State Bank of Southern Utah

State Bank of Southern Utah is headquartered in Cedar City and is the 22^nd largest bank in the state of Utah. It is also the 973^rd largest bank in the nation. It was established in 1957 and as of September of 2011, it had grown to 162 employees at 13 locations. State Bank of Southern Utah's savings rates are 3X the national average, and it has a 4-star health rating.

State Bank of Southern Utah Routing Number: 124301779

State Bank of Southern Utah Checking Account Rates

State Bank of Southern Utah Savings Account Rates

State Bank of Southern Utah Money Market Rates

State Bank of Southern Utah CD Rates

Data for Q3 2011

Institution Statistics State Bank of Southern Utah FDIC Certificate # 17964 BankRate Report View Year Established 1957 Employees 162 Primary Regulator FDIC Assets and Liabilities Assets $675.44 million Loans $387.78 million Deposits $573.76 million Equity Capital $81.92 million Loan Loss Allowance $11.89 million Unbacked Noncurrent Loans $16.72 million Real Estate Owned $11.08 million Historic Data - September 2010 Assets $661.76 million Equity Capital $77.13 million Loan Loss Allowance $11.07 million Unbacked Noncurrent Loans $21.24 million Real Estate Owned $4.50 million Profit Margin - Quarterly Net Interest Margin 3.76% Return on Assets 0.64% Return on Equity 5.41% Interest Income $20.88 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 September 30, 2011 State Bank of Southern Utah had $27.8 million in non-current loans and owned real-estate with $93.8 million in equity and loan loss allowances on hand to cover it. This gives State Bank of Southern Utah a Texas Ratio of 29.63% 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 State Bank of Southern Utah held steady from 29.23% as of September 30, 2010 to 29.63% as of September 30, 2011, resulting in a negative change of 1.37%. This indicates that the balance sheet and financial strength for State Bank of Southern Utah has held steady in recent periods. Deposit Growth In the past year, State Bank of Southern Utah has increased its total deposits by $18.61 million, resulting in 3.35% 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 State Bank of Southern Utah 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. State Bank of Southern Utah has $675.44 million in assets with $93.8 million in equity, resulting in a capitalization level of 13.89%, which is excellent.

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