Overview / Commentary
Merchants Bank of Commerce is headquartered in Redding and is the 47th largest bank in the state of California. It is also the 574th largest bank in the nation. It was established in 1982 and as of June of 2019, it had grown to 210 employees at 13 locations. Merchants Bank of Commerce has an A health rating.
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Reviews (1)
Redding Bank Of Commerce
Posted by: pearlbrown | Nov 23, 2010
I do business with this bank and have been pleased with their customer service.
Health
A
Data as of Q2 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 24074 |
| Year Established | 1982 |
| Employees | 210 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.03% |
| Return on Equity - YTD | 8.54% |
| Annual Interest Income | $29.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2019vs Q2 2018 | $1.44B$1.28B |
| Loans | Q2 2019vs Q2 2018 | $1.03B$926.2MM |
| Deposits | Q2 2019vs Q2 2018 | $1.24B$1.08B |
| Equity Capital | Q2 2019vs Q2 2018 | $185.4MM$134.1MM |
| Loan Loss Allowance | Q2 2019vs Q2 2018 | $12.4MM$12.4MM |
| Unbacked Noncurrent Loans | Q2 2019vs Q2 2018 | $13.5MM$4.2MM |
| Real Estate Owned | Q2 2019vs Q2 2018 | $0$140.00K |
Rates
Sorry, we do not have rate data for Merchants Bank of Commerce.
Locations
Sorry, but we do not have location data for Merchants Bank of Commerce. Its headquarters is located at 1951 Churn Creek Road - Redding, CA 96002