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Banks · Utah

Merrick Bank

South Jordan, UT · FDIC Certificate #34519 · Chartered 09/2

Total assets
$9.13B
Total deposits
$7.41B
Total equity
$1.61B
Net loans
$7.34B
Branches (offices)
1
Net income (YTD)
$116.07M
Rank: #179 of 4,213 U.S. banks by assets · #14 of 44 in Utah. Assets changed 2.0% and deposits 5.9% over the year to June 30, 2026.
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Key ratios

Return on assets (YTD, annualized by FDIC)2.55%
Return on equity13.48%
Net interest margin (YTD)19.58%
Equity to assets17.63%
Tier 1 leverage ratio16.59%
Uninsured deposits (share of deposits)4.8%
Noncurrent loans (share of loans)3.52%
Net charge-offs (share of loans)11.54%
Loans to deposits99.1%
Real estate loans (share of loans)0.0%

Loan mix

CategoryAmountShare
Real estate loans$0
0.0%
Commercial & industrial$0
0.0%
Consumer / individual$8.68B
118.2%
Construction & development$0
0.0%
Agricultural$0
0.0%

Five-year trend (June snapshots)

PeriodTotal assetsDepositsNet income (year to date)Equity / net worth
Jun 2022$4.82B$3.56B$93.49M$1.20B
Jun 2023$5.52B$4.31B$141.88M$1.14B
Jun 2024$6.07B$4.77B$67.11M$1.21B
Jun 2025$8.95B$6.99B$26.25M$1.83B
Jun 2026$9.13B$7.41B$116.07M$1.61B

Where its branch deposits sit (FDIC Summary of Deposits)

StateBranch depositsOffices
Utah$7.41B1

Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $7.41B.

Similar-sized banks

First Mid Bank & Trust, National Association ($9.14B) · American Savings Bank, National Association ($9.05B)

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.

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