Merchants Commercial Bank

St Thomas, VI · FDIC Certificate #58184 · Chartered 10/3

Total assets

$505.96M

Total deposits

$393.71M

Total equity

$31.91M

Net loans

$234.59M

Branches (offices)

Net income (YTD)

$4.83M

Rank: #1,772 of 4,213 U.S. banks by assets · #1 of 1 in U.S. Virgin Islands. Assets changed 4.2% and deposits 2.3% over the year to June 30, 2026.

Key ratios

Return on assets (YTD, annualized by FDIC)	1.91%
Return on equity	33.21%
Net interest margin (YTD)	3.62%
Equity to assets	6.31%
Tier 1 leverage ratio	10.79%
Uninsured deposits (share of deposits)	29.8%
Noncurrent loans (share of loans)	1.76%
Net charge-offs (share of loans)	-0.00%
Loans to deposits	59.6%
Real estate loans (share of loans)	92.4%

Loan mix

Category	Amount	Share
Real estate loans	$216.83M	92.4%
Commercial & industrial	$20.16M	8.6%
Consumer / individual	$1.12M	0.5%
Construction & development	$18.26M	7.8%
Agricultural	$0	0.0%

Five-year trend (June snapshots)

Period	Total assets	Deposits	Net income (year to date)	Equity / net worth
Jun 2022	$456.07M	$424.94M	$5.13M	$8.20M
Jun 2023	$441.54M	$363.36M	$5.67M	$7.14M
Jun 2024	$484.56M	$363.32M	$5.51M	$15.53M
Jun 2025	$485.76M	$384.71M	$4.35M	$16.18M
Jun 2026	$505.96M	$393.71M	$4.83M	$31.91M

Where its branch deposits sit (FDIC Summary of Deposits)

State	Branch deposits	Offices
U.S. Virgin Islands	$393.71M	2

Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $393.71M.

Similar-sized banks

First Community Bank Of The Heartland, Inc. ($505.97M) · Eagle Bank And Trust Company ($505.67M)

Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.