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Merrick Bank

IDRSSD: 2615190
Total Assets
—
Latest filing
Total Deposits
—
Latest filing
Net Interest Margin
—
Profitability

Vital Signs Report — 2024-Q4

Per-quarter snapshot for 2024-Q4: composite Vital Signs Score, all five pillars, and ranked Watch Items.

Synthesis

Vital Signs Score
73
/ 100
StableAs of 2024-Q4QoQ +1

Weighted composite of five pillars (Liquidity, Securities, Capitalization, Asset Quality, Reserves). Missing pillars are dropped from the denominator. See methodology footer.

Quarterly Headline

2024-Q4

Bank #2615190 2024-Q4 Vital Signs Score: 73/100 — overall stable. Strongest pillar: Securities (strong). Weakest pillar: Asset Quality (risk).

Liquidity:Stable
Securities:Strong
Capitalization:Strong
Asset Quality:Risk
Reserves:Strong

Top 3 Watch Items

  1. risk
    Brokered deposits above 30%
    Liquidity — Brokered 60.6% of deposits (threshold 30%).
  2. risk
    Net charge-offs elevated
    Asset Quality — NCO YTD 12.91% of loans.
  3. risk
    90+ days past due elevated
    Asset Quality — 90+ PD 4.78%.

What changed this quarter

Compared to Q3 2024:
↑ +1 ptscomposite
  • Liquidity
    ↑ +3
  • Securities
    — —
  • Capitalization
    — —
  • Asset Quality
    ↑ 0
  • Reserves
    — —

The five pillars

Liquidity

StableQoQ +3
69
Sub-score

Liquidity is stable: brokered 60.6%, loans/deposits 92.7%, cash 13.4% of assets.

Cash / Assets
13.40%
Loans / Deposits
92.67%
Brokered %
60.55%

Watch Items

  • riskBrokered deposits above 30% — Brokered 60.6% of deposits (threshold 30%).

Securities

Strong
100
Sub-score

Securities profile is strong: securities 0.1% of assets.

MtM Loss / Tier 1
—
SVB watch metric
Securities / Assets
0.06%
No watch items at this period.

Capitalization

Strong
100
Sub-score

Capital position is strong: Tier 1 RBC 22.00%, CET1 22.00%, leverage 20.40%.

Tier 1 RBC
22.00%
CET1
22.00%
Leverage
20.40%
No watch items at this period.

Asset Quality

RiskQoQ 0
19
Sub-score

Asset quality is weak: Adjusted NPL 5.31%, Texas Ratio 11.2%, NCO YTD 12.91%.

Adjusted NPL
5.31%
Govt-guarantees stripped
Texas Ratio
11.2%
NCO YTD
12.91%
30-89 PD
5.08%
Band 0.3% / 3.0%
90+ PD
4.78%
Band 0.1% / 2.0%

Watch Items

  • riskAdjusted NPL above 2% — Adjusted NPL 5.31% (govt-guarantees stripped).
  • risk90+ days past due elevated — 90+ PD 4.78%.
  • riskNet charge-offs elevated — NCO YTD 12.91% of loans.

Reserves

Strong
100
Sub-score

Reserves are strong: ALLL 16.71% of loans, coverage 377.9%, true coverage 318.4%.

ALLL / Loans
16.71%
Coverage
377.9%
True Loss Coverage
318.4%
No watch items at this period.

Methodology + sources

Vital Signs Score
Composite of five pillar sub-scores, each 0–100. Weights: Liquidity 20%, Securities 15%, Capitalization 25%, Asset Quality 25%, Reserves 15%. See functions/src/vitalSignsScore.ts for the complete formula and band anchors.
Period addressing
Per-quarter URLs accept "YYYY-Q{n}" (canonical), "YYYYqQ" (compact form), or "YYYY-MM-DD" quarter-end dates. All forms canonicalize to the same snapshot.
Source data
FFIEC Call Report Schedules RC, RC-A, RC-B, RC-E, RC-M, RC-N, RC-R, RI, and RI-B Pt I/II via CallReport_Financials + CallReport_FdicData (Visbanking nightly ingest).

Five-pillar framework follows industry-standard bank-health analytical conventions. Composite scoring is Visbanking's own.

Generated: 2026-05-13 11:59:23 UTC