June 30, 2025 | $245.70M | $217.48M | $189.51M | 1.40% |
| March 31, 2025 | $254.57M | $227.03M | $170.71M | 1.06% |
| December 31, 2024 | $252.66M | $225.53M | $177.41M | 1.20% |
| September 30, 2024 | $247.39M | $211.93M | $179.38M | 1.18% |
| June 30, 2024 | $242.37M | $207.77M | $172.09M | 1.14% |
Size and reach
How this institution compares
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More on Merchants Bank
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Branch locations
6 listed locations.
Explore →Compare this institution
Compare size, financial metrics, rates and access.
Explore →State banking market
Explore institutions and deposit-market context in North Dakota.
Explore →Rugby banking market
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Explore →Rankings and research
Place this institution in national and market context.
Explore →Sources and methodology
Review the official sources and reporting periods.
Explore →Frequently asked questions
Is Merchants Bank federally insured?
Yes. Bankular identifies this institution in FDIC records under certificate 8943.
Where is Merchants Bank headquartered?
Merchants Bank is headquartered in Rugby, North Dakota, at 210 S Main Ave, Rugby, North Dakota, 58368.
How large is Merchants Bank?
It reported $257.56M in assets and $226.75M in deposits for the period ending March 31, 2026.
How many locations does Merchants Bank have?
Bankular currently lists 6 branch locations for this institution.
Data sources and methodology
Bankular combines official regulatory records with institution-published product information. The detailed sources are available below for readers who want to verify a figure.