Merchants Bank of Indiana ( a wholly owned subsidiary of Merchants Bancorp )
Merchants Bancorp (NASDAQ:MBIN) is a diversified bank holding company headquartered in Carmel, Indiana operating multiple lines of business including Federal Housing Administration (“FHA”) multi-family housing and healthcare facility financing and servicing, mortgage warehouse financing, retail and correspondent residential mortgage banking, agricultural lending, and traditional community banking. Merchants Bancorp, with $9.4 billion in assets and $7.2 billion in deposits as of December 31, 2020, conducts its business through its direct and indirect subsidiaries, Merchants Bank of Indiana, Merchants Capital Corp., Farmers-Merchants Bank of Illinois, Merchants Capital Servicing, LLC, and Merchants Mortgage, a division of Merchants Bank of Indiana.
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