Loading bank profile
Data through Q3 2026 · 4,200 institutions
Regulatory profile
Huntsville, AL · FDIC certificate #15270
MERIT BANK is an FDIC-insured institution based in Huntsville, AL (FDIC certificate #15270). In its Q3 2026 Call Report it reported total assets of $606M, total deposits of $480M and net loans of $415M. Its primary federal regulator is FDIC.
Plain-language readout
MERIT BANK has 3 quarters of reported history on file, from Q1 2026 to Q3 2026.
Total assets peaked at $606M in Q3 2026 and were lowest at $525M in Q1 2026.
Total deposits were highest at $480M in Q3 2026 and lowest at $444M in Q1 2026.
Over the whole period total assets rose 15.4%.
| Quarter | Assets | Deposits | Net loans | ROA | ROE | NIM |
|---|---|---|---|---|---|---|
| Q3 2026 | $606M | $480M | $415M | 1.04% | 11.17% | 3.45% |
| Q2 2026 | $582M | $447M | $396M | 1.01% | 10.43% | 3.39% |
| Q1 2026 | $525M | $444M | $353M | 0.97% | 9.77% | 3.36% |
History
| Line | Q2 2026 | Q1 2026 | Change | Change, percent |
|---|---|---|---|---|
| Assets | ||||
| Cash and balances due from depository institutions | $24.1M | $17.6M | +$6.5M | +36.6% |
| Federal funds sold | $534K | $531K | +$3K | +0.6% |
| Securities purchased under agreements to resell | $0K | $0K | $0K | n/a |
| Securities (available for sale at fair value plus held to maturity net of allowance) | $134.7M | $128.7M | +$6.0M | +4.6% |
| Equity securities with readily determinable fair values, not held for trading | $0K | $0K | $0K | n/a |
| Loans and leases held for sale | $1.8M | $807K | +$979K | +121.3% |
| Net loans and leases (after allowance) | $394.6M | $352.6M | +$41.9M | +11.9% |
| Trading assets | $0K | $0K | $0K | n/a |
| Premises and fixed assets | $5.8M | $6.0M | -$147K | -2.5% |
| Other real estate owned | $233K | $783K | -$550K | -70.2% |
| Investments in unconsolidated subsidiaries and associated companies | $0K | $0K | $0K | n/a |
| Direct and indirect investments in real estate ventures | $0K | $0K | $0K | n/a |
| Intangible assets (goodwill, servicing, other) | $222K | $238K | -$16K | -6.7% |
| All other assets | $19.7M | $17.5M | +$2.2M | +12.6% |
| Total assets | $581.6M | $524.8M | +$56.8M | +10.8% |
| Liabilities | ||||
| Total deposits | $446.6M | $444.0M | +$2.6M | +0.6% |
| Federal funds purchased | $0K | $0K | $0K | n/a |
| Securities sold under agreements to repurchase | $0K | $0K | $0K | n/a |
| Trading liabilities | $0K | $0K | $0K | n/a |
| Other borrowed money | $75.8M | $24.3M | +$51.5M | +212.4% |
| Subordinated notes and debentures | $0K | $0K | $0K | n/a |
| All other liabilities | $5.2M | $5.1M | +$64K | +1.3% |
| Total liabilities | $527.5M | $473.4M | +$54.1M | +11.4% |
| Equity | ||||
| Perpetual preferred stock | $0K | $0K | $0K | n/a |
| Common stock | $10K | $10K | $0K | 0.0% |
| Surplus | $45.6M | $45.6M | $0K | 0.0% |
| Retained earnings | $8.7M | $7.7M | +$989K | +12.8% |
| Accumulated other comprehensive income | -$267K | -$1.9M | +$1.7M | +86.3% |
| Other equity components | $0K | $0K | $0K | n/a |
| Total equity capital | $54.1M | $51.4M | +$2.7M | +5.2% |
| Credit and capital | ||||
| Gross nonperforming assets | $233K | $783K | -$550K | -70.2% |
| Adjusted nonperforming assets | $233K | $783K | -$550K | -70.2% |
| Tangible equity plus allowance | $57.7M | $54.5M | +$3.2M | +5.9% |
| Texas ratio (gross) | 0.40% | 1.44% | -1.03 pts | See points |
| Texas ratio (adjusted) | 0.40% | 1.44% | -1.03 pts | See points |
| Texas ratio (adjusted, with performing restructured) | 0.40% | 1.44% | -1.03 pts | See points |
| Tier 1 capital to risk-weighted assets | 12.23% | 11.49% | +0.74 pts | See points |
| Common equity Tier 1 to risk-weighted assets | 12.23% | 11.49% | +0.74 pts | See points |
