# MERCHANTS BANK OF COMMERCE
SACRAMENTO, CA · FDIC certificate 24074 · asset band $1-10B · latest filing 2021-09 · stopped filing (departed)

**Verdict on the desk:** this could be *liquidity-rich*. Composite score 2 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $1.95B | |
| Deposits | $1.74B | |
| Loans and leases | $1.07B | |
| Total equity | $196.9M | |
| Loans / deposits | 60.54% (p21 of band) | 74.28% |
| Liquid assets / assets | 41.51% (p76 of band) | |
| Uninsured deposits / deposits | 54.81% (p88 of band) | 32.26% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p7 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.42% (p46 of band) | 9.58% |
| Unrealized securities loss / equity | 0.69% (p58 of band) | 0.34% |
| AOCI / equity | -3.31% (p11 of band) | |
| ROA (annualized) | 1.15% (p41 of band) | 1.23% |
| Net interest margin | 3.28% (p54 of band) | 3.24% |
| Efficiency ratio | 55.92% (p37 of band) | |
| Noncurrent loans | 0.28% (p39 of band) | 0.38% |
| Net charge-offs (annualized) | -0.02% (p10 of band) | |
| Reserve coverage of noncurrent | 564.17% | |
| Real estate % of loans | 86% | |
| Construction % of loans | 14.82% (p16 of band) | |
| Auto loans | $168,000 (0.02% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p38 of band) | |
| Deposits YoY | 14.2% | |
| Employees | 186 | |

