X0606 TA-2 2023-12-31 085-05569 0001727770 XXXXXXXX LIVE true false Merchants Financial Group, Inc. None N Board of Governors of the Federal Reserve System Not applicable 40 299 300 0 300 100.00 0.00 0.00 0.00 0.00 0.00 1 0 1 2 5725119.00 0 Not Applicable 0 0 12/15/2023 0 0 0 Susan M Savat 507-457-1135 CFO 04/19/2024