# MERRICK BANK
SOUTH JORDAN, UT · FDIC certificate 34519 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *credit-stressed*. Composite score 5 (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 | $9.13B | |
| Deposits | $7.41B | |
| Loans and leases | $8.68B | |
| Total equity | $1.61B | |
| Loans / deposits | 99.14% (p84 of band) | 87.10% |
| Liquid assets / assets | 10.06% (p6 of band) | |
| Uninsured deposits / deposits | 4.76% (p2 of band) | 30.76% |
| Brokered deposits | 64.08% | |
| Wholesale funding | 64.09% (p99 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 16.59% (p95 of band) | 10.50% |
| Unrealized securities loss / equity | -0.53% (p92 of band) | -7.75% |
| AOCI / equity | -0.04% (p71 of band) | |
| ROA (annualized) | 2.55% (p96 of band) | 1.26% |
| Net interest margin | 19.58% (p100 of band) | 3.70% |
| Efficiency ratio | 32.44% (p4 of band) | |
| Noncurrent loans | 3.52% (p97 of band) | 0.51% |
| Net charge-offs (annualized) | 11.07% (p100 of band) | |
| Reserve coverage of noncurrent | 436.47% | |
| Real estate % of loans | 0% | |
| Construction % of loans | 0.00% (p2 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p35 of band) | |
| Deposits YoY | 5.9% | |
| Employees | 471 | |

## Flags firing in the latest filing

- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)
- **capital falling** (`cap_falling`)
- **noncurrent p90** (`aq_noncurrent`)
- **charge-offs p90** (`aq_nco`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 4 | loans exceed deposits, brokered >10%, wholesale funding >15%, charge-offs p90 |  |
| 2011-06 | 4 |  |  |
| 2011-09 | 5 | liquid assets <10% |  |
| 2011-12 | 5 |  |  |
| 2012-03 | 5 |  |  |
| 2012-06 | 5 |  |  |
| 2012-09 | 5 | capital falling | loans exceed deposits |
| 2012-12 | 5 | loans exceed deposits | liquid assets <10% |
| 2013-03 | 5 | liquid assets <10% | loans exceed deposits |
| 2013-06 | 4 |  | capital falling |
| 2013-09 | 5 | loans exceed deposits, uninsured deposits leaving | liquid assets <10% |
| 2013-12 | 7 | liquid assets <10%, capital falling |  |
| 2014-03 | 6 |  | liquid assets <10% |
| 2014-06 | 5 |  | capital falling |
| 2014-09 | 7 | liquid assets <10%, noncurrent p90 |  |
| 2014-12 | 6 |  | uninsured deposits leaving |
| 2015-03 | 6 |  |  |
| 2015-06 | 6 |  |  |
| 2015-09 | 6 |  |  |
| 2015-12 | 6 |  |  |
| 2016-03 | 6 |  |  |
| 2016-06 | 6 |  |  |
| 2016-09 | 7 | uninsured deposits leaving |  |
| 2016-12 | 7 | capital falling | uninsured deposits leaving |
| 2017-03 | 7 |  |  |
| 2017-06 | 6 |  | capital falling |
| 2017-09 | 6 |  |  |
| 2017-12 | 6 | capital falling | loans exceed deposits |
| 2018-03 | 6 | loans exceed deposits, uninsured deposits leaving | liquid assets <10%, capital falling |
| 2018-06 | 6 |  |  |
| 2018-09 | 4 |  | loans exceed deposits, uninsured deposits leaving |
| 2018-12 | 6 | loans exceed deposits, uninsured deposits leaving |  |
| 2019-03 | 5 |  | uninsured deposits leaving |
| 2019-06 | 5 |  |  |
| 2019-09 | 5 |  |  |
| 2019-12 | 6 | liquid assets <10% |  |
| 2020-03 | 5 |  | liquid assets <10% |
| 2020-06 | 4 |  | loans exceed deposits |
| 2020-09 | 5 | loans exceed deposits |  |
| 2020-12 | 4 |  | loans exceed deposits |
| 2021-03 | 4 |  |  |
| 2021-06 | 5 | loans exceed deposits |  |
| 2021-09 | 5 |  |  |
| 2021-12 | 5 |  |  |
| 2022-03 | 6 | capital falling |  |
| 2022-06 | 5 |  | capital falling |
| 2022-09 | 5 |  |  |
| 2022-12 | 5 | capital falling | loans exceed deposits |
| 2023-03 | 5 |  |  |
| 2023-06 | 4 |  | capital falling |
| 2023-09 | 4 |  |  |
| 2023-12 | 4 |  |  |
| 2024-03 | 5 | capital falling |  |
| 2024-06 | 4 |  | capital falling |
| 2024-09 | 5 | uninsured deposits leaving |  |
| 2024-12 | 4 |  | uninsured deposits leaving |
| 2025-03 | 5 | uninsured deposits leaving |  |
| 2025-06 | 6 | loans exceed deposits |  |
| 2025-09 | 8 | liquid assets <10%, capital falling |  |
| 2025-12 | 8 |  |  |
| 2026-03 | 7 |  | uninsured deposits leaving |
| 2026-06 | 5 |  | loans exceed deposits, liquid assets <10% |

