Cache Valley Bank is headquartered in LOGAN and is the 19th largest bank in the state of Utah. It is also the 413th largest bank in the nation. It was established in 1975 and as of June of 2024, it had grown to 312 employees at 23 locations. Cache Valley Bank has an A health rating.
| Overall | |
|---|---|
| FDIC Certificate # | 22134 |
| Year Established | 1975 |
| Employees | 312 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.8% |
| Return on Equity - YTD | 15.98% |
| Annual Interest Income | $91.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $2.92B$2.87B |
| Loans | Q2 2024vs Q2 2023 | $2.37B$2.09B |
| Deposits | Q2 2024vs Q2 2023 | $2.57B$2.51B |
| Equity Capital | Q2 2024vs Q2 2023 | $332.2MM$294.2MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $31MM$27.3MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $2.8MM$5.9MM |
| Real Estate Owned | Q2 2024vs Q2 2023 | $1.9MM$1.9MM |
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