BlastPoint's Banking Scorecard
Merrick Bank
Mid-Market
Specialty: Credit Card
UT
FDIC cert 34519
South Jordan, UT
201
banks in Mid-Market tier nationally
7 in UT
View Mid-Market leaderboard (UT) →
Merrick Bank has 3 strengths but faces 5 concerns
Key Strengths
Areas where this bank excels compared to peers
- + Revenue Diversifier: Top 25% in Mid-Market
- + Efficiency Ratio 25.77% below tier
- + Tier 1 Capital Ratio 6.54% above tier
Key Concerns
Areas that may need attention
- - Liquidity Overhang: Bottom 12% in Mid-Market
- - Margin Compression: Bottom 39% in Mid-Market
- - Delinquency Rate 3.96% above tier
- - Non-Interest-Bearing Deposit Share 16.31% below tier
- - Nonperforming Asset Ratio 3.29% above tier
Core Metrics
As of 2025-Q4
| Metric | Current | vs Tier | Tier Avg | State Avg (UT) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Total Assets ? |
$9.3B
+38.3% YoY
+1.5% QoQ
|
-$1.2B |
$10.5B
+2.9% YoY
|
$27.8B
+4.3% YoY
|
$5.9B
+6.5% YoY
|
58% |
| Total Loans ? |
$7.5B
+52.2% YoY
+0.7% QoQ
|
+$417.4M |
$7.1B
+4.5% YoY
|
$18.4B
+5.7% YoY
|
$3.1B
+8.5% YoY
|
68% |
| Total Deposits ? |
$7.3B
+35.5% YoY
+2.1% QoQ
|
-$1.3B |
$8.5B
+3.0% YoY
|
$22.6B
+4.5% YoY
|
$4.7B
+6.3% YoY
|
55% |
| Return on Assets ? |
1.16%
-33.4% YoY
+18.2% QoQ
|
0 |
1.16%
+9.4% YoY
|
1.81%
-9.1% YoY
|
1.12%
+15.6% YoY
|
49% |
| Net Interest Margin ? |
19.53%
-5.1% YoY
+2.5% QoQ
|
+16.13% |
3.40%
+7.9% YoY
|
5.42%
-7.6% YoY
|
3.75%
+7.1% YoY
|
- |
| Efficiency Ratio ? |
30.83%
+3.7% YoY
-0.7% QoQ
|
-25.77% |
56.60%
-3.2% YoY
|
52.17%
+2.9% YoY
|
65.09%
-5.1% YoY
|
Top 5% in tier |
| Delinquency Rate ? |
4.64%
-12.5% YoY
+9.1% QoQ
|
+3.96% |
0.68%
+12.0% YoY
|
1.05%
-14.1% YoY
|
0.66%
+20.3% YoY
|
Bottom 1% in tier |
| Loan-to-Deposit Ratio ? |
104.10%
+12.3% YoY
-1.4% QoQ
|
+18.63% |
85.47%
+1.1% YoY
|
84.36%
-0.6% YoY
|
78.04%
+0.7% YoY
|
Bottom 7% in tier |
| Non-Interest-Bearing Deposit Share ? |
4.33%
-22.6% YoY
+7.7% QoQ
|
-16.31% |
20.64%
-0.3% YoY
|
13.04%
-1.8% YoY
|
21.79%
-1.3% YoY
|
Bottom 9% in tier |
| Nonperforming Asset Ratio ? |
3.79%
-3.7% YoY
+8.3% QoQ
|
+3.29% |
0.50%
+7.3% YoY
|
0.58%
-21.1% YoY
|
0.48%
+20.8% YoY
|
Bottom 1% in tier |
| Tier 1 Capital Ratio ? |
20.09%
-8.7% YoY
-0.0% QoQ
|
+6.54% |
13.55%
+1.8% YoY
|
9.83%
-1.9% YoY
|
9.75%
-1.9% YoY
|
Top 6% in tier |
| Non-Interest Income / Assets ? |
2.74%
-4.4% YoY
+35.3% QoQ
|
+1.79% |
0.96%
+7.1% YoY
|
1.76%
-7.5% YoY
|
0.65%
+0.6% YoY
|
Top 5% in tier |
Signature Analysis
Strengths (3)
Revenue Diversifier
growth
#13 of 49 · Top 25% in Mid-Market
Top-quartile non-interest income relative to assets. Revenue less dependent on spread - more resilient to rate cycles.
