Regulatory Matters (Tables)

3 Months Ended

Mar. 31, 2023

Regulatory Matters

Summary of bank's actual capital amounts and ratios

					Minimum				Minimum
					Amount Required				Amount To Be
					for Adequately				Well
	Actual				Capitalized(1)				Capitalized(1)
	Amount		Ratio		Amount		Ratio		Amount		Ratio
	(Dollars in thousands)
March 31, 2023
Total capital(1) (to risk-weighted assets)
Company	$	1,558,187	12.4	%	$	1,006,425	8.0	%	$	—	N/A	%
Merchants Bank		1,488,469	12.1	%		986,980	8.0	%		1,233,725	10.0
FMBI		36,044	11.4	%		25,309	8.0	%		31,636	10.0	%
Tier I capital(1) (to risk-weighted assets)
Company		1,495,800	11.9	%		754,818	6.0	%		—	N/A	%
Merchants Bank		1,426,815	11.6	%		740,235	6.0	%		986,980	8.0
FMBI		35,311	11.2	%		18,981	6.0	%		25,309	8.0	%
Common Equity Tier I capital(1) (to risk-weighted assets)
Company		996,192	7.9	%		566,114	4.5	%		—	N/A	%
Merchants Bank		1,426,815	11.6	%		555,176	4.5	%		801,921	6.5
FMBI		35,311	11.2	%		14,236	4.5	%		20,563	6.5	%
Tier I capital(1) (to average assets)
Company		1,495,800	11.6	%		514,725	4.0	%		—	N/A	%
Merchants Bank		1,426,815	11.3	%		503,987	4.0	%		629,983	5.0
FMBI		35,311	10.6	%		13,347	4.0	%		16,684	5.0	%

(1) As defined by regulatory agencies.

					Minimum				Minimum
					Amount Required				Amount To Be
					for Adequately				Well
	Actual				Capitalized(1)				Capitalized(1)
	Amount		Ratio		Amount		Ratio		Amount		Ratio
	(Dollars in thousands)
December 31, 2022
Total capital(1) (to risk-weighted assets)
Company	$	1,507,968	12.2	%	$	992,883	8.0	%	$	—	N/A	%
Merchants Bank		1,427,738	11.7	%		975,853	8.0	%		1,219,817	10.0	%
FMBI		34,769	11.3	%		24,703	8.0	%		30,878	10.0	%
Tier I capital(1) (to risk-weighted assets)
Company		1,452,456	11.7	%		744,662	6.0	%		—	N/A	%
Merchants Bank		1,372,941	11.3	%		731,890	6.0	%		975,853	8.0	%
FMBI		34,054	11.0	%		18,527	6.0	%		24,703	8.0	%
Common Equity Tier I capital(1) (to risk-weighted assets)
Company		952,848	7.7	%		558,497	4.5	%		—	N/A	%
Merchants Bank		1,372,941	11.3	%		548,917	4.5	%		792,881	6.5	%
FMBI		34,054	11.0	%		13,895	4.5	%		20,071	6.5	%
Tier I capital(1) (to average assets)
Company		1,452,456	11.7	%		497,604	4.0	%		—	N/A	%
Merchants Bank		1,372,941	11.3	%		487,511	4.0	%		609,389	5.0	%
FMBI		34,054	10.7	%		12,702	4.0	%		15,878	5.0	%

(1) As defined by regulatory agencies.