Total Assets
$1.3B
Total Deposits
$1.1B
Branches
17
Established
1879
The Merchants National Bank is a bank headquartered in Hillsboro, Ohio, established in 1879. It holds $1.3B in total assets across 17 branch locations. In our editorial opinion, based on public FDIC/NCUA data, The Merchants National Bank earns a TFS Financial Health Grade of B- (73.9/100) — our editorial assessment, not an official rating or financial advice.
TFS Health Grade
73.9 / 100
Good financial health
How we gradeTFS Health Grades are our editorial opinion based on public FDIC/NCUA data — not an official rating, not financial advice.
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Financial data through June 30, 2026. Updated by TFS August 28, 2026. Data sourced from FDIC BankFind Suite as of 2026-Q2. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.
Data sourced from CFPB Consumer Complaint Database. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.
| Branch | Address | City | State | Type |
|---|---|---|---|---|
| The Merchants National BankHQ | 100 N High St | Hillsboro | OH | 11 |
| The Merchants National Bank | 20 E Stimson Ave | Athens | OH | 11 |
| The Merchants National Bank | 2033 Hospital Dr | Batavia | OH | 11 |
| The Merchants National Bank | 102 W State St | Georgetown | OH | 11 |
| The Merchants National Bank | 104 Jefferson St | Greenfield | OH | 11 |
| The Merchants National Bank | 117 S Washington St | Greenfield | OH | 11 |
| The Merchants National Bank | 1470 N High St | Hillsboro | OH | 11 |
| The Merchants National Bank | 145 W Beech St | Hillsboro | OH | 11 |
| The Merchants National Bank | 188 W Main St | Logan | OH | 11 |
| The Merchants National Bank | 31348 Primmer Rd | Logan | OH | 11 |
| The Merchants National Bank | 279 Lafayette St | London | OH | 11 |
| The Merchants National Bank | 181 Colemans Xing | Marysville | OH | 11 |
| The Merchants National Bank | 370 N High St | Mount Orab | OH | 12 |
| The Merchants National Bank | 3473 E National Rd | Springfield | OH | 11 |
| The Merchants National Bank | 128 S North St | Washington Court House | OH | 11 |
| The Merchants National Bank | 1288 Wayne Rd | Wilmington | OH | 11 |
| The Merchants National Bank | 2829 Rombach Ave. | Wilmington | OH | 11 |
Data sourced from FDIC BankFind Suite. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.
Data sourced from FDIC Enforcement Decisions and Orders / NCUA. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.
TFS Financial Health Grades represent our editorial assessment based on publicly available data and our proprietary methodology. They do not represent financial advice or an official government rating. Data on this page is sourced from federal government databases and is believed to be accurate.
Benchmarked against 60 active, federally insured banks reporting in the same quarter and holding roughly 0.5×–2× its assets. Same-state and overlapping-market peers are prioritized.
TFS health score
73.9
Tier 1 capital ratio
8.91%
Return on assets
1.17%
Non-performing loans
0.53%
Efficiency ratio
61.93%
Asset growth (YoY)
-4.88%
Suggested direct comparisons
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Millersburg, OH
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Complaint percentiles are intentionally withheld while TFS audits CFPB company matching and import coverage. Peer conclusions use complete same-quarter regulatory metrics only.