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Merit Bank, Financial Information

AboutMerit Bank

 Address:
659 Gallatin St Sw
Huntsville,AL
DeKalb County,Alabama
 Established:
Aug 1935
 Number of domestic offices:
4
Total assets$156M
Net income$-2M
Net income,quarterly$0M
Total deposits$138M
Domestic deposits$138M
Equity capital$18M
ROA-1.6%
ROAQ,quarterly-1.08%
ROA,pretax-1.08%
ROAQ,quarterly,pretax-1.08%
ROE-10.51%
ROEQ,quarterly-8.89%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Historical Data