Merrick Bank

South Jordan, UT
IDRSSD: 2615190
Total Assets
$9.25B
Latest filing
Total Deposits
$7.25B
Latest filing
Net Interest Margin
20.63%
Profitability

Routing numbers

Primary routing transit numbers associated with this institution.

124384602SOUTH JORDAN, UT

Key People

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Locations

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Main Office
Merrick Bank
10705 S Jordan Gtwy
South Jordan, UT 84095
Full Service - Brick and Mortar
Updated 01/30/2026Established 09/22/1997FDIC Certificate 59026

Branches (0)

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NameAddressCity / State
No branch data available.
Merrick Bank (Main)10705 S Jordan GtwySouth Jordan, UT

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date09/22/1997
Community BankNo
Ownership TypeNot Mutual
ZIP84095
State and County Number49035
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number12
Numeric code23
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictSan Francisco
Core Based Statistical Area NameSalt Lake City, UT

Operational Info

Number of Employees560
Domestic Offices1
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance09/22/1997
Primary Insurance AgencyDIF
Websitehttp://www.merrickbank.com
Data Updated01/30/2026
CERT34519
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$9.25B
Total Deposits$7.25B
Total Liabilities$7.37B
Total Equity Capital$1.88B
Net Income$37.66M
Net Loans and Leases$7.55B
Assets Per Employee ($Millions)$17.23M
Bank Premises and Fixed Assets$12.56M
Cash and Balances due from Depository Institutions$590.51M
Deposits Held in Domestic Offices$7.25B

Key Performance Ratios

Return on Assets (ROA)1.64%
Return on Equity (ROE)8.04%
Net Interest Margin20.63%
Efficiency Ratio30.3%
Tier 1 Risk-Based Capital Ratio20.094%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets12.8%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets20.299%
Earning Assets to total Assets90.81%

Income and Expense

Total Interest Income$498.71M
Total Noninterest Income$69.06M
Total Interest Expense$67.58M
Total Noninterest Expense$157.09M
Net Interest Income$431.13M
Pre-tax Net Operating Income$49.26M
Provision for Credit Losses$293.83M
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$0
Other borrowed funds$94.00k
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$121.80M
Total Liabilities and Capital$9.25B

Securities

Securities$287.63M
Available-for-sale debt securities$284.09M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$3.55M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Merrick Bank?
$9.25B as of the latest filing.
How much are Merrick Bank's total deposits?
$7.25B in total deposits.
Where is Merrick Bank located?
South Jordan, UT.
What is the Net Interest Margin?
20.63%.
How many domestic offices does it operate?
1.
When was it established?
09/22/1997.
What is the Return on Assets (ROA)?
1.64%.
How much are total loans and leases?
$7.55B (latest filing).
What is the total interest income (latest filing)?
$498.71M.