The Merchants National Bank

Headquartered in Hillsboro, OH. Part of Merchants Bancorp, Inc. FDIC certificate #6605 · Federal Reserve RSSD 701222.

Total assets

$1.3B

Deposits

$1.2B

Q1 2026

Active branches

Closings since Jan 2020

0 openings since Jan 2020

All locations →Quarterly financials →

Financial snapshot — Q1 2026

All quarters →

Net income (quarter)

$4M

Return on assets

1.07%

Return on equity

11.70%

Noncurrent loan rate

0.56%

Deposits by year (Summary of Deposits)

2019

2020

2021

2022

2023

2024

2025

Values in $ billions, June 30 of each year.

Closings by year

2020

Branches by state

Ohio 17

Recent closings

The Merchants National Bank — Higginsport, OHbank exits cityno other active branch recorded in city
314 WASHINGTON STREET · closed September 30, 2020

All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.merchantsnat.com.