Central Bank (UT)

Central Bank (UT) is headquartered in Springville and is the 24^th largest bank in the state of Utah. It is also the 989^th largest bank in the nation. It was established in 1891 and as of December of 2011, it had grown to 197 employees at 10 locations. Central Bank (UT)'s money market rates are 25% higher than the national average, and it has a 4-star health rating.

Central Bank (UT) Savings Account Rates

Central Bank (UT) Money Market Rates

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Central Bank (UT) IRA Rates

Data for Q4 2011

Institution Statistics Central Bank FDIC Certificate # 9204 BankRate Report View Year Established 1891 Employees 197 Primary Regulator FDIC Assets and Liabilities Assets $662.10 million Loans $348.45 million Deposits $508.41 million Equity Capital $105.33 million Loan Loss Allowance $12.38 million Unbacked Noncurrent Loans $8.83 million Real Estate Owned $53.72 million Historic Data - December 2010 Assets $632.56 million Equity Capital $100.27 million Loan Loss Allowance $10.40 million Unbacked Noncurrent Loans $20.90 million Real Estate Owned $56.35 million Profit Margin - Quarterly Net Interest Margin 4.9% Return on Assets 0.68% Return on Equity 4.27% Interest Income $31.13 million

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Central Bank (UT) had $62.55 million in non-current loans and owned real-estate with $117.72 million in equity and loan loss allowances on hand to cover it. This gives Central Bank (UT) a Texas Ratio of 53.13% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Central Bank (UT) decreased slightly from 70.74% as of December 31, 2010 to 53.13% as of December 31, 2011, resulting in a positive change of 24.89%.This indicates that the balance sheet and financial strength for Central Bank (UT) has improved slightly in recent periods. Deposit Growth In the past year, Central Bank (UT) has increased its total deposits by $21.63 million, resulting in 4.44% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Central Bank (UT) has shown is above average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Central Bank (UT) has $662.1 million in assets with $117.72 million in equity, resulting in a capitalization level of 17.78%, which is excellent.

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