Cache Valley Bank is headquartered in Logan and is the 18th largest bank in the state of Utah. It is also the 381st largest bank in the nation. It was established in 1975 and as of June of 2021, it had grown to 283 employees at 21 locations. Cache Valley Bank has an A health rating.
| Overall | |
|---|---|
| FDIC Certificate # | 22134 |
| Year Established | 1975 |
| Employees | 283 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 2.06% |
| Return on Equity - YTD | 28.23% |
| Annual Interest Income | $59.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2021vs Q2 2020 | $2.95B$2.70B |
| Loans | Q2 2021vs Q2 2020 | $1.90B$1.89B |
| Deposits | Q2 2021vs Q2 2020 | $2.12B$1.67B |
| Equity Capital | Q2 2021vs Q2 2020 | $209.2MM$171.1MM |
| Loan Loss Allowance | Q2 2021vs Q2 2020 | $18.8MM$17.1MM |
| Unbacked Noncurrent Loans | Q2 2021vs Q2 2020 | $3.2MM$9.7MM |
| Real Estate Owned | Q2 2021vs Q2 2020 | $4.3MM$1.2MM |
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