# MERIT BANK
OVERLAND PARK, KS · FDIC certificate 4675 · asset band <$300M · latest filing 2017-03 · stopped filing (departed)

**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 | $87.1M | |
| Deposits | $67.3M | |
| Loans and leases | $79.7M | |
| Total equity | $8.8M | |
| Loans / deposits | 116.59% (p98 of band) | 73.48% |
| Liquid assets / assets | 4.41% (p1 of band) | |
| Uninsured deposits / deposits | 6.71% (p15 of band) | 14.60% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 10.90% (p86 of band) | |
| FHLB advances / assets | 7.39% | |
| Tier 1 leverage | 8.80% (p14 of band) | 10.87% |
| Unrealized securities loss / equity | -0.10% (p58 of band) | -0.29% |
| AOCI / equity | 0.09% (p33 of band) | |
| ROA (annualized) | -1.60% (p1 of band) | 0.83% |
| Net interest margin | 4.50% (p90 of band) | 3.63% |
| Efficiency ratio | 152.88% (p99 of band) | |
| Noncurrent loans | 0.15% (p27 of band) | 0.63% |
| Net charge-offs (annualized) | 1.22% (p99 of band) | |
| Reserve coverage of noncurrent | 996.58% | |
| Real estate % of loans | 69% | |
| Construction % of loans | 91.72% (p93 of band) | |
| Auto loans | $1.2M (1.53% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $286,000 (3% of equity) (p98 of band) | |
| Deposits YoY | -4.0% | |
| Employees | 36 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **liquid assets <10%** (`liq_thin`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **charge-offs p90** (`aq_nco`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 1 | loans exceed deposits |  |
| 2011-09 | 0 |  | loans exceed deposits |
| 2011-12 | 0 |  |  |
| 2012-03 | 2 | loans exceed deposits, liquid assets <10% |  |
| 2012-06 | 2 |  |  |
| 2012-09 | 2 | capital falling | loans exceed deposits |
| 2012-12 | 0 |  | liquid assets <10%, capital falling |
| 2013-03 | 1 | liquid assets <10% |  |
| 2013-06 | 1 | loans-to-lenders >50% equity | liquid assets <10% |
| 2013-09 | 1 |  |  |
| 2013-12 | 2 | loans exceed deposits |  |
| 2014-03 | 1 |  | loans exceed deposits |
| 2014-06 | 6 | loans exceed deposits, liquid assets <10%, capital falling, construction >100% equity, uninsured deposits leaving |  |
| 2014-09 | 3 |  | loans-to-lenders >50% equity, liquid assets <10%, uninsured deposits leaving |
| 2014-12 | 3 | liquid assets <10% | capital falling |
| 2015-03 | 5 | charge-offs p90, loans-to-lenders >50% equity |  |
| 2015-06 | 2 |  | construction >100% equity, liquid assets <10%, loans-to-lenders >50% equity |
| 2015-09 | 1 |  | loans exceed deposits |
| 2015-12 | 2 | uninsured deposits leaving |  |
| 2016-03 | 4 | loans exceed deposits, liquid assets <10%, construction >100% equity | charge-offs p90 |
| 2016-06 | 3 |  | liquid assets <10% |
| 2016-09 | 4 | liquid assets <10% |  |
| 2016-12 | 1 | capital falling | uninsured deposits leaving, loans exceed deposits, construction >100% equity, liquid assets <10% |
| 2017-03 | 5 | loans exceed deposits, liquid assets <10%, losing money, expense ratio p90, charge-offs p90 | capital falling |

