MERCHANTS BANCORP IND

Ticker: MBIN CUSIP: 58844R108 Class: Common Stock

Pacific Ridge Capital Partners, LLC's Holding History (CIK: 0001591546)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 21,936 Value ($000) $747 Avg Close $32.77 Range $30.29 - $37.36

Q3 2025

Shares 15,224 Value ($000) $484 Avg Close $32.65 Range $28.58 - $35.81

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	21,936	$747	$32.77	$30.29 - $37.36
Q3 2025	15,224	$484	$32.65	$28.58 - $35.81