Merrick Bank: Liquidity and Borrowings
Data as of · Call Report Schedules RC and RC-M How we update
Cash, the assets that can be turned into cash, and the borrowed money standing behind the deposit base. Heavy reliance on non-core wholesale funding is what turns a deposit outflow into a forced sale of securities.
Loan-to-deposit ratio dropped 3.73 percentage points in Q2 2026, from 120.88% to 117.15%. It was the largest change from Q1 2026 among the key lines here. On loan-to-deposit ratio, Merrick Bank ranks 4th highest among the 44 banks headquartered in Utah, at 117.15% (Q2 2026). The median for banks in the $1B-10B asset tier is 88.20% on loan-to-deposit ratio. Merrick Bank sits 28.95 points higher, at 117.15% (Q2 2026).
Liquid assets
| Line item | Q2 2026 |
|---|---|
| Cash and balances due from depository institutions | $633.3M |
| Cash and noninterest-bearing balances to assets | 6.93% |
| Cash and securities | $918.8M |
| Fed funds sold and reverse repos | $277K |
| Fed funds sold and reverse repos to assets | 0.00% |
Borrowed funds
| Line item | Q2 2026 |
|---|---|
| Fed funds purchased and repos | $0 |
| Other borrowed money | $303K |
| Subordinated notes and debentures | $0 |
| Other borrowed money to assets | 0.00% |
| Trading liabilities | $0 |
Funding structure
| Line item | Q2 2026 |
|---|---|
| Loan-to-deposit ratio | 117.15% |
| Net loans and leases to deposits | 99.14% |
| Loans and leases to core deposits | 119.55% |
| Core deposits to total deposits | 19.00% |
| Brokered deposits to total deposits | 79.00% |
Liquidity and Borrowings trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Liquidity and Borrowings by quarter
| Quarter | Loan-to-deposit | Core deposits share | Fed funds purchased and repos | Other borrowed money |
|---|---|---|---|---|
| Q3 2023 | 113.56% | 55.01% | $0 | $39K |
| Q4 2023 | 100.23% | 53.65% | $0 | $24K |
| Q1 2024 | 102.54% | 53.22% | $0 | $98K |
| Q2 2024 | 112.09% | 51.50% | $0 | $83K |
| Q3 2024 | 119.06% | 42.50% | $0 | $140K |
| Q4 2024 | 111.26% | 36.91% | $0 | $131K |
| Q1 2025 | 85.61% | 21.35% | $0 | $122K |
| Q2 2025 | 122.21% | 19.88% | $0 | $112K |
| Q3 2025 | 124.36% | 19.51% | $0 | $103K |
| Q4 2025 | 123.22% | 19.05% | $0 | $94K |
| Q1 2026 | 120.88% | 15.73% | $0 | $85K |
| Q2 2026 | 117.15% | 19.00% | $0 | $303K |
Merrick Bank liquidity and borrowings, all the way back
Liquidity and Borrowings back to 2001 · peer percentiles on every line item · Excel export
Unlock Merrick Bank, freeSource: Call Report Schedules RC and RC-M, as filed with the FFIEC and standardized by BankRegReports. Dollar amounts are as reported, point-in-time; income statement items are year-to-date through the report date. See the full Merrick Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 34519) · FFIEC NIC profile (RSSD 2615190)