Merchants Bank of Commerce is headquartered in Redding and is the 48th largest bank in the state of California. It is also the 570th largest bank in the nation. It was established in 1982 and as of December of 2020, it had grown to 206 employees at 12 locations. Merchants Bank of Commerce has an A+ health rating.
I do business with this bank and have been pleased with their customer service.
Overall | |
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FDIC Certificate # | 24074 |
Year Established | 1982 |
Employees | 206 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.99% |
Return on Equity - YTD | 8.52% |
Annual Interest Income | $60.4MM |
Assets and Liabilities | ||
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Assets | Q4 2020vs Q4 2019 | $1.76B$1.48B |
Loans | Q4 2020vs Q4 2019 | $1.12B$1.02B |
Deposits | Q4 2020vs Q4 2019 | $1.55B$1.27B |
Equity Capital | Q4 2020vs Q4 2019 | $194.8MM$188.5MM |
Loan Loss Allowance | Q4 2020vs Q4 2019 | $16.9MM$12.2MM |
Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $7.0MM$5.6MM |
Real Estate Owned | Q4 2020vs Q4 2019 | $8.00K$35.00K |
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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