MERCHANTS BANCORP IND

Ticker: MBIN CUSIP: 58844R108 Class: Common Stock

Azora Capital LP's Holding History (CIK: 0001700272)

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

Q4 2017

Shares 26,288 Value ($000) $517 Avg Close $11.33 Range $9.85 - $13.31

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2017	26,288	$517	$11.33	$9.85 - $13.31