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

- 2026-08-08 [Merrick Bank Number of Employees 2026 | Employee Count & Headcount Data - reveliolabs.com](https://news.google.com/rss/articles/CBMibEFVX3lxTE5fb0xNSkNweC1EMWNiYTZWd2d0N1FSUDRBeE9WdVpOX2NvaWh4dGQ3eWJ5RTFDdG1lQk9tQ2pjQjJjdWdrY1plMmIteVkzaWVVT29ydWJpOFZQeG1MTl9LYy1MeDFCdnJSZ21mZQ?oc=5) · reveliolabs.com
- 2025-12-20 [Merrick Bank Reviews and Ratings - INQUIRER.net USA](https://news.google.com/rss/articles/CBMiYkFVX3lxTE9wQmM1TzVVcXViVnE2alVuTG55VGdrdjduMThESFdYcV9xR2pFdDBBY0RaYUo3bUxBdm41MEo0eWlCRFdhQWdaYUtVdDhDSjN4OFdvYlVaTlZhUXBhaG1CeFJB?oc=5) · INQUIRER.net USA
- 2026-02-05 [Utah Banks Are Quietly Rewriting the Rules on Fintech Risk - TechBuzz News](https://news.google.com/rss/articles/CBMikgFBVV95cUxPVndDTjZ1eUtZRFpHSnlXS1RvcWRZVUx0MmowRUxTUWJ6WWJaVlRneVo5Vl9IOUtZeVd0S2pXcUlZdHdxSF83bUxHQ1ExeE9OQ2RsYWJwd1lLclY3cURRMkVHcjRLalY4MWpZaGpZVHZHV2dFNkdwY0FRUW5rVjh5QWMwNVN5VDhTVWdBX2Z0UDMyZw?oc=5) · TechBuzz News
- 2014-10-21 [FDIC Reaches Settlement with Merrick Bank for Credit Card Add-On Charges - Consumer Financial Services Law Monitor](https://news.google.com/rss/articles/CBMizgFBVV95cUxPbFVDc2pMWDZjSkJwQnhCNGlQSVVFTjYwTFA2Vk1VNENqU0xTdk1sbGJzT3VadFRBUmNab2FFTFU5SXZnTXFhcC1lTk8wdGNiRmpmcXJKT2tUWGF1MzlpdlFPUFhNMmowdC1PbmFGZ3Z6emQ2cWpZY2ZHd0J6SDZZM2ZRU0F5UER3dElJS0V3QmRNN2w3b2E5MGxUZ2pPbGtGY0tMak96SEVoSzMweDZ6bTUzalE2bGE3Qk9PRGZsX3JrSi0xSlV6VjF3eEdGQQ?oc=5) · Consumer Financial Services Law Monitor
- 2021-05-24 [GreenBox Gains a BIN From Merrick Bank As It Eyes Bigger Merchants for Blockchain Processing - Digital Transactions](https://news.google.com/rss/articles/CBMiyAFBVV95cUxNeDhsV3dQd0c3QVdxdEtReGJiWk1Nc1hNNjB5Nl9CUkhwanlMenBGcEY5TGd0djhaQTJVbVZMRzFLWnVpTnJIcm1HUWdFbHBsc3cxY3NabFJ6V3h0MU4wYVFhNkNDYXNndkIydERlQ09TZ0ZDaExaYkVDMVJ1QmdWaHhpVHZNWE9TYkE5Q3VnbDFHM1BDX3JYVC1qak9jSWVJVW50UDZJOFVHbllDZzB5MlVZMWRUbDVsSlg2dTFwS1d6OTB2Z19IbA?oc=5) · Digital Transactions
- 2026-02-03 [Arron Echols Appointed as Chief Financial Officer at Merrick Bank - hrtoday.in](https://news.google.com/rss/articles/CBMijgFBVV95cUxQcmNGRDRuUEthemRndDU2SjZIS2lTajB5cE5VQ1p2RG9PekJTVURJQzlmTXpxMEJlRVFOcEtCOFFEVEZXOFdhYjc2dDVadEl3NUgtMUpWbjRDaDJsOW8wRmljdWtkZjhIUHRoOWlhUEZrcGRnZGdadjJsQlJWWlBWVElxWEVGdDJsNXg2ZEhR?oc=5) · hrtoday.in
- 2006-09-12 [Merrick Bank Acquires Merchant Credit Card Portfolio From Provident Bank - InsideARM](https://news.google.com/rss/articles/CBMiigFBVV95cUxNQm1VRDFmak1wbkdCdnVQYVg0TVJYcWNEa29aR3dvZ3VsOU1QTXZ0ME1rZU94TWhXTTFIMTduVlFkRER3RW5ZYmVuU1ltTl92UDY1Z2t6NURIbC1rNEdHc3YydmlLbW1EUWpmSFdwRWFYdExocHlSVHAxNnh1cHpsSUNNVkdpY3Y2clE?oc=5) · InsideARM
- 2009-06-23 [Merrick Bank v. Savvis Update: Savvis Files Motion to Dismiss - InfoLawGroup LLP](https://news.google.com/rss/articles/CBMivAFBVV95cUxPSHFFUGRUVWltYkZSd0huX1VNSG9GZWhZRHFsLWRZcVY2TjAwdGxQSkpQbzUtcU55d0dHVUQ3TmpRNWFzVndvcWRlb3pIelQ2aS1fMk5BODdsX3dOQmZXLUoya2JqdmYtS1A1TTNoRlVIZjY3LUUyc1NuQ1JOLVhQWUFTR01BbjBxalRtMEk1dEpFZ0RjMmZKT3ZScWpIQWljRXJNYVZmbWxBVm1URlQxRGotVE15STNOTTAyWQ?oc=5) · InfoLawGroup LLP

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=34519 (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/23.json (key "34519", 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.

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