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 Merit Bank
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Merit Bank
| RSSD ID 290838 | CERTIFICATE 15270 | ABA NUMBER 62206813 |
| 3810 Governors Drive Nw |
Quarter Ended : |
2026-06-30 |
| Huntsville, Alabama, 35805 |
Updated : |
2026-07-30 |
| 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 | 581,582 |
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Total Interest Income | 15,213 |
| Total Liabilities | 527,530 |
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Total NonInterest Income | 950 |
| Total Bank Equity Capital | 54,052 |
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Total Interest Expense | 6,449 |
| Total Deposits | 446,627 |
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Total NonInterest Expense | 5,739 |
| Net Loans & Leases | 394,586 |
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Net Income | 2,723 |
| Loan Loss Allowance | 3,842 |
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Net Charge Offs | 250 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 57,321 |
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Total loans | 379,035 |
| Total assets for the leverage ratio | 548,906 |
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Loans secured by real estate: | 292,901 |
| Tier 1 Leverage Ratio | 9.7 |
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Commercial and industrial loans | 70,960 |
| Tier 1 Capital Ratio | 12.23 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 13.16 |
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Loans to individuals - Other | 104 |
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:· Merit Bank
