Continental Bank (UT)

Continental Bank (UT) is headquartered in Salt Lake City and is the 42^nd largest bank in the state of Utah. It is also the 4,735^th largest bank in the nation. It was established in 2003 and as of March of 2012, it had grown to 13 employees at 1 location. Continental Bank (UT) has a 3-star health rating.

Data for Q1 2012

Institution Statistics Continental Bank FDIC Certificate # 57571 BankRate Report View Year Established 2003 Employees 13 Primary Regulator FDIC Assets and Liabilities Assets $108.99 million Loans $95.79 million Deposits $79.62 million Equity Capital $28.83 million Loan Loss Allowance $2.36 million Unbacked Noncurrent Loans $3.29 million Real Estate Owned $2.24 million Historic Data - March 2011 Assets $103.59 million Equity Capital $20.06 million Loan Loss Allowance $2.78 million Unbacked Noncurrent Loans $2.59 million Real Estate Owned $628,000 Profit Margin - Quarterly Net Interest Margin 11.18% Return on Assets 8.76% Return on Equity 34.09% Interest Income $3.23 million

Institution Health Overall Score: 3 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 March 31, 2012 Continental Bank (UT) had $5.53 million in non-current loans and owned real-estate with $31.19 million in equity and loan loss allowances on hand to cover it. This gives Continental Bank (UT) a Texas Ratio of 17.74% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Continental Bank (UT) held steady from 14.07% as of March 31, 2011 to 17.74% as of March 31, 2012, resulting in a negative change of 26.04%. This indicates that the balance sheet and financial strength for Continental Bank (UT) has held steady in recent periods. Deposit Growth In the past year, Continental Bank (UT) has decreased its total deposits by -$3.56 million, resulting in -4.27% 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 Continental Bank (UT) has shown is below 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. Continental Bank (UT) has $108.98 million in assets with $31.19 million in equity, resulting in a capitalization level of 28.62%, which is excellent.

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