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 Merrick Bank
Merrick Bank
| RSSD ID 2615190 | CERTIFICATE 34519 | ABA NUMBER 124384602 |
| 10705 S Jordan Gtwy |
Quarter Ended : |
2025-03-31 |
| South Jordan, Utah, 84095 |
Updated : |
2025-04-30 |
| www.merrickbank.com |
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| Institution Profile |
| Year Opened : |
1997 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
041 |
|
| Specialization : |
Credit-card Specialization |
| Number of Offices : |
1 |
Number of Employees : |
500 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
|
Income Statement
(USD, in thousands, ytd) |
| Total Assets | 8,907,169 |
|
Total Interest Income | 336,349 |
| Total Liabilities | 7,057,771 |
|
Total NonInterest Income | 47,700 |
| Total Bank Equity Capital | 1,849,398 |
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Total Interest Expense | 56,893 |
| Total Deposits | 6,971,341 |
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Total NonInterest Expense | 97,336 |
| Net Loans & Leases | 4,994,383 |
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Net Income | 46,955 |
| Loan Loss Allowance | 972,820 |
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Net Charge Offs | 189,543 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 1,991,943 |
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Total loans | 5,984,039 |
| Total assets for the leverage ratio | 7,827,761 |
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Loans secured by real estate: | 0 |
| Tier 1 Leverage Ratio | 24.33 |
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Commercial and industrial loans | 0 |
| Tier 1 Capital Ratio | 30.77 |
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Loans to individuals - Credit Cards | 3,655,919 |
| Total Capital Ratio | 32.18 |
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Loans to individuals - Other | 2,328,119 |
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:· Merrick Bank
