Merit Bank

Merit Bank
659 Gallatin St Sw
Huntsville, AL 35801

Status: Active
Concentration:Commercial Lending Specialization
Established:08/12/1935
FDIC Insurance:08/21/1935
FDIC Cert:#15270
Holden By:MERIT HOLDINGS LLC
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:3, ranked #2586
Website:https://www.meritbank.com
Total Assets:$364,925,000, ranked #2181
Total Deposits:$281,818,000, ranked #2314
Total Equity Capital:$35,038,000, ranked #2179
Total Domestic Deposits:$281,818,000, ranked #2313
Net Income:$1,072,000, ranked #3398
Quarterly Net Income:$326,000, ranked #2966
Return on Equity:3%, ranked #3907
Quarterly Return on Equity:4%, ranked #3383

Financial Information (2023-12-31 and Older)