Merrick Bank: Regulatory Capital and Risk-Weighted Assets
As of 2Q26, from Call Report Schedule RC-R.
Capital conservation buffer: 10.21% (2Q26), against the 2.50% a bank must hold above each risk-based minimum to pay dividends and discretionary bonuses without limits. The buffer is the smallest of the three cushions over the minimums; here the binding ratio is Total capital. The bank clears the requirement. Filed figure: 10.21% (RCOAH311).
What each ratio is made of, 2Q26
Open a ratio to see its numerator and denominator as filed, our recomputation, and how far it sits above each regulatory line.
Common equity Tier 1 ratio 16.80% +10.30 pp over well capitalized
Common equity Tier 1 is the loss-absorbing core: common stock, retained earnings and most of accumulated other comprehensive income, less goodwill, intangibles and other deductions. It is measured against risk-weighted assets.
| Common equity Tier 1 capital | $1.50B | 1,503,159 | RCOAP859 |
|---|---|---|---|
| Divided by total risk-weighted assets | $8.95B | 8,949,249 | RCOAA223 |
| Recomputed ratio | 16.80% | numerator / denominator | |
| Filed ratio | 16.80% | RCOAP793 | |
| Regulatory minimum | 4.50% | ||
| Minimum plus conservation buffer | 7.00% | ||
| Well-capitalized level | 6.50% | ||
| Cushion over that level | +10.30 pp | $921.5M | capital that could be lost first |
Tier 1 risk-based capital ratio 16.80% +8.80 pp over well capitalized
Tier 1 adds additional Tier 1 instruments, such as qualifying noncumulative perpetual preferred stock, to common equity Tier 1. Measured against risk-weighted assets.
| Tier 1 capital | $1.50B | 1,503,159 | RCOA8274 |
|---|---|---|---|
| Divided by total risk-weighted assets | $8.95B | 8,949,249 | RCOAA223 |
| Recomputed ratio | 16.80% | numerator / denominator | |
| Filed ratio | 16.80% | RCOA7206 | |
| Regulatory minimum | 6.00% | ||
| Minimum plus conservation buffer | 8.50% | ||
| Well-capitalized level | 8.00% | ||
| Cushion over that level | +8.80 pp | $787.2M | capital that could be lost first |
Total risk-based capital ratio 18.21% +8.21 pp over well capitalized
Total capital adds Tier 2, mostly qualifying subordinated debt and the allowance for credit losses up to 1.25% of risk-weighted assets, to Tier 1. Measured against risk-weighted assets.
| Total capital | $1.63B | 1,629,568 | RCOA3792 |
|---|---|---|---|
| Divided by total risk-weighted assets | $8.95B | 8,949,249 | RCOAA223 |
| Recomputed ratio | 18.21% | numerator / denominator | |
| Filed ratio | 18.21% | RCOA7205 | |
| Regulatory minimum | 8.00% | ||
| Minimum plus conservation buffer | 10.50% | ||
| Well-capitalized level | 10.00% | ||
| Cushion over that level | +8.21 pp | $734.6M | capital that could be lost first |
Tier 1 leverage ratio 16.59% +11.59 pp over well capitalized
Tier 1 capital over average total assets for the quarter, with no risk weighting. It caps how far a bank can grow on low-risk-weight assets.
| Tier 1 capital | $1.50B | 1,503,159 | RCOA8274 |
|---|---|---|---|
| Divided by average total assets for the leverage ratio | $9.06B | 9,063,183 | RCOAA224 |
| Recomputed ratio | 16.59% | numerator / denominator | |
| Filed ratio | 16.59% | RCOA7204 | |
| Regulatory minimum | 4.00% | ||
| Well-capitalized level | 5.00% | ||
| Cushion over that level | +11.59 pp | $1.05B | capital that could be lost first |
Amounts in the middle column are thousands of dollars as filed. Ratios are the standardized column of Schedule RC-R Part I.
