Bank
Merchants National Bank
Merchants National Bank is a community bank based in Hillsboro, Ohio, offering a full range of personal and business banking services, including deposit accounts, various loan products, and mortgage services.
Key Statistics
As of June 2026, public records show Merchants National Bank has originated approximately $155.4M in loan volume over the past 12 months, with an average loan size of $234k.
Volume (12mo)
$155.4M
Avg Loan Size
$234k
Total Mortgages
8,369
Total Borrowers
596
Lending Entities
Merchants National Bank funds loans through the following entities. These are the legal entities that appear on recorded mortgage documents.
8,369 mortgages recorded
Geography
Merchants National Bank's lending activity is concentrated in the following states, based on recorded mortgage data from the past 12 months.
Mortgages (12mo): 712
Volume (12mo): $152.3M
Total Volume: $1.9B
Mortgages (12mo): 3
Volume (12mo): $2.8M
Total Volume: $7.6M
Mortgages (12mo): 1
Volume (12mo): $175k
Total Volume: $881k
Top Borrowers
The following individuals have the most recorded mortgage transactions with Merchants National Bank. Click on a borrower to view their full investor profile.
+593 more borrowers not shown
FAQ
What type of lender is Merchants National Bank?
Merchants National Bank is classified as an bank based on our research. Banks are FDIC-insured depository institutions offering a range of mortgage products. They have a mix of business (17%) and personal loans in their portfolio.
What entities does Merchants National Bank fund loans under?
Merchants National Bank originates mortgages through 1 different lending entities. The most common include Merchants Natl Bank. These are the legal entity names that appear on recorded mortgage documents.
Where is Merchants National Bank most active?
Based on recorded mortgages, Merchants National Bank is most active in Ohio, Kentucky, and Pennsylvania.
How many loans has Merchants National Bank originated?
Public records show 8,369 mortgages recorded for Merchants National Bank, with $155.4M in volume over the past 12 months.
What is the average loan size for Merchants National Bank?
The average mortgage size for Merchants National Bank is $234k based on all recorded mortgages.
Does Merchants National Bank offer short-term loans?
Merchants National Bank primarily offers long-term financing, with only 1% of loans being short-term.
How is this data collected?
Elementix aggregates mortgage data from public county records across the United States. We use AI to normalize lender names, identify aliases, and connect borrowers to their lending relationships.