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

- 2021-03-18 [KC group envisions marrying fintech with community banking to build a powerhouse - Kansas City Business Journal - The Business Journals](https://news.google.com/rss/articles/CBMinwFBVV95cUxQd3A2c0hqSWZCXzRSS3pOU3ZCSmFTQllRTnA5NEtLRk5ReWdDV0dCNnZFTHU5YTkzdTZjcWNyS2prYkRLUVV4YlJJMlAxRG9tX216YTBhMHk4Z043UWZ2U2RmRHRFbGpNbDZFWmN5QTdBTU1oSG51WnJUV0I4Ql9HMU1Oc0p4YmVDd242MW1RcjhvZkg1dC10SExlWF82aVE?oc=5) · The Business Journals
- 2024-06-11 [Kansas City bank has no plans for a pause after striking deal - American Banker](https://news.google.com/rss/articles/CBMingFBVV95cUxNcjIyaGppVjBUZ0Zza204SjhvTTlUTEVjd0xLNVJCdk85ZTdLeVpwTGlJeHRvNzh2OV85dndodmFFbUpNdU1TcnR0bTVrWG5iR3BuTjlJM2xOa1J1dV8xdGkzeEdtUXoyRFpVOWdkeS13OVJha01IZ0Q1a2JlSklTeUZpV0xLRkxwdENZTTB3dmFjM045THg3elRwV3ZSZw?oc=5) · American Banker
- 2020-05-08 [Tonya Dee Fuchs (Hontz) Obituary May 8, 2020 - Speaks Chapels](https://news.google.com/rss/articles/CBMiYEFVX3lxTE1nSjg0Wl94bU16WWxVTENfY3ZjZmhkQ1UzcWluWFpTVW1wdUlFZFkxNjFkVTdVcmM2NGFrOEd0Y1RXVUhjc29YZHhQUGs5ZEZIVVFibFJvU1U4Z0xQT2t6QQ?oc=5) · Speaks Chapels
- 2025-06-17 [Family Savings Credit Union acquires bank branches - The Business Journals](https://news.google.com/rss/articles/CBMirAFBVV95cUxPd3lTemdLU09SY3FySzFJX0VLQThJRVRrbjk4QWpBTjhCSTJxUVVtcjBKZ1VSYjRSMTZIck4xYWs0UEVfT1cxSUo5b2l1UmJBejc4ZkpqS0VZYU1zTW8wNVJtbkxsUTJEV09oaDd5YV9aNE1Cd1ZhcjJ2WWFjMXIzOE9icTUyZnRMdUFua3JZUzJhUkI5bTFHV1dNQWRxc1dsRHFnRjJ4Y3d2dDg3?oc=5) · The Business Journals
- 2016-04-10 [James Belfield Obituary - Overland Park, KS - Dignity Memorial](https://news.google.com/rss/articles/CBMiigFBVV95cUxNZGRma2hpOXlDdXdBUnozTG0zd2gyT09rT1gwSVZvdU91TWpERU1BWk41UmZuT1BOWFZPaTFFZmZPN3VDSFE0ODRwekczNExtZnRSSnpIUWJYcnByM0tfbUdnblV5Q3JCdnJwYVlRM0pvWThHc1c3MXVmbDZGbTJhc2QyYWN0dGFPQ0E?oc=5) · Dignity Memorial
- 2019-03-05 [Academy Bank opens drive-up video teller sites - The Business Journals](https://news.google.com/rss/articles/CBMiqgFBVV95cUxOa2xuT1Q3bWdENHBHWHFtZG1IVmFPcGlCRE1XT2tpR1FnY2NhQVNMMFMwdkpjS3NCRHJrTkVkSHpjQkFSRzlPNHYzV3VWLXAzZjFWRDlTblNVUkVadG1oTlpMWnQ5OVpIUDJUZlNIcjhTV1Npc3V4Umx5T01tdFVISjQ1RThFRGJMRy1QOVNGV0pkalN4UWNHVHFyOFc2d2IxcDFUQmpMcGZ0Zw?oc=5) · The Business Journals
- 2014-09-28 [J. GLENN Obituary (1971 - 2014) - Lenexa, MO - Kansas City Star - Legacy obituary](https://news.google.com/rss/articles/CBMihwFBVV95cUxNS2lQOTNJQU05ZWpsT29Kd2NzT1FfTmZPU0FHdWVtcHBsNElNdXhVTjdSMlBBWnpXdkpUdUNnSkp3ZVlTX1J6UTMzTE5FRzlkRmpSVFBJZ3NCMmp1RE1YRnVWdTR4TWlxSmVLWGdmWVJaamZFdUxyRlM4ZklJS1Z5bjVXVXQ0a3M?oc=5) · Legacy obituary
- 2018-03-12 [CEO Holewinski: Academy Bank will keep growth rolling - The Business Journals](https://news.google.com/rss/articles/CBMirwFBVV95cUxOYjkxLUs2MWtuNVh5d0p1OTNHc2xlYUQ5dnhOY2UzOXBsWE5OeVc5Tlg3NDF6ZEpoQjg3eFBXZlgwZzhTMlBFODE0V1hEQVA5RGJFSXNhMmtIWWxKbDNiVnk2c0RQRGxTWGhHbTdpWFZHWkZ3UzFVRHNHVnRyV3A2QnczVVJuOGwySHhLQm44YUVQQlhnYjFiZXR2OUV6S0xxYmpQY1VBbUloNHdHMi1V?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=4675 (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/3.json (key "4675", 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