Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana. The company operates multiple lines of business, including multi-family housing and commercial real estate lending, mortgage warehouse financing, retail and correspondent residential mortgage banking, agricultural lending and traditional community banking. Merchants Bancorp operates in multiple states and has a strong presence in the Midwest and Southeast regions of the United States. The company was founded in 1990 and has grown through acquisitions and organic growth.