BlastPoint's Banking Scorecard
Merit Bank
Huntsville, AL
NEW · Q2 2026 RECAP
Your Quarter, Wrapped
A 35-second highlight reel of your Q2 — the wins worth celebrating and the one signal worth watching, pulled straight from your scorecard data.
Q2 2026 at a glance
- 1 of 2,643 banks in the $100M-$1B peer group nationwide — 1 of 63 in AL.
- Deposits +16.2% year over year ($446.6M on the books).
- Delinquency rate 0.00%.
- Return on assets 1.01%.
- Efficiency ratio 58.76% vs a 64.48% peer average.
- Loan-to-deposit ratio 88.75% vs a 77.95% peer average.
Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.
Merit Bank has 2 strengths but faces 2 concerns
Key Strengths
Areas where this bank excels compared to peers
- + Delinquency Rate 0.92% below tier average
- + Efficiency Ratio 5.72% below tier average
Key Concerns
Areas that may need attention
- - ROA 0.31% below tier average
- - Net Interest Margin 0.60% below tier average
Core Metrics
As of 2026-Q2
| Metric | Current | vs Tier | Tier Avg | State Avg (AL) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Total Assets ? |
$581.6M
+26.6% YoY
+10.8% QoQ
|
+$195.0M |
$386.6M
+1.2% YoY
|
$2.5B
+1.5% YoY
|
$6.3B
+7.7% YoY
|
79% |
| Total Loans ? |
$396.4M
+27.7% YoY
+12.1% QoQ
|
+$138.0M |
$258.3M
+1.7% YoY
|
$1.6B
+2.8% YoY
|
$3.2B
+9.4% YoY
|
79% |
| Total Deposits ? |
$446.6M
+16.2% YoY
+0.6% QoQ
|
+$119.9M |
$326.7M
+0.7% YoY
|
$2.1B
+0.3% YoY
|
$4.9B
+7.3% YoY
|
75% |
| Return on Assets ? |
1.01%
+47.8% YoY
+4.2% QoQ
|
-0.31% |
1.32%
+10.8% YoY
|
0.89%
-13.0% YoY
|
1.30%
+12.1% YoY
|
34% |
| Net Interest Margin ? |
3.39%
+15.9% YoY
+1.0% QoQ
|
-0.60% |
3.99%
+5.0% YoY
|
4.02%
+3.4% YoY
|
3.95%
+4.9% YoY
|
23% |
| Efficiency Ratio ? |
58.76%
-8.6% YoY
-7.2% QoQ
|
-5.72% |
64.48%
-3.2% YoY
|
69.53%
+4.0% YoY
|
70.05%
+2.5% YoY
|
61% |
| Delinquency Rate ? |
0.00%
-100.0% YoY
|
-0.92% |
0.92%
+15.7% YoY
|
1.13%
+25.5% YoY
|
0.98%
+16.3% YoY
|
Top 0.1% in tier |
| Loan-to-Deposit Ratio ? |
88.75%
+9.9% YoY
+11.5% QoQ
|
+10.80% |
77.95%
+1.0% YoY
|
67.62%
+0.9% YoY
|
79.03%
+2.3% YoY
|
29% |
| Non-Interest-Bearing Deposit Share ? |
22.52%
+30.1% YoY
+7.5% QoQ
|
+0.49% |
22.03%
-0.6% YoY
|
24.04%
+0.1% YoY
|
21.98%
-0.6% YoY
|
57% |
| Nonperforming Asset Ratio ? |
0.04%
-81.7% YoY
-73.1% QoQ
|
-0.63% |
0.67%
+16.4% YoY
|
0.74%
+25.2% YoY
|
0.69%
+15.8% YoY
|
80% |
| Tier 1 Capital Ratio ? |
12.23%
+4.4% YoY
+6.4% QoQ
|
-3.68% |
15.91%
+1.4% YoY
|
15.01%
+1.3% YoY
|
17.09%
+0.8% YoY
|
38% |
| Non-Interest Income / Assets ? |
0.16%
-66.5% YoY
+189.6% QoQ
|
-0.40% |
0.57%
+7.6% YoY
|
0.35%
-14.4% YoY
|
0.66%
+5.2% YoY
|
39% |
Additional Detail
Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2
Additional Detail
Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2
Deposit Composition
% of total deposits
| Metric | Current | vs Tier | Tier Avg | State Avg (AL) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Noninterest-Bearing |
22.5%
+5.2pp YoY +1.6pp QoQ |
+0.4pp | 22.1% | 24.0% | 22.2% | 57% |
| Brokered Deposits |
9.0%
-0.8pp YoY -0.1pp QoQ |
+1.1pp | 7.9% | 5.5% | 8.5% | 72% |
Loan Composition
% of total loans & leases
| Metric | Current | vs Tier | Tier Avg | State Avg (AL) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| C&I |
18.4%
-2.7pp YoY -1.3pp QoQ |
+6.8pp | 11.6% | 16.9% | 12.5% | 85% |
| CRE |
52.2%
-0.2pp QoQ |
+12.6pp | 39.5% | 43.5% | 41.4% | 74% |
| 1-4 Family |
19.6%
+10.3pp YoY +0.9pp QoQ |
-13.1pp | 32.6% | 30.6% | 31.3% | 29% |
| Consumer |
0.0%
-0.3pp YoY 0.0pp QoQ |
-4.1pp | 4.1% | 5.7% | 5.0% | 2% |
Capital
| Metric | Current | vs Tier | Tier Avg | State Avg (AL) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| CET1 Ratio |
12.2%
+0.5pp YoY +0.7pp QoQ |
-6.6pp | 18.8% | 15.1% | 19.7% | 19% |
| Leverage Ratio |
9.7%
+1.0pp YoY -0.4pp QoQ |
-2.5pp | 12.2% | 13.2% | 12.6% | 25% |
| Total Capital Ratio |
13.2%
+0.5pp YoY +0.9pp QoQ |
-6.8pp | 19.9% | 16.2% | 20.8% | 18% |
Efficiency & Staffing
| Metric | Current | vs Tier | Tier Avg | State Avg (AL) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Full-Time Employees |
46
+1 (+2.2%) YoY 0 QoQ |
-13 | 58 | 304 | 482 | 48% |
| Assets per Employee ($) |
$12.6M
+23.8% YoY +10.8% QoQ |
+$5.1M | $7.5M | $6.9M | $8.8M | 94% |
| Branch Count |
1
0 YoY 0 QoQ |
-4 | 4 | 20 | 18 | 0% |
Asset Quality
| Metric | Current | vs Tier | Tier Avg | State Avg (AL) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Past Due 90+ Days | n/a | n/a | 0.3% | 0.2% | 0.4% | n/a |
| Nonaccrual | n/a | n/a | 0.9% | 1.2% | 1.0% | n/a |
| Allowance Coverage | n/a | n/a | 24.15x | 7.50x | 20.23x | n/a |
| Net Charge-off Rate (YTD) |
0.1%
-0.7pp YoY -0.1pp QoQ |
0.0pp | 0.1% | 0.3% | 0.2% | 80% |
Profitability
| Metric | Current | vs Tier | Tier Avg | State Avg (AL) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| ROE |
10.4%
+2.4pp YoY +0.7pp QoQ |
-1.8pp | 12.2% | 10.0% | 11.6% | 40% |
| Cost of Funds (YTD) |
2.5%
-0.6pp YoY 0.0pp QoQ |
+0.8pp | 1.7% | 1.7% | 1.7% | 89% |
| Net Income ($, YTD) |
$2.7M
+77.4% YoY — QoQ |
+$168K | $2.6M | $17.2M | $40.4M | 66% |
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Signature Analysis
Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.
Strengths (0)
Concerns (0)
Metric Rankings
See how this bank ranks across all tracked metrics compared to peers.