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 Merit Bank
Merit Bank
| RSSD ID 290838 | CERTIFICATE 15270 | ABA NUMBER 62206813 |
| 3810 Governors Drive Nw |
Quarter Ended : |
2025-12-31 |
| Huntsville, Alabama, 35805 |
Updated : |
2026-02-13 |
| https://www.meritbank.com |
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| Institution Profile |
| Year Opened : |
1935 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
Yes |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
1 |
Number of Employees : |
46 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 509,675 |
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Total Interest Income | 27,928 |
| Total Liabilities | 458,424 |
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Total NonInterest Income | 2,857 |
| Total Bank Equity Capital | 51,251 |
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Total Interest Expense | 13,543 |
| Total Deposits | 413,080 |
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Total NonInterest Expense | 11,342 |
| Net Loans & Leases | 348,169 |
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Net Income | 3,066 |
| Loan Loss Allowance | 3,584 |
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Net Charge Offs | 1,305 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 54,723 |
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Total loans | 343,224 |
| Total assets for the leverage ratio | 498,900 |
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Loans secured by real estate: | 234,899 |
| Tier 1 Leverage Ratio | 10.21 |
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Commercial and industrial loans | 87,925 |
| Tier 1 Capital Ratio | 13.01 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 13.98 |
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Loans to individuals - Other | 202 |
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:· Merit Bank
