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Merit Bank
Huntsville, AL · FDIC Certificate #15270 · Chartered 08/1
Total assets
$581.58M
Total deposits
$446.63M
Total equity
$54.05M
Net loans
$396.37M
Branches (offices)
1
Net income (YTD)
$2.72M
Rank: #1,596 of 4,213 U.S. banks by assets · #28 of 93 in Alabama. Assets changed 26.6% and deposits 16.2% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 1.01% |
| Return on equity | 10.43% |
| Net interest margin (YTD) | 3.39% |
| Equity to assets | 9.29% |
| Tier 1 leverage ratio | 9.70% |
| Uninsured deposits (share of deposits) | 58.7% |
| Noncurrent loans (share of loans) | 0.00% |
| Net charge-offs (share of loans) | 0.14% |
| Loans to deposits | 88.7% |
| Real estate loans (share of loans) | 78.3% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $310.26M | 78.3% | |
| Commercial & industrial | $72.88M | 18.4% | |
| Consumer / individual | $98.00K | 0.0% | |
| Construction & development | $25.92M | 6.5% | |
| Agricultural | $16.12M | 4.1% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $237.18M | $208.42M | $195.00K | $28.53M |
| Jun 2023 | $317.02M | $240.66M | $404.00K | $34.41M |
| Jun 2024 | $406.75M | $341.40M | $560.00K | $36.53M |
| Jun 2025 | $459.54M | $384.42M | $1.53M | $39.17M |
| Jun 2026 | $581.58M | $446.63M | $2.72M | $54.05M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Alabama | $446.63M | 1 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $446.63M.
Similar-sized banks
Fnbc Bank & Trust ($581.58M) · Citizens State Bank ($581.01M)
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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