Prime Alliance Bank

1868 South 500 West
Woods Cross, UT 84087
1-801-296-2200
www.primealliancebank.com

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Prime Alliance Bank is headquartered in Woods Cross and is the 44^th largest bank in the state of Utah. It is also the 4,891^st largest bank in the nation. It was established in 2004 and as of March of 2012, it had grown to 17 employees at 1 location. Prime Alliance Bank has a 4-star health rating.

Prime Alliance Bank Routing Number: 124303081

5.55% 10-Month CD at an Utah Bank (Prime Alliance) - 9/30/2007

Prime Alliance Bank is offering a promotional CD with a yield of 5.55% APY and a term of 10 months. The minimum deposit is $5,000. It allows a one time withdrawal without a penalty.The bank is located in Woods Cross, Utah which is about 10 miles north of...

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See Rates for: Checking | Savings | Money Market | CD | IRA

Prime Alliance Bank Checking Account Rates

Apy	Min	Max	Product
0.55%	$100k	$250k	Prime Business Checking
0.55%	$100k	$250k	Public Partner Checking
0.55%	$100k	$250k	Organization Partner Checking
0.55%	-	-	IOLTA Trust
0.30%	$100k	$250k	Prime Checking
0.30%	$20k	$250k	Premium Prime Checking

Prime Alliance Bank Savings Account Rates

Apy	Min	Max	Product
0.65%	$500k	-	Prime Management Account
0.50%	-	-	HSA Checking
0.33%	-	-	Young Achievers
0.28%	$25	-	Personal Savings Account
0.28%	$25	-	Business Savings Account

Prime Alliance Bank Money Market Rates

Apy	Min	Max	Product
0.43%	$250k	-	Prime Money Market
0.38%	$250k	-	Prime Combined e-MMA

Prime Alliance Bank CD Rates

Apy	Min	Max	Product
1.50%	$500	-	60 Month CD
1.50%	$5k	-	60 Month Promotional CD
1.00%	$500	-	48 Month CD
0.80%	$5k	-	36 Month Promotional CD
0.80%	$500	-	36 Month CD
0.55%	$100k	-	12 Month Jumbo CD
0.50%	$500	-	24 Month CD
0.45%	$500	-	18 Month CD
0.35%	$500	-	12 Month CD
0.30%	$100k	-	6 Month Jumbo CD
0.21%	$500	-	6 Month CD
0.20%	$100k	-	3 Month Jumbo CD
0.11%	$500	-	3 Month CD

Prime Alliance Bank IRA Rates

Apy	Min	Max	Product
1.80%	$500	-	60 Month IRA
1.00%	$500	-	30 Month IRA
0.70%	$500	-	18 Month IRA
0.50%	$500	-	12 Month IRA
0.30%	$500	-	6 Month IRA

Rates updated: 5/27/2012

Data for Q1 2012

Institution Statistics

Prime Alliance Bank
FDIC Certificate #	57920
BankRate Report	View
Year Established	2004
Employees	17
Primary Regulator	FDIC
Assets and Liabilities
Assets	$102.37 million
Loans	$78.85 million
Deposits	$84.32 million
Equity Capital	$14.73 million
Loan Loss Allowance	$2.52 million
Unbacked Noncurrent Loans	$311,000
Real Estate Owned	$1.63 million
Historic Data - March 2011
Assets	$102.46 million
Equity Capital	$12.64 million
Loan Loss Allowance	$3.00 million
Unbacked Noncurrent Loans	$2.75 million
Real Estate Owned	$4.98 million
Profit Margin - Quarterly
Net Interest Margin	5.58%
Return on Assets	0.4%
Return on Equity	2.74%
Interest Income	$1.58 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 March 31, 2012 Prime Alliance Bank had $1.94 million in non-current loans and owned real-estate with $17.25 million in equity and loan loss allowances on hand to cover it. This gives Prime Alliance Bank a Texas Ratio of 11.23% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Prime Alliance Bank decreased significantly from 49.41% as of March 31, 2011 to 11.23% as of March 31, 2012, resulting in a positive change of 77.27%.This indicates that the balance sheet and financial strength for Prime Alliance Bank has improved significantly in recent periods.
Deposit Growth
In the past year, Prime Alliance Bank has decreased its total deposits by $-387,000, resulting in -0.46% 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 Prime Alliance Bank has shown is 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. Prime Alliance Bank has $102.36 million in assets with $17.25 million in equity, resulting in a capitalization level of 16.86%, which is excellent.