Merrick Bank is an FDIC insured institution headquartered at
10705 S Jordan Gtwy, South Jordan, UT 84095.
Deposit Rates - March 24, 2025
Overview 2025
General Bank Information
FDIC Insured
Yes
FDIC Certificate
# 34519
Date Established
1997
Assets
$ 5.92 billion
Loans
$ 4.51 billion
Deposits
$ 4.56 billion
Capital
$ 1,268.19 million
Summary Balance Sheet as of September 30, 2024
ASSETS
Cash & Balances due from depository institutions
$ 648.89 million
Interest-bearing balances
$ 622.23 million
Total securities
$ 260.74 million
Federal funds sold and reverse repurchase
$ 0.39 million
Net loans and leases
$ 4.51 billion
Loan loss allowance
$ 915.79 million
Trading account assets
N.A.
Bank premises and fixed assets
N.A.
Other real estate owned
N.A.
Goodwill and other intangibles
N.A.
All other assets
$ 402.74 million
Total Assets $ 4.65 billion
LIABILITIES
Total deposits
$ 4.56 billion
Interest-bearing deposits
$ 4.20 billion
Deposits held in domestic offices
$ 4.56 billion
% insured (estimated)" 86.27%
Federal funds purchased and repurchase agreements
N.A.
Trading liabilities
N.A.
Other borrowed funds
N.A.
Subordinated debt
N.A.
All other liabilities
$ 60.54 millionn
Total Liabilities $ 4.65 billion
Shareholders’ Equity $ 1,268.19 million
Summary Income Statement as of September 30, 2024
INCOME AND EXPENSES
Total Interest Income
$ 944.02 million
Total Interest Expense
$ 119.18 million
Net interest income
$ 824.85 million
Provision for loan and lease losses
$ 515.14 million
Total non interest income
$ 143.56 million
Total non interest expense
$ 290.53 million
Pre-tax Net Operating Income
$ 122.79 million
Customer Reviews for Merrick Bank
Branches
Click on location and enter new zip number to change." Columbus, OH
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