The capital stack, $ thousands
From common equity to total capital, then the denominators the ratios divide by. Negatives in parentheses.
| Line | 2Q26 | 1Q26 | 4Q25 | 3Q25 | 2Q25 | 1Q25 | Source |
|---|---|---|---|---|---|---|---|
| Common stock plus related surplus, net of treasury stock | 628,044 | 624,318 | 622,280 | 620,066 | 617,918 | 616,806 | RCOAP742 |
| Retained earnings | 987,506 | 1,061,612 | 1,309,202 | 1,302,546 | 1,266,796 | 1,287,499 | RCOAKW00 |
| Accumulated other comprehensive income | (6,287) | (6,262) | (5,688) | (6,225) | (7,248) | (7,141) | RCOAB530 |
| Common equity Tier 1 minority interest | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP839 |
| Common equity Tier 1 capital before adjustments and deductions | 1,609,263 | 1,679,668 | 1,925,794 | 1,916,387 | 1,877,466 | 1,897,164 | RCOAP840 |
| Adjustments and deductions from common equity Tier 1 | (106,104) | (111,652) | (117,748) | (122,733) | (127,233) | 7,141 | P859 - P840 |
| Common equity Tier 1 capital | 1,503,159 | 1,568,016 | 1,808,046 | 1,793,654 | 1,750,233 | 1,904,305 | RCOAP859 |
| Additional Tier 1 capital | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP865 |
| Tier 1 capital | 1,503,159 | 1,568,016 | 1,808,046 | 1,793,654 | 1,750,233 | 1,904,305 | RCOA8274 |
| Tier 2 capital | 126,409 | 124,439 | 126,427 | 124,797 | 120,263 | 87,638 | RCOA5311 |
| Allowance includable in Tier 2 capital | 126,409 | 124,439 | 126,427 | 124,797 | 120,263 | 87,638 | RCOA5310 |
| Total capital | 1,629,568 | 1,692,455 | 1,934,473 | 1,918,451 | 1,870,496 | 1,991,943 | RCOA3792 |
| Total risk-weighted assets | 8,949,249 | 8,806,193 | 8,997,793 | 8,924,434 | 8,675,460 | 6,189,233 | RCOAA223 |
| Average total assets for the leverage ratio | 9,063,183 | 9,164,754 | 9,346,498 | 9,225,446 | 8,904,706 | 7,827,761 | RCOAA224 |
Risk-weighted assets by exposure category, 2Q26
Each category's exposure is filed across the risk-weight columns of Schedule RC-R Part II; its risk-weighted assets are each allocation times its weight. The average risk weight says how much capital a dollar of that exposure consumes.
| Category | Exposure | Risk-weighted | Avg weight | Share of RWA | Source |
|---|---|---|---|---|---|
| Cash and balances due | $633.0M | $7.1M | 1.11% | 0.07% | RC-R Part II, item 1 |
| Securities (HTM and AFS) | $293.8M | $83.9M | 28.55% | 0.83% | RC-R Part II, item 2.a, 2.b |
| Fed funds sold and repo-style transactions | $277K | $55K | 20.00% | 0.00% | RC-R Part II, item 3.a, 16 |
| Loans: past due and nonaccrual | $305.6M | $458.1M | 149.92% | 4.53% | RC-R Part II, item 4.c, 5.c |
| Loans: all other | $8.32B | $8.32B | 99.96% | 82.23% | RC-R Part II, item 4.d, 5.d |
| All other assets | $754.5M | $1.24B | 164.30% | 12.26% | RC-R Part II, item 8 |
| Off-balance-sheet commitments and letters of credit | $8.2M | $8.2M | 100.00% | 0.08% | RC-R Part II, item 12, 13, 14, 15, 17, 18.a, 18.b |
| Market risk and other approaches | NA | $700 | NA | 0.00% | RC-R Part II, item 27 |
How the categories add up to total risk-weighted assets
| Categories above, excluding market risk and other approaches | $10.11B | ties to item 31 ($10.11B) |
|---|---|---|
| Risk-weighted assets before deductions | $10.11B | RCONB704 |
| Less: excess allowance for credit losses | $1.16B | A222 |
| Less: allocated transfer risk reserve | $0 | 3128 |
| Total risk-weighted assets | $8.95B | RCONG641, ties |
12 quarters against the asset-tier median
