Overview / Commentary
Bank of Utica is headquartered in Utica and is the 45th largest bank in the state of New York. It is also the 676th largest bank in the nation. It was established in 1927 and as of March of 2022, it had grown to 44 employees at 1 location. Bank of Utica has an A+ health rating.
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Reviews (2)
Interest Rates
Posted by: Anonymous | Apr 3, 2011
It's local deposits only, so it doesn't apply to about 99% of those interested.
Local Depositors ONLY!!!
Posted by: jjones6554 | Dec 31, 2018
Called to find only LOCAL Depositors can open a cd account!!! This was after wasting time to fill out the
online application!!!
Health
A+
Data as of Q1 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 13397 |
| Year Established | 1927 |
| Employees | 44 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 2.06% |
| Return on Equity - YTD | 10.59% |
| Annual Interest Income | $9.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2022vs Q1 2021 | $1.56B$1.44B |
| Loans | Q1 2022vs Q1 2021 | $99.4MM$122.4MM |
| Deposits | Q1 2022vs Q1 2021 | $1.23B$1.14B |
| Equity Capital | Q1 2022vs Q1 2021 | $303.8MM$277.9MM |
| Loan Loss Allowance | Q1 2022vs Q1 2021 | $1.2MM$1.7MM |
| Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $1.1MM$1.2MM |
| Real Estate Owned | Q1 2022vs Q1 2021 | $0$0 |