BlastPoint's Banking Scorecard
Merrick Bank
South Jordan, UT
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 885 banks in the $1B-$10B peer group nationwide — 1 of 16 in UT.
- Deposits +5.9% year over year ($7.4B on the books).
- Delinquency rate 4.16%.
- Return on assets 2.55%.
- Efficiency ratio 32.44% vs a 59.73% peer average.
- Loan-to-deposit ratio 99.14% vs a 85.04% peer average.
Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.
Merrick Bank has 4 strengths but faces 5 concerns
Key Strengths
Areas where this bank excels compared to peers
- + Profitability Leader: Top 2.7% in tier
- + Revenue Diversifier: Top 5.0% in tier
- + Net Interest Margin 15.71% above tier average
- + Efficiency Ratio 27.29% below tier average
Key Concerns
Areas that may need attention
- - Liquidity Strain: Bottom 24.1% in tier
- - Liquidity Overhang: Bottom 30.2% in tier
- - Delinquency Rate 3.30% above tier average
- - Non-Interest-Bearing Deposit Share 15.74% below tier average
- - Nonperforming Asset Ratio 2.67% above tier average
Core Metrics
As of 2026-Q2
| Metric | Current | vs Tier | Tier Avg | State Avg (UT) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Total Assets ? |
$9.1B
+2.0% YoY
+2.2% QoQ
|
+$6.3B |
$2.8B
-0.6% YoY
|
$31.1B
+21.2% YoY
|
$6.3B
+7.7% YoY
|
Top 2.0% in tier |
| Total Loans ? |
$7.3B
+0.5% YoY
+0.7% QoQ
|
+$5.4B |
$2.0B
-0.3% YoY
|
$18.5B
+10.6% YoY
|
$3.2B
+9.4% YoY
|
Top 0.5% in tier |
| Total Deposits ? |
$7.4B
+5.9% YoY
+3.9% QoQ
|
+$5.1B |
$2.3B
-0.5% YoY
|
$23.9B
+15.2% YoY
|
$4.9B
+7.3% YoY
|
Top 2.0% in tier |
| Return on Assets ? |
2.55%
+297.3% YoY
-22.9% QoQ
|
+1.16% |
1.39%
+17.0% YoY
|
2.15%
+9.7% YoY
|
1.30%
+12.1% YoY
|
Top 3.6% in tier |
| Net Interest Margin ? |
19.58%
+9.1% YoY
-0.1% QoQ
|
+15.71% |
3.87%
+6.2% YoY
|
7.81%
+8.6% YoY
|
3.95%
+4.9% YoY
|
Top 0.3% in tier |
| Efficiency Ratio ? |
32.44%
+3.5% YoY
+2.6% QoQ
|
-27.29% |
59.73%
-12.6% YoY
|
105.46%
+37.7% YoY
|
70.05%
+2.5% YoY
|
Top 2.8% in tier |
| Delinquency Rate ? |
4.16%
+5.2% YoY
-10.3% QoQ
|
+3.30% |
0.87%
+11.7% YoY
|
1.38%
+2.5% YoY
|
0.98%
+16.3% YoY
|
Bottom 1.8% in tier |
| Loan-to-Deposit Ratio ? |
99.14%
-5.1% YoY
-3.1% QoQ
|
+14.11% |
85.04%
-0.1% YoY
|
83.52%
+2.9% YoY
|
79.03%
+2.3% YoY
|
16% |
| Non-Interest-Bearing Deposit Share ? |
5.53%
+17.1% YoY
+37.1% QoQ
|
-15.74% |
21.27%
-1.5% YoY
|
17.78%
-2.6% YoY
|
21.98%
-0.6% YoY
|
Bottom 4.6% in tier |
| Nonperforming Asset Ratio ? |
3.35%
+3.7% YoY
-11.6% QoQ
|
+2.67% |
0.67%
+11.7% YoY
|
0.92%
+4.0% YoY
|
0.69%
+15.8% YoY
|
Bottom 1.9% in tier |
| Tier 1 Capital Ratio ? |
16.80%
-16.7% YoY
-5.7% QoQ
|
+1.95% |
14.84%
-0.4% YoY
|
21.39%
+2.0% YoY
|
17.09%
+0.8% YoY
|
85% |
| Non-Interest Income / Assets ? |
1.52%
+17.6% YoY
+103.3% QoQ
|
+0.99% |
0.53%
+2.5% YoY
|
2.21%
+5.7% YoY
|
0.66%
+5.2% YoY
|
Top 4.3% in tier |
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 (UT) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Noninterest-Bearing |
