Merrick Bank
Merrick Bank
Overview / Commentary
Merrick Bank is headquartered in South Jordan and is the 13th largest bank in the state of Utah. It is also the 325th largest bank in the nation. It was established in 1997 and as of June of 2016, it had grown to 234 employees at 1 location. Merrick Bank has an A health rating.
Health
A
Data as of Q2 2016
Learn more about bank healthHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 34519 |
| Year Established | 1997 |
| Employees | 234 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 5.09% |
| Return on Equity - YTD | 23.37% |
| Annual Interest Income | $300.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $2.68B$2.29B |
| Loans | Q2 2016vs Q2 2015 | $2.30B$1.94B |
| Deposits | Q2 2016vs Q2 2015 | $2.06B$1.75B |
| Equity Capital | Q2 2016vs Q2 2015 | $578.8MM$505.3MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $284.0MM$209.7MM |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $73.6MM$50.5MM |
| Real Estate Owned | Q2 2016vs Q2 2015 | $0$0 |
Rates
Sorry, we do not have rate data for Merrick Bank.
Locations
| Merrick Bank Locations | ||
|---|---|---|
| Merrick Bank | 10705 South Jordan Gateway, Suite 200 | South Jordan, UT 84095 |