Merit Bank
Huntsville, AL · Owner: Merit Holdings LLC
$582M
total assets, June 30, 2026
$582M
total assets, June 30, 2026
Merit Bank is a state nonmember bank based in Huntsville, AL, owned by Merit Holdings LLC. As of June 30, 2026 it held $581.6 million in assets and $446.6 million in deposits; assets were up 26.6% from a year before. It has 1 branch.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$582M
+26.6% in a year · +10.8% in a quarter
Deposits
$447M
+16.2% in a year · +0.6% in a quarter
Loans
$400M
+27.7% in a year · +12.2% in a quarter
Profit so far
$2.7M
Jan 1 to Jun 30, 2026 · +77.4% in a year
Capital ratio
9.70%
+1.03 pts in a year
Return on assets
1.01%
+0.33 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 3810 Governors Drive Nw, Huntsville, AL, 35805
- County
- Madison
- Holding company
- Merit Holdings LLC
- Established
- Aug 12, 1935
- Employees
- 46
- Branches
- 1
- Website
- www.meritbank.com
- Id
- b15270
Quarter by quarter
March 31, 1984 to June 30, 2026
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Branches
1 office as of June 30, 2026, holding $446.6 million in deposits
Branch map
Every branch, sized by its deposits
| State | Branches | Deposits | Share |
|---|---|---|---|
| Alabama | 1 | $447M | 100.0% |
Related pages
Questions and answers
How big is Merit Bank?
$581.6 million in total assets and $446.6 million in deposits as of June 30, 2026, with assets up 26.6% from a year before. Its loans were $400.2 million.
How many branches does Merit Bank have?
1 branch in Alabama as of June 30, 2026.
Is Merit Bank profitable?
Yes: it earned $2.72 million from January 1 to June 30, 2026 (up 77.4% from the same months a year before). Its return on assets was 1.01% a year; about 1% is typical.
Who owns Merit Bank?
Merit Bank is owned by Merit Holdings LLC, its holding company.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.