Holladay Bank & Trust

Holladay Bank & Trust is headquartered in Salt Lake City and is the 53^rd largest bank in the state of Utah. It is also the 6,510^st largest bank in the nation. It was established in 1974 and as of March of 2012, it had grown to 14 employees at 1 location. Holladay Bank & Trust has a 2-star health rating.

Data for Q1 2012

Institution Statistics Holladay Bank & Trust FDIC Certificate # 21448 BankRate Report View Year Established 1974 Employees 14 Primary Regulator FDIC Assets and Liabilities Assets $45.18 million Loans $27.77 million Deposits $39.33 million Equity Capital $5.33 million Loan Loss Allowance $1.05 million Unbacked Noncurrent Loans $1.59 million Real Estate Owned $4.39 million Historic Data - March 2011 Assets $53.05 million Equity Capital $6.46 million Loan Loss Allowance $950,000 Unbacked Noncurrent Loans $3.23 million Real Estate Owned $5.30 million Profit Margin - Quarterly Net Interest Margin 4.6% Return on Assets -0.04% Return on Equity -0.38% Interest Income $530,000

Institution Health Overall Score: 2 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 Holladay Bank & Trust had $5.99 million in non-current loans and owned real-estate with $6.38 million in equity and loan loss allowances on hand to cover it. This gives Holladay Bank & Trust a Texas Ratio of 93.84% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Holladay Bank & Trust decreased slightly from 115.20% as of March 31, 2011 to 93.84% as of March 31, 2012, resulting in a positive change of 18.54%.This indicates that the balance sheet and financial strength for Holladay Bank & Trust has improved slightly in recent periods. Deposit Growth In the past year, Holladay Bank & Trust has decreased its total deposits by -$6.78 million, resulting in -14.71% 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 Holladay Bank & Trust has shown is poor. 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. Holladay Bank & Trust has $45.18 million in assets with $6.38 million in equity, resulting in a capitalization level of 14.12%, which is excellent.

No reviews have been left for this bank yet. Be the first to review.