Merrick Bank Annual Report

We maintain the complete database with all recent information about Merrick Bank that you may need. With the help of the annual report, you can know the financial health of the bank, see how large it is, and track the dynamics and last trends of all financial indicators. All Merrick Bank data is relevant for April 2024.

3.25

Address

10705 South Jordan Gateway, Suite 200 South Jordan, UT 84095

FDIC Certificate ID

34519

Bank Charter Class

Federal Reserve Non-member

Financial report Merrick Bank

Quarterly

Annually

Change dates

June 30, 2022
March 31, 2022
December 31, 2021
September 30, 2021
June 30, 2021
March 31, 2021
December 31, 2020
September 30, 2020
June 30, 2020
March 31, 2020
December 31, 2019
September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018
September 30, 2018
June 30, 2018
March 31, 2018
December 31, 2017
September 30, 2017
June 30, 2017
March 31, 2017
December 31, 2016
September 30, 2016
June 30, 2016
March 31, 2016
December 31, 2015
September 30, 2015
June 30, 2015
March 31, 2015
December 31, 2014
September 30, 2014
June 30, 2014
March 31, 2014
December 31, 2013
September 30, 2013
June 30, 2013
March 31, 2013
December 31, 2012
September 30, 2012
June 30, 2012
March 31, 2012
December 31, 2011
September 30, 2011
June 30, 2011
March 31, 2011
December 31, 2010
September 30, 2010
June 30, 2010
March 31, 2010
December 31, 2009
September 30, 2009
June 30, 2009
March 31, 2009
December 31, 2008
September 30, 2008
June 30, 2008
March 31, 2008
December 31, 2007
September 30, 2007
June 30, 2007
March 31, 2007
December 31, 2006
September 30, 2006
June 30, 2006
March 31, 2006
December 31, 2005
September 30, 2005
June 30, 2005
March 31, 2005
December 31, 2004
September 30, 2004
June 30, 2004
March 31, 2004
December 31, 2003
September 30, 2003
June 30, 2003
March 31, 2003
December 31, 2002
September 30, 2002
June 30, 2002
March 31, 2002
December 31, 2001
September 30, 2001
June 30, 2001
March 31, 2001
December 31, 2000
September 30, 2000
June 30, 2000
March 31, 2000
December 31, 1999
September 30, 1999
June 30, 1999
March 31, 1999
December 31, 1998
September 30, 1998
June 30, 1998
March 31, 1998
December 31, 1997
September 30, 1997

June 30, 2022
March 31, 2022
December 31, 2021
September 30, 2021
June 30, 2021
March 31, 2021
December 31, 2020
September 30, 2020
June 30, 2020
March 31, 2020
December 31, 2019
September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018
September 30, 2018
June 30, 2018
March 31, 2018
December 31, 2017
September 30, 2017
June 30, 2017
March 31, 2017
December 31, 2016
September 30, 2016
June 30, 2016
March 31, 2016
December 31, 2015
September 30, 2015
June 30, 2015
March 31, 2015
December 31, 2014
September 30, 2014
June 30, 2014
March 31, 2014
December 31, 2013
September 30, 2013
June 30, 2013
March 31, 2013
December 31, 2012
September 30, 2012
June 30, 2012
March 31, 2012
December 31, 2011
September 30, 2011
June 30, 2011
March 31, 2011
December 31, 2010
September 30, 2010
June 30, 2010
March 31, 2010
December 31, 2009
September 30, 2009
June 30, 2009
March 31, 2009
December 31, 2008
September 30, 2008
June 30, 2008
March 31, 2008
December 31, 2007
September 30, 2007
June 30, 2007
March 31, 2007
December 31, 2006
September 30, 2006
June 30, 2006
March 31, 2006
December 31, 2005
September 30, 2005
June 30, 2005
March 31, 2005
December 31, 2004
September 30, 2004
June 30, 2004
March 31, 2004
December 31, 2003
September 30, 2003
June 30, 2003
March 31, 2003
December 31, 2002
September 30, 2002
June 30, 2002
March 31, 2002
December 31, 2001
September 30, 2001
June 30, 2001
March 31, 2001
December 31, 2000
September 30, 2000
June 30, 2000
March 31, 2000
December 31, 1999
September 30, 1999
June 30, 1999
March 31, 1999
December 31, 1998
September 30, 1998
June 30, 1998
March 31, 1998
December 31, 1997
September 30, 1997