5.5%
+0.8pp YoY +1.5pp QoQ |
-15.8pp | 21.4% | 20.1% | 22.2% | 4% |
| Brokered Deposits |
79.0%
+0.8pp YoY -3.5pp QoQ |
+69.5pp | 9.5% | 28.6% | 8.5% | 99% |
Loan Composition
% of total loans & leases
| Metric | Current | vs Tier | Tier Avg | State Avg (UT) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| C&I | n/a | n/a | 14.0% | 25.0% | 12.5% | n/a |
| CRE | n/a | n/a | 50.0% | 44.1% | 41.4% | n/a |
| 1-4 Family | n/a | n/a | 26.4% | 13.8% | 31.3% | n/a |
| Consumer |
118.2%
+1.2pp YoY 0.0pp QoQ |
+113.5pp | 4.7% | 45.8% | 5.0% | 100% |
Capital
| Metric | Current | vs Tier | Tier Avg | State Avg (UT) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| CET1 Ratio |
16.8%
-3.4pp YoY -1.0pp QoQ |
+1.2pp | 15.6% | 25.0% | 19.7% | 82% |
| Leverage Ratio |
16.6%
-3.1pp YoY -0.5pp QoQ |
+5.3pp | 11.3% | 15.7% | 12.6% | 96% |
| Total Capital Ratio |
18.2%
-3.4pp YoY -1.0pp QoQ |
+1.5pp | 16.7% | 26.3% | 20.8% | 83% |
Efficiency & Staffing
| Metric | Current | vs Tier | Tier Avg | State Avg (UT) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Full-Time Employees |
471
-136 (-22.4%) YoY -67 (-12.5%) QoQ |
+157 | 313 | 1,029 | 482 | 82% |
| Assets per Employee ($) |
$19.4M
+31.5% YoY +16.7% QoQ |
+$8.9M | $10.5M | $39.6M | $8.8M | 95% |
| Branch Count |
1
0 YoY 0 QoQ |
-19 | 20 | 13 | 18 | 0% |
Asset Quality
| Metric | Current | vs Tier | Tier Avg | State Avg (UT) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Past Due 90+ Days |
3.6%
0.0pp YoY -0.5pp QoQ |
+3.4pp | 0.2% | 0.6% | 0.4% | 99% |
| Nonaccrual |
0.6%
+0.2pp YoY 0.0pp QoQ |
-0.2pp | 0.8% | 1.2% | 1.0% | 55% |
| Allowance Coverage |
4.36x
+1.8% YoY +11.5% QoQ |
-14.35x | 18.71x | 7.86x | 20.23x | 74% |
| Net Charge-off Rate (YTD) |
11.5%
-0.8pp YoY -0.3pp QoQ |
+11.3pp | 0.3% | 3.6% | 0.2% | 100% |
Profitability
| Metric | Current | vs Tier | Tier Avg | State Avg (UT) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| ROE |
13.5%
+10.3pp YoY -3.4pp QoQ |
+0.9pp | 12.6% | 15.9% | 11.6% | 62% |
| Cost of Funds (YTD) |
3.2%
0.0pp YoY 0.0pp QoQ |
+1.3pp | 1.9% | 2.3% | 1.7% | 97% |
| Net Income ($, YTD) |
$116.1M
+342.2% YoY — QoQ |
+$96.8M | $19.2M | $307.8M | $40.4M | 99% |
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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 (2)
Profitability Leader
growthTop-quartile profitability for peers of this size. Strong fundamentals and operational efficiency.
Revenue Diversifier
growthTop-quartile non-interest income relative to assets. Revenue less dependent on spread - more resilient to rate cycles.
Concerns (2)
Liquidity Strain
riskLoan-to-deposit ratio above 90% - loan demand outpacing deposits. Bumping against liquidity limits, funding solutions needed.
Liquidity Overhang
riskExceptional capital position (Tier 1 >= 16%, top quartile). Strong fundamentals - opportunity to deploy capital more productively.
Metric Rankings
See how this bank ranks across all tracked metrics compared to peers.