Merchants Bancorp

Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana, that operates across mortgage banking, mortgage warehousing, and traditional banking segments. The company originates and services government-sponsored mortgages for multi-family housing, including bridge financing and construction lending for rental properties and healthcare facilities. It also provides specialized financing products for skilled nursing facilities, independent living communities, and assisted living facilities, as well as tax credit equity syndication services.

The Mortgage Warehousing segment funds agency-eligible residential loans and commercial loans to non-depository financial institutions, diversifying the company's revenue streams beyond traditional origination. The Banking segment offers conventional retail and commercial banking services, including agricultural lending, small business administration lending, and correspondent residential mortgage banking to consumers and businesses across its footprint.

Founded in 1990, Merchants Bancorp maintains operations through its three-segment structure, generating revenue from origination and servicing fees in mortgage banking, interest income from warehousing facilities, and traditional net interest margins and fee income in its banking operations. The company operates regionally with headquarters in Indiana, serving customers through its mortgage banking platforms and banking subsidiary network.