June 30, 2022
March 31, 2022
December 31, 2021
September 30, 2021
June 30, 2021
March 31, 2021
December 31, 2020
September 30, 2020
June 30, 2020
March 31, 2020
December 31, 2019
September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018
September 30, 2018
June 30, 2018
March 31, 2018
December 31, 2017
September 30, 2017
June 30, 2017
March 31, 2017
December 31, 2016
September 30, 2016
June 30, 2016
March 31, 2016
December 31, 2015
September 30, 2015
June 30, 2015
March 31, 2015
December 31, 2014
September 30, 2014
June 30, 2014
March 31, 2014
December 31, 2013
September 30, 2013
June 30, 2013
March 31, 2013
December 31, 2012
September 30, 2012
June 30, 2012
March 31, 2012
December 31, 2011
September 30, 2011
June 30, 2011
March 31, 2011
December 31, 2010
September 30, 2010
June 30, 2010
March 31, 2010
December 31, 2009
September 30, 2009
June 30, 2009
March 31, 2009
December 31, 2008
September 30, 2008
June 30, 2008
March 31, 2008
December 31, 2007
September 30, 2007
June 30, 2007
March 31, 2007
December 31, 2006
September 30, 2006
June 30, 2006
March 31, 2006
December 31, 2005
September 30, 2005
June 30, 2005
March 31, 2005
December 31, 2004
September 30, 2004
June 30, 2004
March 31, 2004
December 31, 2003
September 30, 2003
June 30, 2003
March 31, 2003
December 31, 2002
September 30, 2002
June 30, 2002
March 31, 2002
December 31, 2001
September 30, 2001
June 30, 2001
March 31, 2001
December 31, 2000
September 30, 2000
June 30, 2000
March 31, 2000
December 31, 1999
September 30, 1999
June 30, 1999
March 31, 1999
December 31, 1998
September 30, 1998
June 30, 1998
March 31, 1998
December 31, 1997
September 30, 1997

June 30, 2022
March 31, 2022
December 31, 2021
September 30, 2021
June 30, 2021
March 31, 2021
December 31, 2020
September 30, 2020
June 30, 2020
March 31, 2020
December 31, 2019
September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018
September 30, 2018
June 30, 2018
March 31, 2018
December 31, 2017
September 30, 2017
June 30, 2017
March 31, 2017
December 31, 2016
September 30, 2016
June 30, 2016
March 31, 2016
December 31, 2015
September 30, 2015
June 30, 2015
March 31, 2015
December 31, 2014
September 30, 2014
June 30, 2014
March 31, 2014
December 31, 2013
September 30, 2013
June 30, 2013
March 31, 2013
December 31, 2012
September 30, 2012
June 30, 2012
March 31, 2012
December 31, 2011
September 30, 2011
June 30, 2011
March 31, 2011
December 31, 2010
September 30, 2010
June 30, 2010
March 31, 2010
December 31, 2009
September 30, 2009
June 30, 2009
March 31, 2009
December 31, 2008
September 30, 2008
June 30, 2008
March 31, 2008
December 31, 2007
September 30, 2007
June 30, 2007
March 31, 2007
December 31, 2006
September 30, 2006
June 30, 2006
March 31, 2006
December 31, 2005
September 30, 2005
June 30, 2005
March 31, 2005
December 31, 2004
September 30, 2004
June 30, 2004
March 31, 2004
December 31, 2003
September 30, 2003
June 30, 2003
March 31, 2003
December 31, 2002
September 30, 2002
June 30, 2002
March 31, 2002
December 31, 2001
September 30, 2001
June 30, 2001
March 31, 2001
December 31, 2000
September 30, 2000
June 30, 2000
March 31, 2000
December 31, 1999
September 30, 1999
June 30, 1999
March 31, 1999
December 31, 1998
September 30, 1998
June 30, 1998
March 31, 1998
December 31, 1997
September 30, 1997

