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 313th largest bank in the nation. It was established in 1997 and as of March of 2017, it had grown to 255 employees at 1 location. Merrick Bank has an A health rating.
Health
A
Data as of Q1 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 34519 |
| Year Established | 1997 |
| Employees | 255 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 2.65% |
| Return on Equity - YTD | 12.77% |
| Annual Interest Income | $169.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2017vs Q1 2016 | $2.98B$2.54B |
| Loans | Q1 2017vs Q1 2016 | $2.53B$2.17B |
| Deposits | Q1 2017vs Q1 2016 | $2.30B$1.90B |
| Equity Capital | Q1 2017vs Q1 2016 | $620.9MM$570.0MM |
| Loan Loss Allowance | Q1 2017vs Q1 2016 | $376.4MM$251.6MM |
| Unbacked Noncurrent Loans | Q1 2017vs Q1 2016 | $107.1MM$76.6MM |
| Real Estate Owned | Q1 2017vs Q1 2016 | $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 |