---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-102335"
form_type: "8-K"
ticker: "MBIN"
cik: "0001629019"
company_name: "Merchants Bancorp"
filed_at: "2022-09-22T23:59:59+00:00"
generated_at: "2026-06-23T08:01:21.655314+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Merchants Bank completes $1.2B securitization of multifamily bridge loans

## Summary
- Private REMIC securitization of $1.2B first-lien floating-rate multifamily bridge loans.
- Merchants Bank retains senior certificates representing ~86.6% beneficial interest; third-party investors buy subordinate certificates.
- Subsidiary Merchants Capital Corp. will continue servicing the loans.
- Expected to reduce risk-weighted assets and provide capital relief under risk-based capital rules.

## SEC filing metadata
- accession: 0001104659-22-102335
- form_type: 8-K
- ticker: MBIN
- cik: 0001629019
- company_name: Merchants Bancorp
- filed_at: 2022-09-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1629019/000110465922102335/0001104659-22-102335-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1629019/000110465922102335/tm2226432d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-102335
- JSON: https://secwatch.observer/filing/0001104659-22-102335.json
- Plain text: https://secwatch.observer/filing/0001104659-22-102335.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.