June 30, 2022
March 31, 2022
December 31, 2021
September 30, 2021
June 30, 2021
March 31, 2021
December 31, 2020
September 30, 2020
June 30, 2020
March 31, 2020
December 31, 2019
September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018
September 30, 2018
June 30, 2018
March 31, 2018
December 31, 2017
September 30, 2017
June 30, 2017
March 31, 2017
December 31, 2016
September 30, 2016
June 30, 2016
March 31, 2016
December 31, 2015
September 30, 2015
June 30, 2015
March 31, 2015
December 31, 2014
September 30, 2014
June 30, 2014
March 31, 2014
December 31, 2013
September 30, 2013
June 30, 2013
March 31, 2013
December 31, 2012
September 30, 2012
June 30, 2012
March 31, 2012
December 31, 2011
September 30, 2011
June 30, 2011
March 31, 2011
December 31, 2010
September 30, 2010
June 30, 2010
March 31, 2010
December 31, 2009
September 30, 2009
June 30, 2009
March 31, 2009
December 31, 2008
September 30, 2008
June 30, 2008
March 31, 2008
December 31, 2007
September 30, 2007
June 30, 2007
March 31, 2007
December 31, 2006
September 30, 2006
June 30, 2006
March 31, 2006
December 31, 2005
September 30, 2005
June 30, 2005
March 31, 2005
December 31, 2004
September 30, 2004
June 30, 2004
March 31, 2004
December 31, 2003
September 30, 2003
June 30, 2003
March 31, 2003
December 31, 2002
September 30, 2002
June 30, 2002
March 31, 2002
December 31, 2001
September 30, 2001
June 30, 2001
March 31, 2001
December 31, 2000
September 30, 2000
June 30, 2000
March 31, 2000
December 31, 1999
September 30, 1999
June 30, 1999
March 31, 1999
December 31, 1998
September 30, 1998
June 30, 1998
March 31, 1998
December 31, 1997
September 30, 1997

2022
2021
2020
2019
2018
2017
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2015
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2012
2011
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2015
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2012
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1998
1997

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2021
2020
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2018
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2015
2014
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2012
2011
2010
2009
2008
2007
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2003
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1998
1997

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2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
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2003
2002
2001
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1997

2022
2021
2020
2019
2018
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2015
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2012
2011
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Hide dates

All values USD, Dollar figures in thousands

Updated June 30, 2022

Item

2022

2021

2020

2019

2018

Trends

Assets and Liabilities

Total assets

4,822,568

4,735,936

4,439,614

3,965,300

3,890,828

Cash & Balances due from depository institutions

475,501

689,345

848,921

263,312

414,145

Cash items in process of collection

14,476

15,270

14,703

1,295

1,036

Collection in domestic offices

14,475

15,269

14,702

1,294

1,035

Currency and coin in domestic offices

Balances due from depository institutions in U.S.

20,160

54,431

68,143

102,248

111,702

Balances due from foreign banks

N/A

Balances due from FRB

440,865

619,644

766,075

159,769

301,407

Total securities *

110,623

97,807

113,958

125,401

54,101

U.S. Government securities

70,211

67,411

83,921

92,804

50,873

U.S. Treasury securities

N/A

U.S. Government agency obligations

70,211

67,411

83,921

92,804

50,873

Securities issued by states & political subdivisions

13,112

11,705

5,403

2,185

3,228

Other domestic debt securities

22,294

13,656

19,583

30,412

N/A

Privately issued residential mortgage-backed securities

N/A

Asset backed securities

8,050

7,819

9,208

6,208

N/A

Structured financial products - Total

N/A

Other domestic debt securities - All other

14,244

5,837

10,375

24,204

N/A

Foreign debt securities

5,006

5,035

5,051

N/A

Equity securities not held for trading

N/A

Equity securities available-for-sale

N/A

Credit Loss Allowance for Held to Maturity Debt Securities

N/A

Assets held in trading accounts for TFR Reporters

N/A

General valuation allowances for securities for TFR Reporters

N/A

Federal funds sold and reverse repurchase

229

725

779

841

100,931

Net loans and leases

3,831,354

3,629,375

3,205,975

3,320,330

3,097,073

Loan and leases loss allowance**

609,240

473,950

502,950

530,380

504,480

Total loans and leases

4,440,594

4,103,325

3,708,925

3,850,710

3,601,553

Unearned income

N/A

Loans and leases, gross

4,440,594

4,103,325

3,708,925

3,850,710

3,601,553

All real estate loans

N/A

Real estate loans in domestic offices

N/A

Construction and development loans

N/A

Residential 1-4 family construction

N/A

Other construction, all land development and other land

N/A

Secured by nonfarm nonresidential properties

N/A

Nonfarm nonresidential secured by owner-occupied properties

N/A

Commercial real estate other non-farm non-residential

N/A

Multifamily residential real estate

N/A

1-4 family residential loans

N/A

Farmland loans

N/A

Loans held in foreign offices

N/A

Farm loans

N/A

Commercial and industrial loans

N/A

Loans to individuals

4,440,594

4,103,318

3,708,906

3,850,673

3,601,490

Credit card loans

3,594,442

3,286,154

2,923,471

3,177,007

3,056,357

Related Plans

N/A

Consumer Loans - Auto

N/A

Other loans to individuals

846,152

817,164

785,435

673,666

545,133

All other loans & leases*

N/A

Loans to foreign governments and official institutions

N/A

Obligations of states and political subdivisions in U.S.

