Merchants Bancorp
For the period ended Dec 31, 2023. Filed Mar 12, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 12, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Table of Contents
| | | | | |
|---|---|---|---|---|
| | | | | |
| PART I | | | | |
| · · | ||||
| Item 1. | | Business | | 3 |
| · · | ||||
| Item 1A. | | Risk Factors | | 17 |
| · · | ||||
| Item 1B. | | Unresolved Staff Comments | | 31 |
| | | | | |
| Item 1C. | | Cybersecurity | | 31 |
| · · | ||||
| Item 2. | | Properties | | 33 |
| · · | ||||
| Item 3. | | Legal Proceedings | | 33 |
| · · | ||||
| Item 4. | | Mine Safety Disclosures | | 33 |
| · · | ||||
| PART II | | | | |
| · · | ||||
| Item 5. | | Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities | | 33 |
| · · | ||||
| Item 6. | | Selected Financial Data | | 35 |
| · · | ||||
| Item 7. | | Management’s Discussion and Analysis of Financial Condition and Results of Operations | | 37 |
| · · | ||||
| Item 7A. | | Quantitative and Qualitative Disclosures About Market Risk | | 64 |
| · · | ||||
| Item 8. | | Financial Statements and Supplementary Data | | 67 |
| · · | ||||
| Item 9. | | Changes in and Disagreements with Accountants on Accounting and Financial Disclosure | | 134 |
| · · | ||||
| Item 9A. | | Controls and Procedures | | 134 |
| · · | ||||
| Item 9B. | | Other Information | | 136 |
| Item 9C. | | Disclosure Regarding Foreign Jurisdictions that Prevent Inspections | | 136 |
| · · | ||||
| PART III | | | | |
| · · | ||||
| Item 10. | | Directors, Executive Officers, and Corporate Governance | | 137 |
| · · | ||||
| Item 11. | | Executive Compensation | | 137 |
| · · | ||||
| Item 12. | | Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters | | 137 |
| · · | ||||
| Item 13. | | Certain Relationships and Related Transactions, and Director Independence | | 137 |
| · · | ||||
| Item 14. | | Principal Accounting Fees and Services | | 137 |
| · · | ||||
| PART IV | | | | |
| · · | ||||
| Item 15. | | Exhibits, Financial Statement Schedules | | 138 |
| · · | ||||
| SIGNATURES | | 140 | ||
| | | | ||
| | | | ||
|---|---|---|---|---|
Information included in or incorporated by reference in this Annual Report on Form 10-K, our other filings with the Securities and Exchange Commission and our press releases or other public statements, contain or may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Please refer to a discussion of our forward-looking statements and associated risks in Item 1, “Business – Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995” and our discussion of risk factors in Item 1A, “Risk Factors” in this Annual Report on Form 10-K.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.