## Flags firing in the latest filing

- **uninsured deposits >50%** (`liq_uninsured`)
- **capital falling** (`cap_falling`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | wholesale funding >15%, reserve under noncurrent |  |
| 2011-06 | 2 |  |  |
| 2011-09 | 2 |  |  |
| 2011-12 | 2 |  |  |
| 2012-03 | 3 | capital falling |  |
| 2012-06 | 2 |  | capital falling |
| 2012-09 | 2 |  |  |
| 2012-12 | 4 | capital falling, noncurrent p90 |  |
| 2013-03 | 4 |  |  |
| 2013-06 | 3 |  | capital falling |
| 2013-09 | 3 |  |  |
| 2013-12 | 3 |  |  |
| 2014-03 | 4 | charge-offs p90 |  |
| 2014-06 | 3 |  | wholesale funding >15% |
| 2014-09 | 4 | wholesale funding >15% |  |
| 2014-12 | 5 | capital falling |  |
| 2015-03 | 2 |  | noncurrent p90, charge-offs p90, capital falling |
| 2015-06 | 2 |  |  |
| 2015-09 | 2 |  |  |
| 2015-12 | 3 | noncurrent p90 |  |
| 2016-03 | 3 | losing money, expense ratio p90 | wholesale funding >15%, noncurrent p90 |
| 2016-06 | 2 | capital falling | reserve under noncurrent, losing money |
| 2016-09 | 2 |  |  |
| 2016-12 | 1 |  | expense ratio p90 |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 0 |  | capital falling |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 1 | reserve under noncurrent |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 0 |  | reserve under noncurrent |
| 2020-03 | 1 | capital falling |  |
| 2020-06 | 2 | uninsured deposits >50% |  |
| 2020-09 | 2 |  |  |
| 2020-12 | 2 |  |  |
| 2021-03 | 1 |  | capital falling |
| 2021-06 | 1 |  |  |
| 2021-09 | 2 | capital falling |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2021-10-01 [Columbia Banking System Announces Completion of Acquisition of Bank of Commerce Holdings - PR Newswire](https://news.google.com/rss/articles/CBMi3AFBVV95cUxOeGFnUlFJeTZBSkR2ejNqZW9qWFZfRUlOZTM2T240S1BVS3hXdmZMVVdIUVctZ05BY0dobW1LUFNMQXVTTlVtZ1ZKd081NnlhcXFoaDRDWjhzc3RxQUhBd09jMlNPTjlSX0FGcVJwS295aUFybmVDLXdKTDNKY1plQzI5Wl91YjhFdm9rN2M4YmR5Si1lNFdqb1hadkRqUkNhRl9kQjZHY05Td3hOMHFTSF91Zkg4NWVHU0RsdmRCcHdLREkwWnB5RDNwdGNtaFgxNkpTTkI5UGtHQm9L?oc=5) · PR Newswire
- 2021-06-24 [Another Sacramento bank acquired: Merchant Bank of Commerce joins Washington chain for $266M - Sacramento Bee](https://news.google.com/rss/articles/CBMiakFVX3lxTFBselZ3bjl5dTZqdE5EdWFIU2JNazdxclE5OHRCeHJyNHktWHdTeVJqTnBCb3BsRnFFOTNYT1NsczZRS1RMQTl0M0ZXM3RTbW9USmNELWlybG44MS1kZTdMalNwQVA2S2E1T2fSAWpBVV95cUxQVURLYmxwQ1JLMUpUVlZhTnVqWjJMTW5DZVBYaGJMLVJTS29ha21abklDaFZfQmRvVDdUSFJOeEF0OXVJbTN6cWVKVUlYTGdCWVRHeV9sUmtES2dlSHVHMG9MNGxfQ3VmakFR?oc=5) · Sacramento Bee
- 2021-06-24 [Columbia Banking System buying California bank for $266 million - American Banker](https://news.google.com/rss/articles/CBMinwFBVV95cUxNVFBnVmdORFRPaTcxeFBEYUxXSHRaZVJuTmtyR0dKRmRrRTJ0UTJqcm5QWV8tbFp6UVk3ZGRsYWRPZnFMZ3hmTERtZllvMjlFRTVxcm1IUlktc2VpVHY1eDFSNUpaY3BGd2IwX29uaUJlS1lIT05qMGtoSnRIZ0xRWnVPRmpLZXptVWNhQmJjc3hibU1STkUxR3BUZGNxMFE?oc=5) · American Banker
- 2021-06-26 [A Washington bank is acquiring the former Redding Bank of Commerce - Record Searchlight](https://news.google.com/rss/articles/CBMirgFBVV95cUxORndCOEpEUldiUjB3OTJZd2gwMHI2TkM1MVlFUUpCTzZRM2hROVloMnE5ZUhOaXBVME1teGswYkU1UUtFRzk5ODNLdDBWREoyQnBlbUc3RDhXR2hPWEFRa25malR5dkE0ZTQ5UkYxVGU0c3V0a2N6U1VHN3JwNjVyN2w1M1F1MkxvNnd4RjF1elp2R1ZJQnAyV3pJSGItWVZJaldESzVpZS1Nal9BSkE?oc=5) · Record Searchlight
- 2024-11-08 [Monthly Bulletin – June 2019 - The Department of Financial Protection and Innovation (.gov)](https://news.google.com/rss/articles/CBMiekFVX3lxTFBUdjhHSXM5QzZzU0Z5TG1LbG5BbmlOdFFQVVV4WFJUSlZtdG1TQjBVcU4yMWJ4N21YYW4wbmVVeHhWVXZSaEEyNW1TOHFGV3hZeFZPbnByNV9jcHNzUW5EbTN0VGlqRk9OM2tMb1k5SW5LR2RBbUIxU09n?oc=5) · The Department of Financial Protection and Innovation (.gov)
- 2020-01-17 [Merchants Bank of Commerce merger, name change cost $2.7M - The Business Journals](https://news.google.com/rss/articles/CBMirwFBVV95cUxOdl9TekRkTlNiUnNMcFZkSnBGYUtaTTIwclZmMXVsd0pvYS1pblFxSFdORVhOM2ZfejljWFJJOXpWV0t6bXVBZ1J5a1NlUjVRVjJFRmRFdWw0MXhuX1Jnc0R0eUlqRTQwMDZGQ21PSlUxNTBGVkI0akpOWUV4QkdmS1NyVUtoQTFENHZRajFIQ2o5UGd3SmNyc1NZeTRqQlBXYVFxWHI5OFZFZXFhazZz?oc=5) · The Business Journals
- 2021-06-23 [Columbia Banking System, Inc. Enters California Through The Acquisition Of Bank Of Commerce Holdings - PR Newswire](https://news.google.com/rss/articles/CBMi6gFBVV95cUxNSk1wQVhaZXQxMWszVXBsdWQ5enpVb3FoMnRYc2ZfeGZET2JsZzdXOW9QSndyQzFqalVpT1VSZkxZcTZRSmxHVXF3UURlSDBGNl90enZJUFIzSnlfLWlldHFnaUd0c2xobjc2ZkhUM1RqSGNVS3ZHV3pPbGYyQ19FeWp4dTJXQ0pmY2lOQnJHWkxGaXBLRnpGZjFYaDlSdjl4cUwxUURpeGVwazNSYTN3RUY1OC1oUURVc0Iwdnp3QTlXbjZuQTAtYlMwc29NRlptTkJGeVpDMFlWdzNncjM1Y3N5NHk4VXBHR1E?oc=5) · PR Newswire
- 2021-09-07 [As Community Banks Get Acquired, What Happens to Small-Business Lending? - Comstock's magazine](https://news.google.com/rss/articles/CBMipgFBVV95cUxNM1JNRkhkZlJBYVFjajVEWkVucFpURFk5RVo5NjVFTEUzVnJoVkpjeXhQaGp3QWpzVlplS1RyRVBUTzBjWjZQaXd5ek9VcU93TEIyNlpZTUhhUGJ5aE9Nd2tNN29DZlU5YWs5aDNkZUJFaHpnZ2dCVE56T05fODZkTlVHQkhxOVN1UDRXNGhOMXlraVRoSUo0VTZZcTlTZHlCcXRNdFVB?oc=5) · Comstock's magazine

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=24074 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/10.json (key "24074", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide