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Merrick Bank
Merrick Bank
| RSSD ID 2615190 | CERTIFICATE 34519 | ABA NUMBER 124384602 |
| 10705 S Jordan Gtwy |
Quarter Ended : |
2025-09-30 |
| South Jordan, Utah, 84095 |
Updated : |
2025-10-30 |
| 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 |
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| Specialization : |
Credit-card Specialization |
| Number of Offices : |
1 |
Number of Employees : |
560 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 9,112,904 |
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Total Interest Income | 1,295,097 |
| Total Liabilities | 7,244,283 |
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Total NonInterest Income | 184,694 |
| Total Bank Equity Capital | 1,868,621 |
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Total Interest Expense | 189,572 |
| Total Deposits | 7,100,001 |
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Total NonInterest Expense | 411,466 |
| Net Loans & Leases | 7,494,978 |
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Net Income | 62,002 |
| Loan Loss Allowance | 1,315,530 |
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Net Charge Offs | 635,550 |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 1,918,451 |
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Total loans | 8,700,925 |
| Total assets for the leverage ratio | 9,225,446 |
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Loans secured by real estate: | 0 |
| Tier 1 Leverage Ratio | 19.44 |
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Commercial and industrial loans | 0 |
| Tier 1 Capital Ratio | 20.1 |
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Loans to individuals - Credit Cards | 6,066,299 |
| Total Capital Ratio | 21.5 |
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Loans to individuals - Other | 2,634,626 |
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