Overview / Commentary
800-328-9155
10705 South Jordan Gateway, Suite 200
South Jordan, UT 84095

Merrick Bank is headquartered in South Jordan and is the 11th largest bank in the state of Utah. It is also the 274th largest bank in the nation. It was established in 1997 and as of December of 2018, it had grown to 300 employees at 1 location. Merrick Bank's CD rates are 3X the national average, and it has a B health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #34519
Year Established1997
Employees300
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD6%
Return on Equity - YTD30.51%
Annual Interest Income$827.5MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$3.89B$3.50B
LoansQ4 2018vs Q4 2017$3.10B$2.83B
DepositsQ4 2018vs Q4 2017$3.09B$2.83B
Equity CapitalQ4 2018vs Q4 2017$760.4MM$630.2MM
Loan Loss AllowanceQ4 2018vs Q4 2017$504.5MM$471.5MM
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$148.7MM$137.4MM
Real Estate OwnedQ4 2018vs Q4 2017$0$0
Rates
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Merrick Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.84%$25k-12 Month CD
Locations


Merrick Bank Locations
Merrick Bank10705 South Jordan Gateway, Suite 200South Jordan, UT 84095

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