| Tier 2 capital to risk-weighted assets | 0.93% | 0.79% | +0.14 pts | See points |
| Total risk-based capital to risk-weighted assets | 13.16% | 12.28% | +0.87 pts | See points |
| Tier 1 leverage (approximate) | 9.70% | 10.12% | -0.41 pts | See points |
| Construction and land loans to total capital | 45.23% | 32.14% | +13.08 pts | See points |
| Commercial real estate to total capital | 206.82% | 186.83% | +19.99 pts | See points |
| Dividend payout, year to date | 0.00% | 0.00% | 0.00 pts | See points |
| Securities unrealized gain (loss) to Tier 1 capital | -0.63% | -4.75% | +4.12 pts | See points |
| Liquidity | ||||
| Core deposits | $367.7M | $364.5M | +$3.2M | +0.9% |
| Non-core funding | $154.7M | $103.8M | +$50.9M | +49.0% |
| Loans to core deposits | 108.37% | 97.67% | +10.70 pts | See points |
| Loans to deposits | 89.21% | 80.16% | +9.05 pts | See points |
| Brokered deposits share of deposits | 8.96% | 9.01% | -0.05 pts | See points |
| Pledged securities share of securities | 21.34% | 21.08% | +0.25 pts | See points |
| Loans pledged, share of loans | 25.02% | 25.42% | -0.41 pts | See points |
| Volatile liabilities | $154.7M | $103.8M | +$50.9M | +49.0% |
| Earnings | ||||
| Earnings before provision, year to date | $4.0M | $1.6M | +$2.3M | +144.5% |
| Earnings before provision, single quarter | $2.3M | $1.6M | +$723K | +44.5% |
| Provision for credit losses, year to date | $534K | $58K | +$476K | +820.7% |
| Yield and cost | ||||
| Yield on loans and leases | 6.39% | 6.27% | +0.11 pts | See points |
| Yield on interest-bearing balances due from banks | 3.41% | 3.05% | +0.36 pts | See points |
| Total interest income to average assets | 5.78% | 5.65% | +0.13 pts | See points |
| Cost of interest-bearing transaction accounts | Not reported | Not reported | Not reported | See points |
| Cost of savings and money market deposits | 3.21% | 3.17% | +0.04 pts | See points |
| Cost of time deposits | 3.35% | 3.95% | -0.60 pts | See points |
| Total interest expense to average assets | 2.44% | 2.40% | +0.04 pts | See points |
Dollar lines show the change in dollars and percent. Ratio lines show the change in percentage points. Earnings lines marked year to date restart each January; the single-quarter line removes that restart.
Recent activity
No reviewed changes are available for this institution in the tracked window. This does not establish that no event occurred.
Ten-year database
| Quarter | Assets | Deposits | Net loans | ROA | ROE | NIM |
|---|---|---|---|---|---|---|
| 2026-09-30 | $606M | $480M | $415M | 1.04% | 11.17% | 3.45% |
| 2026-06-30 | $582M | $447M | $396M | 1.01% | 10.43% | 3.39% |
| 2026-03-31 | $525M | $444M | $353M | 0.97% | 9.77% | 3.36% |
Branch detail unavailable. Locations are not inferred from headquarters.
Annual FDIC Summary of Deposits, by state, as of the 2025 snapshot effective 2025-06-30. Deposits and share are as of that retained annual snapshot, not a quarterly balance — do not compare directly to Call Report deposit figures reported elsewhere on this profile.
| State | Deposits | Market share | Rank | Year over year |
|---|---|---|---|---|
| AL | $384.4M | 0.27% | 53 | Continuing · +0.02 pp |
Source: FDIC Summary of Deposits, annual release. Market share divides this institution's reported branch deposits by all retained deposits in the same state for the same year — not a quarterly balance, current rate, or organic-growth attribution. Inspect year-over-year market change →
Workforce history unavailable: no compatible reported FTE or office observation. Missing values are not zero.
No matched ownership, transformations, or reviewed revisions are available. Absence of a match is not proof that no change occurred.