N/A

Other loans

N/A

Lease financing receivables

N/A

Loans to depository institutions and acceptances of other banks

N/A

Trading account assets

N/A

Bank premises and fixed assets

2,118

1,986

2,782

3,257

4,014

Other real estate owned

N/A

Direct and indirect investments in real estate

N/A

OREO: Real estate acquired

N/A

Other real estate owned: 1-4 family residential

N/A

Other Real Estate Owned: Multi-family residential

N/A

Other real estate owned: Commercial real estate

N/A

Other real estate owned:Construction & development

N/A

Other real estate owned: Farmland

N/A

Foreclosed properties from GNMA loans before June 2018

N/A

Other real estate owned in foreign offices

N/A

Goodwill and other intangibles

N/A

Goodwill

N/A

Mortgage servicing assets

N/A

All other assets

402,743

316,698

267,199

252,159

220,564

Liabilities and Capital

Total liabilities and capital

4,822,568

4,735,936

4,439,614

3,965,300

3,890,828

Total Liabilities

3,619,408

3,552,881

3,362,897

3,094,935

3,130,419

Total deposits

3,558,870

3,470,234

3,310,427

3,048,132

3,087,390

Deposits held in domestic offices

3,558,870

3,470,234

3,310,427

3,048,132

3,087,390

Individuals, partnerships, and corporations

3,274,963

3,204,037

3,045,177

2,847,095

2,868,416

U.S. Government

N/A

248

N/A

States and political subdivisions in the U.S.

41,500

55,488

46,718

88,011

45,590

Commercial banks and other depository institutions in U.S.

242,407

210,709

218,532

112,778

173,384

Banks in foreign countries

N/A

Foreign governments and official institutions

N/A

Deposits held in foreign offices

N/A

Deposits held in domestic offices

3,558,870

3,470,234

3,310,427

3,048,132

3,087,390

Transaction accounts

3,076

2,159

1,618

1,239

1,338

Nontransaction accounts

3,555,794

3,468,075

3,308,809

3,046,893

3,086,052

Money market deposit accounts (MMDAs)

212,501

211,467

135,082

150,579

98,646

Other savings deposits (excluding MMDAs)

990,511

1,044,115

699,002

666,751

688,303

Total time deposits

2,352,782

2,212,493

2,474,725

2,229,563

2,299,103

Federal funds purchased and repurchase agreements

N/A

Trading liabilities

N/A

N/A - idobrmtg

N/A

Subordinated debt

N/A

All other liabilities

60,538

82,647

52,470

46,803

43,029

Total equity capital

1,203,160

1,183,055

1,076,717

870,365

760,409

Bank equity capital

1,203,160

1,183,055

1,076,717

870,365

760,409

Perpetual preferred stock

N/A

Common stock

Surplus

63,960

62,517

60,511

56,517

55,053

Undivided profits

1,139,190

1,120,528

1,016,196

813,838

705,346

Equity, minor interest in consolidated subs

N/A

Memoranda

Noncurrent loans and leases

155,866

112,192

95,507

162,684

148,686

Income earned, not collected on loans

36,119

32,543

29,857

31,280

30,015

Earning assets

4,402,866

4,399,833

4,154,569

3,699,201

3,646,864

Long-term assets (5+ years)

111,899

113,794

120,914

121,710

93,796

Average total assets

4,719,771.67

4,478,325

4,140,073.8

3,912,616

3,597,579.6

Average assets, quarterly

4,711,689.5

4,546,930

4,261,038

3,946,480.5

3,830,629

Total risk weighted assets adjusted

4,505,834

4,086,661

3,609,016

3,754,361

3,485,565

Adjusted average assets for leverage capital purposes

4,910,960

4,836,225

4,162,299

3,980,065

3,795,911

Life insurance assets

N/A

General account life insurance assets

N/A

Separate account life insurance assets

N/A

Hybrid life insurance assets

N/A

Volatile liabilities

93,849

76,587

84,701

114,288

33,185

Insider loans

N/A

FHLB advances

N/A

Loans and leases held for sale

1,600

1,525

1,599

2,176

1,881

Unused loan commitments

2,765,833

2,591,528

2,203,571

1,910,310

2,090,295

Tier one (core) capital

1,208,465

1,183,535

1,076,298

870,400

760,409

Tier 2 Risk-based capital

63,149

56,304

50,765

52,898

49,260

Total unused commitments

2,765,833

2,591,528

2,203,571

1,910,310

2,090,295

Derivatives

N/A