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Merrick Bank

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

Vital Signs Report — 2025-Q1

Per-quarter snapshot for 2025-Q1: composite Vital Signs Score, all five pillars, and ranked Watch Items.

Synthesis

Vital Signs Score
76
/ 100
StableAs of 2025-Q1QoQ +3

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

Quarterly Headline

2025-Q1

Bank #2615190 2025-Q1 Vital Signs Score: 76/100 — 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 76.6% of deposits (threshold 30%).
  2. risk
    Net charge-offs elevated
    Asset Quality — NCO YTD 12.72% of loans.
  3. risk
    90+ days past due elevated
    Asset Quality — 90+ PD 4.15%.

What changed this quarter

Compared to Q4 2024:
↑ +3 ptscomposite
  • Liquidity
    ↑ +11
  • Securities
    — —
  • Capitalization
    — —
  • Asset Quality
    ↑ +2
  • Reserves
    — —

The five pillars

Liquidity

StableQoQ +11
79
Sub-score

Liquidity is stable: brokered 76.6%, loans/deposits 71.7%, cash 34.7% of assets.

Cash / Assets
34.71%
Loans / Deposits
71.65%
Brokered %
76.63%

Watch Items

  • riskBrokered deposits above 30% — Brokered 76.6% of deposits (threshold 30%).

Securities

Strong
100
Sub-score

Securities profile is strong: securities 0.0% of assets.

MtM Loss / Tier 1
—
SVB watch metric
Securities / Assets
0.05%
No watch items at this period.

Capitalization

Strong
100
Sub-score

Capital position is strong: Tier 1 RBC 30.77%, CET1 30.77%, leverage 24.48%.

Tier 1 RBC
30.77%
CET1
30.77%
Leverage
24.48%
No watch items at this period.

Asset Quality

RiskQoQ +2
21
Sub-score

Asset quality is weak: Adjusted NPL 4.73%, Texas Ratio 8.2%, NCO YTD 12.72%.

Adjusted NPL
4.73%
Govt-guarantees stripped
Texas Ratio
8.2%
NCO YTD
12.72%
30-89 PD
4.11%
Band 0.3% / 3.0%
90+ PD
4.15%
Band 0.1% / 2.0%

Watch Items

  • watchAdjusted NPL above 2% — Adjusted NPL 4.73% (govt-guarantees stripped).
  • risk90+ days past due elevated — 90+ PD 4.15%.
  • riskNet charge-offs elevated — NCO YTD 12.72% of loans.

Reserves

Strong
100
Sub-score

Reserves are strong: ALLL 16.30% of loans, coverage 411.5%, true coverage 343.5%.

ALLL / Loans
16.30%
Coverage
411.5%
True Loss Coverage
343.5%
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