| Quarter | Framework | CET1 | Tier 1 | Total capital | Leverage | Tier median CET1 | Tier median Tier 1 | Tier median Total capital | Tier median Leverage |
|---|---|---|---|---|---|---|---|---|---|
| 2Q26 | Risk-based | 16.80% | 16.80% | 18.21% | 16.59% | 13.52% | 13.55% | 14.66% | 10.52% |
| 1Q26 | Risk-based | 17.81% | 17.81% | 19.22% | 17.11% | 13.45% | 13.46% | 14.59% | 10.46% |
| 4Q25 | Risk-based | 20.09% | 20.09% | 21.50% | 19.34% | 13.36% | 13.37% | 14.44% | 10.38% |
| 3Q25 | Risk-based | 20.10% | 20.10% | 21.50% | 19.44% | 13.38% | 13.39% | 14.51% | 10.37% |
| 2Q25 | Risk-based | 20.17% | 20.17% | 21.56% | 19.66% | 13.21% | 13.21% | 14.27% | 10.30% |
| 1Q25 | Risk-based | 30.77% | 30.77% | 32.18% | 24.33% | 13.15% | 13.17% | 14.26% | 10.24% |
| 4Q24 | Risk-based | 22.00% | 22.00% | 23.41% | 20.11% | 13.02% | 13.05% | 14.10% | 10.07% |
| 3Q24 | Risk-based | 24.28% | 24.28% | 25.69% | 22.76% | 12.97% | 13.02% | 14.13% | 10.12% |
| 2Q24 | Risk-based | 22.18% | 22.18% | 23.57% | 22.23% | 12.93% | 12.94% | 14.06% | 10.10% |
| 1Q24 | Risk-based | 23.71% | 23.71% | 25.12% | 20.93% | 12.90% | 12.91% | 14.02% | 10.06% |
| 4Q23 | Risk-based | 23.78% | 23.78% | 25.18% | 20.97% | 12.81% | 12.82% | 13.92% | 10.01% |
| 3Q23 | Risk-based | 25.65% | 25.65% | 27.06% | 21.67% | 12.78% | 12.79% | 13.93% | 10.03% |
NA means not filed for that quarter: a community bank leverage ratio filer files no risk-based ratios. Tier medians are the served benchmark for banks in the same asset tier.
Against similar banks, 2Q26
| Bank | Assets | Framework | CET1 | Tier 1 | Total capital | Leverage |
|---|---|---|---|---|---|---|
| Merrick Bank (this bank) | Risk-based | 16.80% | 16.80% | 18.21% | 16.59% | |
| First Mid Bank & Trust, N.A. | $9.14B | Risk-based | 13.58% | 13.58% | 14.66% | 10.70% |
| Pinnacle Bank | $9.18B | Risk-based | 12.35% | 12.35% | 13.48% | 9.92% |
| The Bancorp Bank N.A. | $9.21B | Risk-based | 14.27% | 14.27% | 15.32% | 9.09% |
| American Savings Bank, N.A. | $9.05B | Risk-based | 13.49% | 13.49% | 14.59% | 9.10% |
| First American Trust, FSB | $9.23B | Risk-based | 33.45% | 33.45% | 33.45% | 7.89% |
| Union Bank and Trust Company | $9.24B | Risk-based | 12.70% | 12.71% | 13.96% | 10.65% |
| Lake Forest Bank & Trust Company, N.A. | $9.25B | Risk-based | 11.16% | 11.16% | 12.02% | 9.93% |
| 1st Source Bank | $9.26B | Risk-based | 14.84% | 15.36% | 16.62% | 13.72% |
| Woodforest National Bank | $8.98B | Risk-based | 11.27% | 11.27% | 12.52% | 9.35% |
| b1BANK | $8.89B | Risk-based | 12.33% | 12.33% | 13.20% | 10.91% |
| Peer 25th percentile | 12.33% | 12.33% | 13.27% | 9.17% | ||
| Peer median | 13.10% | 13.10% | 14.27% | 9.93% | ||
| Peer 75th percentile | 14.10% | 14.10% | 15.15% | 10.69% | ||
| This bank's percentile | 90 | 90 | 90 | 100 |
Peer ratios use the same basis as this bank: the standardized column of Schedule RC-R where served, the filed summary otherwise. Similar banks are the nearest banks by size in the same asset tier.
Source: FFIEC Call Report Schedule RC-R, Parts I and II, as filed. Well capitalized means at least 6.5% CET1, 8% Tier 1, 10% total capital and 5% leverage under the prompt corrective action rules; a community bank leverage ratio filer must instead hold the leverage ratio its framework requires. The same figures are in the API at /api/v1/banks/2615190/regulatory-capital/ and in the Excel workbook. Next: the capital tab, the peer group page, or the full profile.