Regulatory Matters (Tables)

6 Months Ended

Jun. 30, 2022

Regulatory Matters

Summary of bank's actual capital amounts and ratios

The Company’s, Merchants Bank’s, and FMBI’s actual capital amounts and ratios are presented in the following tables.

					Minimum Amount
					To Be Well
	Actual				Capitalized(1)
	Amount		Ratio		Amount		Ratio
	(Dollars in thousands)
June 30, 2022
CBLR (Tier 1) capital(1) (to average assets)
(i.e., CBLR - leverage ratio)
Company	$	1,217,718	12.4	%	$	882,179	> 9	%
Merchants Bank		1,171,291	12.3	%		857,175	> 9	%
FMBI		31,104	10.3	%		27,088	> 9	%

(1) As defined by regulatory agencies.

					Minimum Amount
					To Be Well
	Actual				Capitalized(1)
	Amount		Ratio		Amount		Ratio
	(Dollars in thousands)
December 31, 2021
CBLR (Tier 1) capital(1) (to average assets)
(i.e., CBLR - leverage ratio)
Company	$	1,138,090	10.4	%	$	928,731	> 8.5	%
Merchants Bank		1,088,621	10.3	%		901,188	> 8.5	%
FMBI		28,958	9.7	%		25,499	> 8.5	%

(1) As defined by regulatory agencies.