Why this signature
Noninterest Income / Assets:
2.74%
(Tier: 0.96%, National: 0.65%)
Return on Assets:
1.16%
(Tier: 1.16%, National: 1.12%)
49 of 49 Mid-Market banks match
·
441 nationally
→ Stable
+4 banks QoQ
|
QoQ rank improving
Efficiency Ratio
metric
Top 5%
in Mid-Market
Why this stands out
Current:
30.83%
(Tier avg: 56.60%, National avg: 65.09%)
Tier 1 Capital Ratio
metric
Top 6%
in Mid-Market
Why this stands out
Current:
20.09%
(Tier avg: 13.55%, National avg: 9.75%)
Concerns (5)
Liquidity Overhang
risk
#4 of 26 · Bottom 12% in Mid-Market
Exceptional capital position (Tier 1 >= 16%, top quartile). Strong fundamentals - opportunity to deploy capital more productively.
Why this signature
Tier 1 Risk-Based Capital Ratio:
20.09%
(Tier: 13.55%, National: 9.75%)
Loan-to-Deposit Ratio:
104.10%
(Tier: 85.47%, National: 78.04%)
26 of 26 Mid-Market banks match
·
314 nationally
→ Stable
+6 banks QoQ
|
QoQ rank declining
Margin Compression
decline
#8 of 19 · Bottom 39% in Mid-Market
Profitability above 0.75% ROA but margins eroding by at least 0.10pp YoY. Something changed - rising costs or falling yields need addressing.
Why this signature
Return on Assets:
1.16%
(Tier: 1.16%, National: 1.12%)
19 of 19 Mid-Market banks match
·
147 nationally
→ Stable
-9 banks QoQ
Delinquency Rate
metric
Bottom 1%
in Mid-Market
Why this stands out
Current:
4.64%
(Tier avg: 0.68%, National avg: 0.66%)
Non-Interest-Bearing Deposit Share
metric
Bottom 9%
in Mid-Market
Why this stands out
Current:
4.33%
(Tier avg: 20.64%, National avg: 21.79%)
Nonperforming Asset Ratio
metric
Bottom 1%
in Mid-Market
Why this stands out
Current:
3.79%
(Tier avg: 0.50%, National avg: 0.48%)
Metric Rankings
How this bank ranks across all 12 tracked metrics. Switch cohort to compare against different peer sets.
Strengths: Metrics in the top 25% (75th percentile or higher) Concerns: Metrics in the bottom 25%
Top Strengths
95
95th pctile
Efficiency Ratio
Current: 30.83% · Tier avg: 56.60%
95
95th pctile
Non-Interest Income / Assets
Current: 2.74% · Tier avg: 0.96%
94
94th pctile
Tier 1 Capital Ratio
Current: 20.09% · Tier avg: 13.55%
68
68th pctile
Total Loans
Current: $7.5B · Tier avg: $7.1B
58
58th pctile
Total Assets
Current: $9.3B · Tier avg: $10.5B
55
55th pctile
Total Deposits
Current: $7.3B · Tier avg: $8.5B
49
49th pctile
Return on Assets
Current: 1.16% · Tier avg: 1.16%
9
9th pctile
Non-Interest-Bearing Deposit Share
Current: 4.33% · Tier avg: 20.64%
7
7th pctile
Loan-to-Deposit Ratio
Current: 104.10% · Tier avg: 85.47%
0
0th pctile
Delinquency Rate
Current: 4.64% · Tier avg: 0.68%
0
0th pctile
Nonperforming Asset Ratio
Current: 3.79% · Tier avg: 0.50%
Top Weaknesses
0
0th pctile
Nonperforming Asset Ratio
Current: 3.79% · Tier avg: 0.50%
0
0th pctile
Delinquency Rate
Current: 4.64% · Tier avg: 0.68%
7
7th pctile
Loan-to-Deposit Ratio
Current: 104.10% · Tier avg: 85.47%
9
9th pctile
Non-Interest-Bearing Deposit Share
Current: 4.33% · Tier avg: 20.64%
49
49th pctile
Return on Assets
Current: 1.16% · Tier avg: 1.16%
55
55th pctile
Total Deposits
Current: $7.3B · Tier avg: $8.5B
58
58th pctile
Total Assets
Current: $9.3B · Tier avg: $10.5B
68
68th pctile
Total Loans
Current: $7.5B · Tier avg: $7.1B
94
94th pctile
Tier 1 Capital Ratio
Current: 20.09% · Tier avg: 13.55%
95
95th pctile
Non-Interest Income / Assets
Current: 2.74% · Tier avg: 0.96%
95
95th pctile
Efficiency Ratio
Current: 30.83% · Tier avg: 56.60%