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Merchants Bank, Changes in Bank Equity Capital
| 1997-12-31 | Rank | |
| Amended balance at previous year-end | $16,236,000 | 2,445 |
| Restatements from amended reports of income, net | $0 | 377 |
| Net income | $3,014,000 | 1,765 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net treasury stock transactions | NA | NA |
| Changes incidental to business combinations, net | $0 | 439 |
| Cash dividends declared on preferred stock | $0 | 167 |
| Cash dividends declared on common stock | $1,974,000 | 1,327 |
| Other comprehensive income | $40,000 | 4,235 |
| Other transactions with parent holding company | $0 | 654 |
| Bank equity capital | $17,316,000 | 2,576 |
| 1996-12-31 | Rank | |
| Amended balance at previous year-end | $14,772,000 | 2,754 |
| Restatements from amended reports of income, net | $0 | 197 |
| Net income | $2,641,000 | 1,876 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net treasury stock transactions | NA | NA |
| Changes incidental to business combinations, net | $0 | 441 |
| Cash dividends declared on preferred stock | $0 | 191 |
| Cash dividends declared on common stock | $1,232,000 | 1,816 |
| Other comprehensive income | $55,000 | 504 |
| Other transactions with parent holding company | $0 | 528 |
| Bank equity capital | $16,236,000 | 2,761 |
| 1995-12-31 | Rank | |
| Amended balance at previous year-end | $13,044,000 | 2,941 |
| Restatements from amended reports of income, net | $0 | 212 |
| Net income | $2,224,000 | 2,262 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net treasury stock transactions | NA | NA |
| Changes incidental to business combinations, net | $0 | 459 |
| Cash dividends declared on preferred stock | $0 | 191 |
| Cash dividends declared on common stock | $1,023,000 | 1,966 |
| Other comprehensive income | $527,000 | 2,696 |
| Other transactions with parent holding company | $0 | 524 |
| Bank equity capital | $14,772,000 | 3,011 |
| 1994-12-31 | Rank | |
| Amended balance at previous year-end | $12,733,000 | 2,980 |
| Restatements from amended reports of income, net | $0 | 244 |
| Net income | $1,427,000 | 3,325 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net treasury stock transactions | NA | NA |
| Changes incidental to business combinations, net | $0 | 449 |
| Cash dividends declared on preferred stock | $0 | 211 |
| Cash dividends declared on common stock | $581,000 | 2,867 |
| Other comprehensive income | $-535,000 | 8,756 |
| Other transactions with parent holding company | $0 | 545 |
| Bank equity capital | $13,044,000 | 3,136 |
| 1993-12-31 | Rank | |
| Amended balance at previous year-end | $11,894,000 | 3,025 |
| Restatements from amended reports of income, net | $0 | 249 |
| Net income | $1,667,000 | 3,033 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net treasury stock transactions | NA | NA |
| Changes incidental to business combinations, net | $0 | 420 |
| Cash dividends declared on preferred stock | $0 | 217 |
| Cash dividends declared on common stock | $828,000 | 2,056 |
| Other comprehensive income | $0 | 1,984 |
| Other transactions with parent holding company | $0 | 566 |
| Bank equity capital | $12,733,000 | 3,182 |
| 1992-12-31 | Rank | |
| Amended balance at previous year-end | $11,317,000 | 3,043 |
| Restatements from amended reports of income, net | $0 | 350 |
| Net income | $1,043,000 | 4,376 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net treasury stock transactions | NA | NA |
| Changes incidental to business combinations, net | $0 | 366 |
| Cash dividends declared on preferred stock | $0 | 200 |
| Cash dividends declared on common stock | $466,000 | 2,936 |
| Other comprehensive income | $0 | 551 |
| Other transactions with parent holding company | $0 | 777 |
| Bank equity capital | $11,894,000 | 3,222 |