Merchants Bank of Alabama
Established in 1907
About Merchants Bank of Alabama
Merchants Bank of Alabama was established on 1907. The bank's headquarters are located at 900 Second Avenue, Sw in Cullman, Alabama.
Merchants Bank of Alabama is an FDIC insured bank with FDIC number 46 managing assets to the value of $371,149 as of 12/31/2020.
Merchants Bank of Alabama has a Texas ratio of 3.98%.
The bank Texas Ratio is an indicator of the bank's health developed at RBC Capital Markets to measure a financial institution's credit troubles. The lower the Texas Ratio, the healthier the bank.
About the Bank
FDIC Certificate #
46
Active Insured Since #
1/1/1934
Financial Profile
Dollar figures in thousands (000's)
| As of 12/31/2020 | |
|---|---|
| Total Assets | $371,149 |
| Equity Capital | $34,934 |
| Total Deposits | $334,722 |
| Total Liabilities | $336,216 |
| Total Securities | $84,064 |
| Net Loans And Leases | $190,512 |
| Loan Loss Allowance | $2,416 |
| Total Loans And Leases | $193,031 |
| YTD (as of 12/31/2020) | |
|---|---|
| Return On Assets | 1.03% |
| Return On Equity | 10.32% |
| Total Interest Income | $12,281 |
| Total Interest Expense | $1,191 |
| Total Non Interest Income | $2,600 |
| Total Non Interest Expense | $8,785 |
Headquarters
900 Second Avenue, Sw 35055, CullmanMerchants Bank of Alabama branches near me
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